SIP contribution crosses Rs 1 trillion in FY24

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Large-cap equity funds recorded net inflows of Rs 723.8 crore in October, after five straight months of net outflows, according to data released by the Association of Mutual Funds in India (Amfi). In April, the category had seen Rs 52.6 crore in net inflows. “The large-cap category witnessed a noteworthy resurgence, reflecting broader market recove

Crisil Ratings upgrades outlook on Tata Power to positive

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Tata Power on Wednesday said Crisil Ratings has upgraded its outlook on the company to ‘positive’ on expectation of an improvement in operating profitability this fiscal. The ratings agency had earlier assigned a ‘stable’ outlook on the company, Tata Power said in a regulatory filing. “CRISIL Ratings Limited has upgraded its outlook on the company

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