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AMTEK AUTO FIASCO
JP Morgan recovers 85% Amtek dues, gives exit to investorsInvestors in JP Morgan Mutual Fund will now be able to redeem the segregated units of two schemes, which held bonds of Amtek Auto, on a dai...
08 Dec, 2015, 03.11 AM IST
Association of Mutual Funds appoints consultants to review management guidelinesThe Association of Mutual Funds in India has appointed a consultant to review the more-than-a-decade old risk management guidelines, and is...
09 Nov, 2015, 06.03 AM IST
EPFO warns exempted provident funds, asks them to pay for wrong investment decisions"One needs to be extra cautious when dealing with retirement funds, as they are for long term investments and not trading," said Ajay Mangl...
13 Oct, 2015, 02.40 AM IST
Mutual funds' 'river crossing' may soon become a thing of the pastMutual funds’ financial manoeuvring may soon become a thing of the past as the market regulator has started looking into daily trade data.
08 Oct, 2015, 07.58 PM IST
Crisil pitches for avoiding sharp rating actionsIn the wake of troubles surrounding Amtek Auto, domestic rating agency Crisil has said it did not have a rating on the troubled auto parts ...
06 Oct, 2015, 11.05 PM IST
Franklin Templeton’s debt assets dip 23% in September on Amtek fiascoThe fund’s liquid schemes have seen redemptions worth almost Rs 9,800 crore in September, while outflow from credit funds was approximately...
03 Oct, 2015, 04.00 AM IST
Sebi chief UK Sinha Tells mutual funds to manage debt schemes betterA month after the Amtek Auto fiasco, the Securities and Exchange Board of India (Sebi) chief UK Sinha did some straight talk with top mutua...
01 Oct, 2015, 05.29 AM IST
Sensex flat, Nifty below 7,850; Elder Pharma gains 16%, Lupin 4%“The broader market view continues to be negative with the recent high of 8,055 on Nifty seems to be the immediate top."
24 Sep, 2015, 03.14 PM IST
Fifteen stocks in focus on Thusday morning tradeWall Street lost ground mainly because of economic reports portraying US factory growth as tepid and China in its worst manufacturing contr...
24 Sep, 2015, 09.06 AM IST