SAT gives partial relief to Kotak AMC in Sebi case on fixed maturity plan payoutsThe Securities Appellate Tribunal granted partial relief to Kotak Mahindra AMC in the fixed maturity plan case by setting aside Sebi’s fee ...
06 Mar, 2026, 08.32 PM IST
HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure“The Scheme enables investors to donate part of the income generated to the Indian Cancer Society to support the treatment of underprivileg...
24 Jul, 2023, 03.09 PM IST
Taxmen come calling on PE fund managers. Those working out of India have received notices from the investigation wingMost PE fund managers working out of India have received notices from the investigation wing of the income tax department seeking details o...
03 Sep, 2022, 08.04 PM IST
Competition Commission probes debt trustee units of SBI, Axis, IDBI on suspected fee cartelThe three under investigation - SBICAP Trustee Company, Axis Trustee and IDBI Trusteeship - are among the leaders in the business in India ...
06 Apr, 2022, 03.07 PM IST
Lenders force small and medium-sized micro-financiers to park fixed deposits with themThe government in June announced a new credit guarantee scheme covering 75% of bank loans to MFI in case of defaults. The National Credit G...
31 Aug, 2021, 11.56 PM IST
Approval of unit holders was necessary for winding up of Franklin schemes: Supreme CourtThe Supreme Court on Wednesday ruled that approval of unit holders was required for winding up of mutual fund schemes in the Franklin Templ...
14 Jul, 2021, 11.05 PM IST
Tax sword hangs over PE, VC funds after tribunal rulingA week ago, the Customs, Excise & Service Tax Appellate Tribunal, Bengaluru, has ruled that the ‘carried interest’ — or ‘carry’ in trade pa...
10 Jul, 2021, 08.03 AM IST
Cerestra Advisors forays into school management and operation businessThe fund recently entered into a joint venture agreement to invest and run two schools from builder Kolte-Patil even as the fund has alread...
14 Dec, 2020, 05.22 PM IST
We aim to have a clear, transparent liquidation process: Sanjay Sapre, President, Franklin Templeton IndiaThe e-voting to finalise the liquidation process of six wound-up schemes of Franklin Mutual fund will take place in a week. The remote e-vo...
01 Jun, 2020, 09.43 AM IST
Teesta Setalvad booked for securing central aid fraudulently for her NGOAccording to the complainant, Setalvad's NGO, which was given the grant for educational purposes, also distributed printed materials that c...
01 Apr, 2018, 10.01 PM IST
Know the various charges of the National Pension SystemCompared to other investments, charges in NPS are low, still do not merely compare investment products on their costs but see whether it su...
25 Nov, 2017, 10.35 AM IST
- EPFO fails to manage workers retirement savings, generate reasonable returns
Rturn from NPS was around 11.88% over the last two years against 8.8% on the EPFO. So, workers should have the choice to migrate.
24 Mar, 2012, 04.43 AM IST
- EPFO names SBI, 3 others to run 3.5-lakh-cr fund
SBI, I-Sec PD, R-Cap and HSBC Asset Management Co have been appointed fund managers for EPFO's more than 3-lakh- cr corpus for next 3 years.
15 Jul, 2011, 03.16 AM IST
- Onus on AMC trustees to enforce MF code
It is high time mutual fund distributors are regulated. And AMC trustees are the first level regulators of the industry at the fund level, ...
04 Oct, 2008, 03.39 AM IST
- Fund houses may soon get to sell insurance cover
The mutual fund industry may soon be on a level-playing field with the insurance business. Stocks 52 Week: High, Low | Gainers & Losers: BS...
21 Aug, 2008, 05.31 AM IST
- FMP regime to undergo radical change soon
A fund house can launch a fixed maturity plan within six months of getting permission from the market watchdog.
08 Apr, 2008, 04.00 AM IST
- Assets under costly (mis)management?
Sometime in 2005, policy managers had set out to fix few problems which were festering in the local fund management business.
09 May, 2007, 03.34 AM IST