How much risk can you take? Pension regulator plans to ask before you choose an NPS schemePFRDA is set to launch a suitability platform to evaluate the risk appetite of NPS subscribers. This platform will be integrated across var...
Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
Ace investor Madhu Kela owns 8.99% in Sunil Singhania-led Abakkus AMC’s holding company, DRHP showsAce investor Madhuri Madhusudan Kela holds an 8.99% share of the total capital contribution in Abakkus Expert Professionals LLP, the holdin...
ETMarkets Smart Talk | 2-3 crore wealth creators could enter PMS: Sandeep Jethwani on PRIM and India’s wealth boomSEBI's new PRIM framework lowers the PMS entry limit to Rs 25 lakh, opening professional portfolio management to 2-3 crore Indian investors...
ETMarkets PMS Talk | From mutual funds to PMS: Brijesh Ved on where PRIM fits in India's evolving wealth landscapeAgainst this backdrop, SEBI’s proposed PRIM framework could potentially redefine what investors expect from a portfolio manager.
India’s new wealth creators: Why diversification is changing investment strategiesIndia’s new wealth creators are looking beyond traditional investments, exploring alternatives, global markets, and more diversified portfo...
Motilal Oswal group gets SEBI custodian licence to start operations from Q4Motilal Oswal Financial Services’ wholly owned subsidiary MOCSPL has received SEBI approval to operate as a securities custodian, expanding...
Sebi revamps accredited investors framework; approves common ad code for mkt intermediariesSebi has widened the definition of accredited investors by introducing new asset criteria for individuals and corporates. The board approve...
WhiteOak Capital plans D-Street foray with Rs 1,500 crore IPOWhiteOak Capital is gearing up for an initial public offering projected to raise ₹1,500 crore, potentially reaching a valuation of ₹9,000 c...
NSE becomes 9th most valued company with Rs 4.63 lakh crore m-cap after IPO. Who did it overtake?The National Stock Exchange (NSE) made a rather modest entrance on the Bombay Stock Exchange (BSE), opening at Rs 1,800 against its IPO pri...
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch outSebi's upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed rev...
NSE debut may not set D-St on fire, sparks to come laterNSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around ₹83 per s...
Kotak Alternate Asset Managers closes yield & growth fund at Rs 5,000 crore, raises entire corpus from domestic investorsKotak Alternate Asset Managers has closed its Kotak Yield & Growth Fund at Rs 5,000 crore, raised entirely from domestic investors. The Cat...
Sunil Singhania-led Abakkus Mutual Fund announces launch of its SIF platform FokkusAbakkus Mutual Fund, led by Sunil Singhania, has received SEBI approval to launch its Specialised Investment Fund (SIF) platform under the ...
Mirae Asset AIF settles Sebi case after breaching investment capMirae Asset Venture Opportunity Trust and its managers settled with Sebi for Rs 12.7 lakh. This settlement followed a breach of regulatory ...
Mirae Asset Venture Investments, others pay Rs 12.75 lakh to settle Sebi proceedings over violationsThis follows the entities filing a settlement application proposing to resolve the enforcement proceedings against them through a settlemen...