Story preview
Continue reading on the publisher site for the full article.
Read on publisher →The Financial Express
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
13
in the last 3 days
First reported
17 hr. ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
Context from Wikipedia on the organisations, people and places in this story.
England-based mining company
Adastra Minerals Inc was a London-based mining company with notable operations in central Africa, particularly in copper, cobalt and zinc exploration. Adastra's properties and concessions were acquired in 2006 by First Quantum Minerals for $245m in cash and stock, outpacing a counter-offer by Mwana Africa plc. Founder Jean-Raymond Boulle and top UK insurer Prudential plc had owned 10% and 14% stakes in Adastra, respectively. In the mid-1990s, the company became known for developing highly prospective copper and cobalt mines in Zaire during a civil war.
More on Wikipedia ↗Domestic SIP contributions rose 0.6% to a record 324.90 billion rupees, helping offset $3.75 billion of foreign outflows, Reuters said.
Small-cap and mid-cap funds attracted ₹16,873 crore in September, up 12.8% from August. Experts say inflows reflect long-term growth expectations and SIP participation, but investors should avoid chasing past returns and assess valuations, risk tolerance and investment horizons before investing.
India's equity mutual funds drew a five-month high in September as record SIP contributions offset a market sell-off and foreign outflows. The data pointed to steady domestic support for equities, with analysts highlighting a structural shift in retail participation.