Ashley Coutinho And Shrimi Choudhary

Stories by Ashley Coutinho And Shrimi Choudhary

Ministries face cash crunch as winter session scrapped

Ministries face cash crunch as winter session scrapped

Rediff.com   28 Dec 2020

The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.

Sebi's new rules for executing trades may open Pandora's box for MFs

Sebi's new rules for executing trades may open Pandora's box for MFs

Rediff.com   23 Dec 2020

Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.

Centre may not get costly Pfizer vaccine

Centre may not get costly Pfizer vaccine

Rediff.com   22 Dec 2020

At $37 per dose, the Pfizer vaccine is much more expensive compared to $3 per dose for the Covishield.

Sebi mulls separate department to check misuse of IPO funds

Sebi mulls separate department to check misuse of IPO funds

Rediff.com   18 Dec 2020

The new wing will be known as the corporate finance investigation department, which will be headed by one of Sebi's executive directors. This department will have information technology solutions experts, particularly to detect the menace of frauds.

MFs storm market with 47 new funds in 2020

MFs storm market with 47 new funds in 2020

Rediff.com   14 Dec 2020

While the amount collected is a tad lower than last two years, it may surpass the previous two years' collections by the end of the year.

Regulatory burden on 8 sectors to be eased soon

Regulatory burden on 8 sectors to be eased soon

Rediff.com   12 Dec 2020

In the first phase, most of the outdated regulations in the state and central Acts will be removed. Further, compliances with regard to annual inspections, licence renewal, and storage of multiple data will be eased.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com   10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

MFs set to turn net sellers of equities after 6 years of buying

MFs set to turn net sellers of equities after 6 years of buying

Rediff.com   9 Dec 2020

In the past few years, MFs have emerged as significant institutional buyers, often offsetting the selling by FPIs.

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Rediff.com   8 Dec 2020

In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.

ED challenges clean chit to Kochhars and Dhoot

ED challenges clean chit to Kochhars and Dhoot

Rediff.com   1 Dec 2020

The ED is of the opinion that the authority stepped into the shoes of the trial court and commented on the preliminary investigation done by the CBI in the impugned order.

Explained: Why volumes in F&O segment may shrink in coming months

Explained: Why volumes in F&O segment may shrink in coming months

Rediff.com   1 Dec 2020

So far, brokers only reported margins at the end of the day, which is why they were able to give additional leverage even if the client didn't have minimum margins.

Indian equities seen lagging other EM peers in the next few months

Indian equities seen lagging other EM peers in the next few months

Rediff.com   26 Nov 2020

UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations.

Special forum likely for foreign investors to ease contract woes

Special forum likely for foreign investors to ease contract woes

Rediff.com   25 Nov 2020

The plan is to establish a consultative panel and appoint mediators to address various domestic issues, both at the central government and state levels.

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Stimulus 4.0 might come before Diwali, focus on jobs and stressed sectors

Rediff.com   12 Nov 2020

Unlike the first two stimulus packages, this time the focus would be on boosting demand.

EPFO may now get to invest in cash-starved infra sector

EPFO may now get to invest in cash-starved infra sector

Rediff.com   10 Nov 2020

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.

Should you invest in index funds, ETFs?

Should you invest in index funds, ETFs?

Rediff.com   10 Nov 2020

Do a proper asset allocation and invest through systematic investment plans where one can benefit.

No cess on Covid-19 vaccination; but rich may be charged

No cess on Covid-19 vaccination; but rich may be charged

Rediff.com   5 Nov 2020

There was speculation that a one-time special Covid-19 cess would be imposed and that it would raise an estimated Rs 18,000 crore.

MFs, alternative investment funds may come under ambit of new tax norms

MFs, alternative investment funds may come under ambit of new tax norms

Rediff.com   28 Oct 2020

The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods sold exceeds Rs 50 lakh in a financial year.

Attorney General not in favour of appealing against Voda arbitration award

Attorney General not in favour of appealing against Voda arbitration award

Rediff.com   22 Oct 2020

AG is of the view that there is no point in dragging the matter further when it has already been "struck down" by one international forum, and also by the top Indian court.

Modi to meet 15 global funds as India seeks investment to lift economy

Modi to meet 15 global funds as India seeks investment to lift economy

Rediff.com   22 Oct 2020

The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.