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JM Financial MF to change fund managers of 2 funds from Aug 1

JM Dynamic Debt Fund will now be managed by Vikas Agrawal, while Shalini Tibrewala will oversee JM Money Market Fund from Moneycontrol Business News https://ift.tt/2vnr0z3

Deepak Parekh re-appointed as director even as 22.64% HDFC shareholders voted against

HDFC had to come out with special resolution for re-appointment of its Parekh as he would cross the age of 75-year on October 18 next year. from Moneycontrol Business News https://ift.tt/2OuPpeZ

Indian government seeks parliament nod for $143 million capital injection in Air India

The government has "sought funds for infusion of equity in Air India under (its) turn around plan," a statement tabled in the lower house of parliament said. from Moneycontrol Business News https://ift.tt/2vnqVeJ

Union Mutual Fund appoints two fund managers for equity savings scheme

Parijat Agrawal and Hardick Bora will be co-managing Union Equity Savings Fund from Moneycontrol Business News https://ift.tt/2NXOF0H

Give public sector banks more autonomy, says Ravi Venkatesan

"Public sector banks are systemically more accident-prone," Venkatesan said. from Moneycontrol Business News https://ift.tt/2LRzFEn

Tata Motors Q1 net loss at Rs 1862 crore, way below estimates

India’s biggest automaker Tata Motors on Tuesday reported a consolidated net loss for the quarter ended June at Rs 1862.57 crore, missing estimates by a huge margin. from Moneycontrol Business News https://ift.tt/2NZbnWm