The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Aditya Puri has a higher yearly pay of 9.7 crore, plus stock options, at HDFC Bank.
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
Five key capital market announcements from the previous Budget.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Asia to stay flat in 2017. India is better-placed given its low export dependence and it should outperform Asian peers this year says Mixo Das, India strategist for financial major Nomura
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Aaron Low, principal, Lumen Advisors says in 2017 developed nations will outdo emerging ones.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Industry body Amfi to hold meeting to decide on road map.
CBDT circular issued last month had raised multiple taxation concerns.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Deutsche Bank expects the Sensex to climb only 8% in 2017 to 29,000, and expects high volatility.
Experts say investors should stay patient and stay invested in mutual funds.
At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
The value of the ace investor's personal holdings rose by just 2%.