Ashley Coutinho &Amp; Sachin P Mampatta

Stories by Ashley Coutinho &Amp; Sachin P Mampatta

FPIs get relief as dividend tax kept at par with treaty rates

FPIs get relief as dividend tax kept at par with treaty rates

Rediff.com   2 Feb 2021

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'

1 million new investors entering the market on a monthly basis

1 million new investors entering the market on a monthly basis

Rediff.com   29 Jan 2021

Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.

5 factors that may help markets scale new highs

5 factors that may help markets scale new highs

Rediff.com   29 Jan 2021

Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.

'Equity market is in the midst of a bull market'

'Equity market is in the midst of a bull market'

Rediff.com   27 Jan 2021

'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

Rediff.com   23 Jan 2021

Companies are looking to combine risk management with strategy.

Budget 2021: Dividend anomaly for FPIs may be corrected

Budget 2021: Dividend anomaly for FPIs may be corrected

Rediff.com   22 Jan 2021

Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195.

Equity schemes see Rs 330 billion outflow

Equity schemes see Rs 330 billion outflow

Rediff.com   19 Jan 2021

Outflows are likely to continue, experts say, till such time as the markets see a significant correction.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com   15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

FPI registrations cross 10K for first time

FPI registrations cross 10K for first time

Rediff.com   13 Jan 2021

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs.

Stocks: Bulls ran wild in COVID-19

Stocks: Bulls ran wild in COVID-19

Rediff.com   11 Jan 2021

Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.

Gulf between China and India market caps widens

Gulf between China and India market caps widens

Rediff.com   11 Jan 2021

The country's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 -- 2.4 per cent of the global m-cap.. Ashley Coutinho reports.

As Covid cases start declining, more people are returning to workplaces

As Covid cases start declining, more people are returning to workplaces

Rediff.com   8 Jan 2021

More people seemed to be returning to their workplaces towards the end of the year, even as railway and electricity numbers disappointed. Most other indicators held on to their gains.

Sebi suggests easing of ownership norms for exchanges, depositories

Sebi suggests easing of ownership norms for exchanges, depositories

Rediff.com   7 Jan 2021

According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution.

Pandemic deals major blow to capex, spending down 88%

Pandemic deals major blow to capex, spending down 88%

Rediff.com   5 Jan 2021

While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE), reports Sachin P Mampatta.

Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020

Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020

Rediff.com   5 Jan 2021

The unlocking of the economy since June led to a significant recovery in various macro, micro and high-frequency data points, resulting in the equity markets surpassing their previous lifetime highs.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com   5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

How Nifty50's composition has changed in 10 years

How Nifty50's composition has changed in 10 years

Rediff.com   5 Jan 2021

The new entrants comprise Asian Paints, Britannia, Titan, Nestl, Bajaj Finance and Bajaj Finserv.

Small firms struggled to raise capital in 2020

Small firms struggled to raise capital in 2020

Rediff.com   5 Jan 2021

'SMEs got infected by Covid.'

Why 60% of large-cap schemes underperformed the Nifty100 index in CY20

Why 60% of large-cap schemes underperformed the Nifty100 index in CY20

Rediff.com   4 Jan 2021

Polarisation and the increase in index weight of a few a stocks have weighed on performance. The worst performers include Nippon India Large Cap and HDFC Top 100 (2.6 per cent).

PE/VC investments into India from China, Hong Kong fall 72% in CY20

PE/VC investments into India from China, Hong Kong fall 72% in CY20

Rediff.com   30 Dec 2020

The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.