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The Latest Breaking News from AMC

SBI Funds Management IPO: Issue subscribed 2.77 times on Day 2; GMP signals 16% listing gains

SBI Funds Management IPO received robust demand on its second day of bidding. Non-institutional investors led the subscription, booking over six times their allocated portion. The Grey Market Premium suggests a potential listing price of approximately Rs 662 per share. This public issue, an Offer for Sale, will remain open…

The Economic Times

Only 1 international mutual fund remains open for fresh SIPs and lumpsum investments

Starting a new SIP in international mutual funds has become difficult, with Baroda BNP Paribas Aqua FoF now the only scheme accepting fresh registrations after 11 funds halted new SIPs. The restrictions stem from SEBI’s overseas investment limits, which have constrained fund houses’ ability to accept fresh inflows. Existing SIPs…

The Economic Times

Claudia Rises Again? Behind 'The Vampire Lestat's Shocking Resurrection

Delainey Hayles and Jacob Anderson break down 'The Vampire Lestat's shocking séance twist, and the slippery truth that comes out of it.

Inverse

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SBI Funds reduces IPO size to Rs 9,813 crore after pre-offer placement. Will it impact listing gains?

SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement with 30 anchor investors. The IPO, entirely an offer-for-sale by SBI and Amundi India Holding, will open on July 14. SBI sold 1.42% stake at…

The Economic Times

Exclusive | Motilal Oswal opens up on succession, 10X profit goal and his 39-year partnership with Raamdeo Agrawal

Motilal Oswal Financial Services aims to grow profits tenfold over the next decade while preparing for a leadership transition. In an exclusive interview with ET Markets, billionaire co-founder Motilal Oswal said the group has inducted the next generation—Pratik Oswal and Vaibhav Agrawal—onto the board and is also empowering senior professionals.

The Economic Times

Up in the air! Can SBI Funds Management IPO investors look past OFS to expect strong listing day gains?

SBI Funds Management's large IPO presents a valuation opportunity for investors. The offer for sale structure may temper immediate listing day gains. Analysts note its scale and brand support long-term investment potential. The company holds a leading market position in asset management. Investors should maintain realistic expectations for initial trading…

The Economic Times

Ahmedabad creates Guinness World Record by planting 3.61 lakh saplings in one hour using Miyawaki Method

Ahmedabad achieved a Guinness World Record for planting 3.61 lakh saplings in one hour. Over 25,000 volunteers participated in this extensive plantation drive at Bhadaj. The initiative utilized the Miyawaki method and indigenous plant species to boost urban greenery. This event is part of a larger tree-planting goal for the…

The Economic Times

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Who is Merrick? 'The Vampire Lestat's Most Important New Character, Explained

'The Vampire Lestat' introduces the most ambitious witch of the Immortal Universe. Here's everything you need to know about Merrick Mayfair.

Inverse

Why getting a SWP death claim is not that simple for surviving spouses and why Sebi must ensure strict adherence

It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death claims, when the bereaved family expects empathy and handholding, and the funds to relieve them from the stress of having lost a loved one. Sebi should review the…

The Economic Times

SBI MF IPO vs ICICI AMC: Which is the better bet for investors ahead of Rs 11,600 crore issue?

SBI Funds Management's IPO offers investors a chance to evaluate its market leadership. The company's valuation appears reasonable when compared to its listed peers. SBI MF leads in scale and cost efficiency, while others excel in revenue generation. The mutual fund industry is experiencing structural growth, benefiting from increased savings.…

The Economic Times

AMC Stock Stabilizes Above 200-Day Moving Average: What Investors Need to Know

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading marginally higher on Friday as traders lean into a more constructive box-office outlook and a fresh analyst target hike.

Benzinga

Sebi allows mutual funds to use intraday borrowing to manage liquidity mismatches

Starting September 1, 2026, SEBI allows mutual funds to use intraday borrowing to manage short-term liquidity mismatches for payouts. Asset management companies must cover all borrowing costs, ensuring no financial risk is passed on to the scheme investors.

The Economic Times

SBI MF IPO: Can Zerodha, Groww and other digital-first funds threaten India’s largest AMC in $1 trillion race?

As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India's mutual fund industry. While digital challengers are winning younger investors, the country's largest AMC believes its scale, trust and distribution network remain powerful competitive advantages.

The Economic Times

Prashant Jain, other top investors pick Rs 1,655 crore stake in SBI Funds Management pre-IPO deals

SBI Funds Management has raised Rs 1,655 crore through a pre-IPO placement by selling a 1.42% stake to 30 marquee investors, including Prashant Jain-led 3P India Equity Fund I. The strong institutional participation comes ahead of the AMC's Rs 11,692.91-crore IPO, which opens for subscription on July 14.

The Economic Times

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Cinemablend

Super Troopers 3’s Popcorn Bucket Has A Full Mustache (Because Of Course It Does)

If you were hoping for a large farva or a liter o' cola, you're in luck.

The Economic Times

PGIM India Mutual Fund announces temporary suspension of fresh subscription in its 3 international funds

PGIM India Mutual Fund has temporarily suspended subscriptions in three international fund of funds from July 9, citing overseas investment limits. Fresh SIP registrations will not be accepted after the cut-off time on July 8, while existing SIP and STP instalments will continue without interruption.

Inverse

Akasha? 24 Years Later, ‘The Vampire Lestat’ Reboots Anne Rice's Most Crucial Villain

'The Vampire Lestat' finally introduces us to Queen Akasha, and Sheila Atim breaks down her awakening and all the fury that comes with it.

BANG Premier

Which wedding guest caught Taylor Swift's bridal bouquet?

A guest at Taylor Swift and Travis Kelce's wedding is hoping for a " lifetime of love, luck, and laughter" after catching the bride's bouquet at their wedding.

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news in one place.

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MarketBeat

This Under-the-Radar Industrial Is Quietly Powering AI

Regal Rexnord shares are up about 51% in 2025, driven by surging AI data center orders and a 34% jump in its automation segment, though rising short interest and margin pressure pose risks.

BANG Premier

Workers asked to leave Madison Square Garden after taking photos

A number of workers were dismissed from their duties at Madison Square Garden after taking photographs before Taylor Swift and Travis Kelce's wedding.

BANG Premier

Taylor Swift and Travis Kelce's wedding favour revealed

Maren Morris has taken to Instagram to reveal what guests at Taylor Swift and Travis Kelce's nuptials were given as wedding favours.

The Independent UK

AMC CEO shares candid play-by-play of Taylor Swift and Travis Kelce’s wedding before taking down post

Adam Aron was among the guests at the secrecy-shrouded ceremony at Madison Square Garden

The Economic Times

JioBlackRock to offer full MF bouquet in 3 years; plans more SIFs, ETFs, GIFT City products

Jio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturing into more specialized investment funds (SIFs), ETFs, and offshore products via GIFT City. Following the launch of its Prism Hybrid Long-Short fund, the company plans another SIF in the equity long-short category soon.…

The Canberra Times

My life as an enforcer in the Canberra criminal underbelly that would terrify you

There's a 'Cocaine Lane' in the heart of our city.

Bored Panda

Confused Fans Battle Over AMC Show As Star Shatters Internet With Unreal Shirtless Scene: “Her Waist?!”

One scene from AMC's The Vampire Lestat leaves millions doing a double take.

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