Ashley Coutinho And Shrimi Choudhary

Stories by Ashley Coutinho And Shrimi Choudhary

Top FPIs' assets more than double in 5 years

Top FPIs' assets more than double in 5 years

Rediff.com   8 Mar 2019

While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.

Can SBI Mutual Fund be the top AMC?

Can SBI Mutual Fund be the top AMC?

Rediff.com   6 Mar 2019

In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.

Fixed-maturity plans to take a hit

Fixed-maturity plans to take a hit

Rediff.com   5 Mar 2019

'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'

Sebi toughens norms for managing liquid MFs

Sebi toughens norms for managing liquid MFs

Rediff.com   3 Mar 2019

To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.

Taxmen urged to boost collection 'without fear or favour'

Taxmen urged to boost collection 'without fear or favour'

Rediff.com   28 Feb 2019

The apex body also wants to bring in systemic reforms, especially to redress grievances of the small taxpayers such as - increased automation of the processes, e-filing, centralised processing of the tax returns and other bulk operations.

A two-year saga nearing closure at Infosys

A two-year saga nearing closure at Infosys

Rediff.com   19 Feb 2019

The matter pertains to the Rs 173.8 million severance offer given to former CFO Rajiv Bansal in October 2015 when he was allegedly forced to step down due to differences with then chief executive Vishal Sikka over the acquisition of Israeli technology firm Panaya for $200 million.

Experts doubt the feasibility of govt's new tax scrutiny plan

Experts doubt the feasibility of govt's new tax scrutiny plan

Rediff.com   11 Feb 2019

E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.

ED seizures to stay valid for one year

ED seizures to stay valid for one year

Rediff.com   6 Feb 2019

Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.

New deal with Subhash Chandra gives lenders more control over Zee

New deal with Subhash Chandra gives lenders more control over Zee

Rediff.com   5 Feb 2019

Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.

What EC is doing to curb illegal cash flow in LS polls

What EC is doing to curb illegal cash flow in LS polls

Rediff.com   5 Feb 2019

The EC has asked all departments to deploy round-the-clock flying squads, quick-response teams, and high-tech machinery to check money inflow. They are also to examine vehicles passing though check-posts, reports Shrimi Choudhary.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com   24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Top 15 fund houses lead equity asset growth

Top 15 fund houses lead equity asset growth

Rediff.com   11 Jan 2019

MFs have benefited from a shift to financial assets from physical assets like real estate and gold.

IL&FS crisis shrinks MF debt assets

IL&FS crisis shrinks MF debt assets

Rediff.com   10 Jan 2019

About 24 fund houses saw a decline in their debt AUMs in the past one year.

Srikrishna panel seeks replies from Chanda Kochhar

Srikrishna panel seeks replies from Chanda Kochhar

Rediff.com   31 Dec 2018

The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.

Black Money Act: I-T initiates action in 13 new cases

Black Money Act: I-T initiates action in 13 new cases

Rediff.com   11 Dec 2018

Undisclosed foreign assets and funds worth Rs 350 crore detected; these are separate entities from those featured in Panama Leaks and Paradise Papers

Why Axis Bank is under I-T scanner

Why Axis Bank is under I-T scanner

Rediff.com   10 Dec 2018

Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts

'Stock markets' reaction to poll outcomes is similar'

'Stock markets' reaction to poll outcomes is similar'

Rediff.com   4 Dec 2018

'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.'

Why have 3,400 brokers shut shop?

Why have 3,400 brokers shut shop?

Rediff.com   27 Nov 2018

'The years after the financial crisis of 2008 were tough for brokers as volumes dwindled and retail investors stayed away.'

Why FPIs and MFs are dumping mid- and small-cap stocks

Why FPIs and MFs are dumping mid- and small-cap stocks

Rediff.com   13 Nov 2018

There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.

Investors warned against dealing with foreign trading portals

Investors warned against dealing with foreign trading portals

Rediff.com   31 Oct 2018

The inherent complexity of the products offered by such firms, web portals, and platforms may not suit the risk profile of investors and their excessive leverage can result in significant losses to investors