Equity mutual funds attract ₹29,329 crore in August, highest in 4 months

Strong investor interest in mid-cap and small-cap funds lifted equity mutual fund inflows nearly 19 per cent from July, even as overall mutual fund inflows fell sharply Equity mutual fund schemes attracted Rs 29,329 crore in August, registering their highest net inflow in four months, as investors continued to favour mid- and small-cap funds despite…

HCL Technologies share emerges top gainer on Nifty 50 and Sensex after Sarvam AI investment move

HCL Technologies share price has gained 12% in one month, but has risen only 1% in six months. The largecap IT stock has fallen 13% on a year-to-date (YTD) basis, and has declined 8% in one year. HCL Tech shares have jumped 51% in three years and 107% in five years. HCL Technologies share price…

IndiGo ‘profusely’ sorry for flight cancellations, tells DGCA ‘realistically not possible to pinpoint the exact causes’

The DGCA said that IndiGo had attributed the mass cancellations to the ‘compounding effect of multiple factors,’ which operated in an ‘unfortunate and unforeseeable confluence’. Hours after IndiGo CEO Pieter Elbers and COO Isidre Porqueras responded to a show-cause notice by the Directorate General of Civil Aviation (DGCA), the aviation watchdog released a statement providing…