The ministry of corporate affairs (earlier company affairs) is amending the stringent IDR (Indian depository receipts) regulations to make it easier for foreign companies to list here.
Mutual funds are set to bag a huge chunk of the nearly Rs 3,05,000 crore cash reserves of the public sector companies.
India Inc created a new record by mobilising Rs 24,993 crore (Rs 249.93 billion) in FY06-07, which is higher by as much as 5 per cent compared with the previous year's Rs 23,676 crore (Rs 236.76 billion).
As much as Rs 3,204 crore (Rs 32.04 billion) of bank deposits by mutual funds will move out of the banking system from mid-July following a new rule
The investors who put their money directly in index-specific stocks scored over those who invested in mutual funds in April, as most fund houses gave returns of 5-6 per cent while the benchmark BSE Sensex rose by about 12 per cent in the month.
Investing in IPOs is not an easy task, especially when we see a lot of them list lower than the issue price
2006-07 saw mixed returns for mutual funds. Compared with the previous financial year, the returns have declined, mainly due to a fall in the stock prices. The net asset value of most equity funds fell nearly 10 per cent since January 2007.
Mutual fund houses are all set to expand the Know Your Client norm umbrella by introducing newer requirements like asking their high net worth investors to provide details of their big investments made in the past.
Share prices of some recent listings, including the scam-tainted Atlanta Ltd and Nissan Copper, have been falling over the last couple of sessions on fears of further action from the Securities and Exchange Board of India (Sebi).
Small- and medium-sized realty firms are scouting for private equity funds to finance forthcoming projects as bank funds have dried up following concerns over high credit growth to the sector.
ELSS have a long and proven track record, which is missing in ULIPs
The Mutual Fund Identification Number (MIN), mandatory for investments above Rs 50,000 in mutual funds, is likely to stay, even though the month-old confusion over it continues.
Foreign institutional investors, who have about $50 billion exposure in the country's equities, may be concerned over excess valuation of stock prices in general.
The Association of Mutual Funds in India and CDSL Ventures are working on a finance ministry proposal to make use of the permanent account number
Mutual Fund Identity Number throws up more questions than answers.
Barely two weeks after the Reserve Bank of India permitted 49 per cent foreign stake in stock exchanges
The mutual fund industry saw an average growth of 63 per cent in assets under management in 2006
The proposed initial public offering of Gammon Infrastructure Projects is unlikely to face any regulatory hurdle following the recent Securities and Exchange Board of India's order.
The mutual fund industry in India is seeing unprecedented attrition among key personnel.
The Sensex, which saw a sharp fall of nearly 800 points on the first two days of the week, rebounded with a 180-point gain on Wednesday, while the index continued its northward run the next day too, surging by 300 points.
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