dna Money Must Reads: From Arun Jaitley's warning to Mallya, to Accenture's strong March-quarter performance and more

These are the top 5 business stories of the day:

1. Mutual funds log first outflow in 21 months; pull out nearly Rs 5,200 crore

Logging their first net outflow in 21 months, mutual funds (MF) have pulled out nearly Rs 5,200 crore from stock markets in March on profit booking, although for the entire fiscal ending March 31 they have invested more than Rs 70,000 crore. MF have pulled out nearly Rs 5,200 crore from stock markets in March on profit booking, although for the entire fiscal ending March 31 they have invested more than Rs 70,000 crore. Read more.

2. Accenture March quarter performance benefits Infosys, TCS

Shares of Infosys and Tata Consultancy Services surged up by 2% in early trade on Monday. The gain was a clear result of strong earnings by Ireland-based IT software company Accenture, which raised hopes for good March quarter performance. Read more.

3. You can now book an auto-rickshaw from Zoomcar for self driving

Commuters who are hassled with the everyday humdrum of hailing an auto-rickshaw, now have the option of or hiring and driving their own auto-rickshaw. Even those looking to take the auto-rickshaw for a joy-ride can avail of the service. Read more. 

4. Pay dues honourably or face coercive action: Jaitley warns Mallya

In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues honourably with the banks or else be ready to face "coercive action" by lenders and investigative agencies. Read more. 

5. Colgate Palmolive to pay interim dividend of Rs 3 per share

FMCG firm Colgate Palmolive (India) Ltd declared an interim dividend of Rs 3 per equity share of Rs 1 each for the financial year 2015-16. Read more.