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MUTUAL INDEMNITY
HealthQuad raises Rs 550 crore, eyes Rs 1,700 crore fundHealthQuad has secured Rs 550 crore for its third fund. The venture capital firm aims to raise Rs 1,700 crore to back early-growth companie...
Indian-American executive honoured by UN agency, Bahrain Chamber for global maritime leadershipIndian-American maritime executive Dr. SV Anchan received the ACE Global Bridges 2026 Global Maritime Personality For Performance & Leaders...
Unclaimed shares moved to IEPF, a govt fund? Here's a step-by-step guide on how to get back sharesUnclaimed shares: If you have found that your shares have been transferred to Investor Education and Protection Fund (IEPF) then do not wor...
Greater transparency: No indemnity clause in NPA sale pact between banks and ARCsHigh-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lende...
Taxman can go back only three years to scrutinise any lapses in small casesThe finance minister on Monday said that tax officials can only go three years back in time to scrutinise any lapses in tax payment, a step...
Charges on transfer of property, shares and mutual fund units after death of ownerAccording to experts, no stamp duty has to be paid for the transmission of property and other assets to the legal heir. However, there are ...
Regulators set to sort out vexed inter-creditor pactsMore and more non-banking finance companies, having secured their portion of lending.
Why doctors need special financial planningDoctors need an investment strategy to preserve wealth after crossing the age of 60 instead of taking aggressive investment decisions.
Insurance Queries: Do not hide illnesses while buying health insuranceAll medical history of the proposed insured is expected to be disclosed in the proposal form while buying health insurance.
Learn with ET Mutual Funds: Transmission of mutual fund unitsThe process of transmission of mutual fund units is easy if all the necessary documents are in place.
How transmission of mutual fund units worksIf the first holder passes away , the units can be transmitted to the sec ond holder. In case there is only one holder, the units can be tr...
ET in the classroom: Transmission of mutual fund unitsThe need to transmit mutual fund units arises in case of the death of the unit holder. It is a relatively easy process, if the documents ar...
How can a nominee sell mutual fund investments?The requirements vary with every fund house, but here is a list that would be enough for most individuals.
Things to keep in mind while adding a joint holder for mutual fundsJoint holding can be opted for at the time of investing by adding second or third unit holder details. One may add a joint holder subsequen...
Four steps to secure unclaimed mutual funds paymentsSebi says such funds have to be invested by fund house in shortterm debt instruments. Net asset value of these funds is also calculated.
- Now getting a new power connection just a phone call away
BSES today announced launch of their door-step service (DSS) which would allow a customer to get "status check" and other services.
- Transmission of mutual fund units
Investment in a mutual fund can be made in a single name or in a joint mode with three people. The mode of holding can be anyone/survivor o...
- Cos take cover for cross-border M&As
Companies and funds are buying special insurance covers and adding new conditions in cross-border deals to protect themselves from future t...
- MF agents flout SEBI rule on sub-brokers
Self-styled distributors, lacking basic qualifications to sell mutual fund units are advising investors as to where they should put their h...
- High claims may push up marine insurance rates
Steep rise in claims and turmoil in financial markets are expected to push up marine insurance rates by 20% by the year-end, thus hitting s...