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MUTUAL PAYMENT SETTLEMENT
Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
Obama casts a long shadow as a hefty Iran bill lands on Trump’s deskIran seeks billions in frozen assets for a deal with the US. Trump previously criticized his predecessor, Barack Obama, for similar financi...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Buying vs renting a home: ₹1 crore home today or ₹6 crore corpus after 20 years - how the strategy of renting and investing may beat buying a house in IndiaBuying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between...
Beyond Bitcoin: Why tokenized assets are gaining serious investor attentionIndian investors can now access global markets easily. Tokenization converts real-world assets into digital tokens. This allows fractional ...
In fresh trouble, B9 Beverages gets legal notice from HNGILCraft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...
Liberty Mutual customers may claim up to $25,000 in class action settlement — check if you qualifySome customers of Liberty Mutual may be able to get money from a new class action settlement. The case is linked to auto insurance policies...
SCO Chief pushes for national currency trade, no common payment system yetShanghai Cooperation Organization (SCO) Secretary-General Nurlan Yermekbayev ruled out immediate plans for a common payment system but emph...
Equity mutual fund to shift to T+2 settlement cycle from Feb 1From Friday, Indian equity markets moved to a T+1 settlement cycle for all stocks, shortening the settlement cycle by a day and making the ...
Mutual fund investors miss bull rally because of technical glitchNPCI upgraded its automated payment system on January 31 but problems with implementation resulted in investors not receiving the units the...
NPCI Glitch: Mutual fund investors miss Sensex, Nifty bull rallyDue to an NPCI glitch, mutual fund investors failed to receive units they purchased on time, even as Sebi’s new mutual fund rules exacerbat...
Taurus Asset Managment Co settles case with Sebi; pays Rs 1.95 crore as settlement chargesThe matter pertained to exposure of Taurus's four schemes to the debt securities of Ballarpur Industries Ltd (BILT), which had defaulted on...
HDFC AMC, HDFC Trustee Company settle case with Sebi; pay Rs 3.78 croreHDFC AMC and HDFC Trustee Company Tuesday settled a case with securities market regulator Sebi .
Union KBC AMC, CEO settle case with Sebi on payment of over Rs 50 lakhThe settlement allows entities to settle charges by paying a penalty without admission or denial of guilt.
Union KBC AMC, CEO settle case with Sebi on payment of over Rs 50 lakhSebi agreed to settle proposed adjudication proceedings in the case.
JP Morgan MF settles Amtek Auto case with SebiJPMorgan Asset Management settled proceedings with regulator Sebi in connection with alleged violation of mutual funds norms in the Amtek A...
- Cos need to retune for MFs on T+1
Corporate treasurers will have to rethink their strategy while investing in liquid schemes of domestic mutual funds, once mutual funds move...