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CUSTODIAN OF PUBLIC MONEY
Cockroach Janta Party surpasses BJP on Instagram, has over 10 million followers: Who is CJP's founder Abhijeet Dipke and how is he linked to Arvind Kejriwal's AAP?A satire website, Cockroach Janta Party (CJP), has rapidly gained over 10 million Instagram followers, surpassing India's ruling BJP. Found...
Cockroach Janta Party: Who is the founder, website link, manifesto, and why it’s going viralCockroach Janata Party Website: A new online political group, the Cockroach Janta Party, is trending across Indian social media. It began a...
Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
ET Startup Awards | Funding winter is only in mind, cash exists for good ventures: Piyush GoyalThe minister urged industry to promote India-made goods and inform customers of the country of origin as they should be given a choice to b...
Custodians pitch ownership factor for FPI disclosuresAccording to the recommendations of a consultation paper, which are soon expected to be transformed into regulations by the Securities and ...
Disclosure norms: FPIs may get 3 months to cut exposureAccording to Sebi's new regulations, FPIs - other than sovereign funds, pension funds and public retail funds - having more than 50% of the...
FPIs shy of naming senior officers of parent entitiesOne of the significant disclosures is identifying 'beneficial owners,' which are typically large investors in the fund. However, if none of...
Deutsche ready to be NPS custodian for just Rs 100/yearIn an ultra-aggressive bid, Deutsche Bank is willing to accept a fee of just ₹100 a year for being the custodian of India's pension fund wh...
Deutsche Bank ready to be NPS custodian for just Rs 100 per yearThe existing custodian, Stock Holding Corporation of India, a large depository participant owned by public financial institutions, charges ...
Sebi unlikely to drop T+1 plan despite FPI pressureSebi issued a circular on Tuesday allowing stock exchanges to offer select scrips under shortened T+1 settlement from January 1 next year.
Easier KYC for foreign funds investing in Indian firmsDepository receipts, such as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), are instruments denominated in fore...
Over 150 overseas investors lose FPI licenceThis is the first time since 2014 there is a net fall in the total number of registered FPIs.
Sebi meet on NRI funds puts focus on MauritiusAfter imposing new curbs on offshore funds where NRIs are either large investors or act as managers, Sebi has verbally asked custodians to ...
Demonetisation bold, decisive step; to boost economy: Arun JaitleyFinance minister Arun Jaitley said,"Demonetisation was a bold and decisive strike in a series of measures to arrive at a new normal of bigg...
The Harshad Mehta case: Where time has overtaken justice by a mileMehta had two – three store rooms filled with share certificates and related documents, affirms a lawyer who knew him before the scam was u...
A timeline of the new norms that are to be announced soon by RBIA draft circular on large borrowers meeting a part of their funding requirements from markets will be issued for public comments in June 20...
Allahabad High Court gives six weeks time to Uttar Pradesh government on PIL against MayawatiPetitioner's counsel H S Jain said that it has been submitted that from the material on record and reports of Lokayukt and CAG.
- Blame game on after ONGC stake auction debacle
The government, red-faced after LIC had to bail it out in a marque public offering like ONGC, is pointing fingers at the bankers in the iss...
- Harshad Mehta scam: Rs 2k cr windfall for I-T dept
The income tax department is in for a Rs 2,000 crore windfall from the custodian, which is working to recover the money lost during the sec...
- Harshad Mehta's last assets go under the hammer
Ironically, it’s happening at a time when the market is scaling a new high. One of the last assets of Harshad Mehta, comprising deposits of...