Building an emergency kitty through mutual funds

1. What are emergency or contingency funds for? Many a time in life there are situations where you need money immediately. For example, if you lose your job, if your car breaks down or suf fers a major accident and needs to be re paired, if you or a family member need to be hospitalised, […]

Piramal Fund Management invests in Ahuja Constructions’ Altus project

MUMBAI: Piramal Fund Management, the realty investment arm of Ajay Piramal-led Piramal Enterprises, has invested in Ahuja Constructions‘ premium residential project Altus in Mumbai’s Worli locality to support the project’s total construction cost of Rs 100 crore. The fund is investing in the project through a fixed-return debt instrument with periodic coupon payment. The project […]