About 24 fund houses saw a decline in their debt AUMs in the past one year.
Any act by a chartered accountant that brings disrepute to the profession, whether or not in the professional domain, is open to disciplinary scrutiny and action.
'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.'
'The years after the financial crisis of 2008 were tough for brokers as volumes dwindled and retail investors stayed away.'
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
Sebi may allow mutual funds to make use of covered calls as part of their equity strategy.
Steps taken to prevent misuse of the platform have to be balanced with data privacy and security concerns, say experts.
The business would also not be allowed to claim any un-availed input tax credit for "goods lost" or "destroyed".
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
Fund houses have conducted investor camps and awareness programmes in more than 400 cities. Also, the popular 'Mutual fund sahi hai' campaign has helped bring in a lot of new investors into the MF fold from underpenetrated regions.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'