Mutual Funds News

• Finally, equity MF plans see inflows in Jan
  

  - Indian Express - Wed 10 Feb, 03:19 AM

  Equity mutual fund schemes, which were witnessing huge redemptions in the last six months, have finally started seeing inflows in January. Three new fund offers were also successfully launched in January 2010. Not only equity schemes, but income...
• Peerless Funds to float 4 products in six months
  

  - Indian Express - Wed 10 Feb, 03:14 AM

  Peerless Funds Management Company Ltd (PFMCL), a wholly-owned subsidiary of Kolkata-based Peerless General Finance & Investment Company, has lined up four products in the first six months of its operation. The company, which will start...
• Tax reforms, selloff plans to top Budget agenda: Morgan Stanley
  

  - Indian Express - Wed 10 Feb, 03:14 AM

  During the upcoming budget on February 26, the government may announce measures on tax reforms, infrastructure, disinvestment in PSUs with steeping up fiscal consolidation, Stephen S Roach, chairman at Morgan Stanley said on Tuesday. There may be...
• FOCUS - Education to get boost on govt reform, PE funds

  - Reuters - Tue 09 Feb, 06:20 PM

  MUMBAI (Reuters) - India's education sector is likely to see heavy investments from private equity funds over the next couple of years betting on increased government spending and as private players plan expansions, officials...
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  Spyker gets financing to close Saab deal

  - Reuters - Tue 09 Feb, 02:30 AM

  AMSTERDAM (Reuters) - Dutch sports car maker Spyker Cars on Monday said it has secured the financing to close its purchase of the Swedish auto brand Saab from General Motors, but still has not secured the funds for a required subsequent...
• Citi in talks over $3 bln in car loans - FT

  - Reuters - Mon 08 Feb, 06:50 PM

  PHILADELPHIA (Reuters) - Citigroup Inc has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial...

EARLIER HEADLINES

• Rupee subdued by weak shares, regional FX
  - Reuters - Mon 08 Feb, 10:30 AM
• G7 reassures on Greece, talks tough on banks
  - Reuters - Sun 07 Feb, 09:10 AM
• ANALYSIS - Hedge investors pay up as they wait for cash back
  - Reuters - Sat 06 Feb, 05:50 PM
• Obama urges Congress to back small business plan
  - Reuters - Sat 06 Feb, 05:00 PM
• Hedge funds start 2010 with small losses - HFR
  - Reuters - Sat 06 Feb, 03:50 PM