One fear among regulators is that allowing side pocketing could lead to fund managers taking higher risks. Even in the US, side pocketing is not allowed in mutual funds, only in hedge funds
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
The new system is expected to give emphasis on various in-built credit enhancement structures.
Use fixed maturity plans to tide interest rate volatility if you're okay with lock-in because longer duration. FMPs can give up to annualised 7.7 per cent returns.
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.
Keep a close eye on credit quality, financials of NBFCs before investing. These instruments should not constitute more than 15 to 20 per cent of your debt portfolio.
Tech companies typically do lots of business overseas and book profits in low-tax jurisdictions.
In essence, follow the private-equity approach to personal investing and treat each investment decision as if it is a matter of life-or-death, because it is, suggests Avinash Luthria.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
Beat Sergie Bubka by 115 votes to 92 in a ballot of the governing body's 50th Congress
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
Legendary athlete P T Usha on Thursday criticised the Athletics Federation of India for blocking her protege Tintu Luka's participation in the Asian Grand Prix series in May, saying it has robbed the youngster of international exposure.
The Athletics Federation of India (AFI) has pulled out dope-flunked shot putter P Udaya Laxmi from the home squad for the ongoing Asian Championships in Pune after testing positive for a banned substance.
Issuers are currently not comfortable with the bids they have been getting for their bond offerings.
Big cities are the breeding grounds for romance this year.
'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
Chinese stock markets have slumped 30 per cent since mid-June.
The private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.
Tell us, dear readers and fellow AAA fanatics, what is that one thing about this beloved laugh raiser that you love the MOST?
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
The World War I had been triggered by an assassination in then relatively unknown Serbia.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
Lock into these long-term bonds for higher interest rates and capital appreciation
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
To attract capital into infrastructure projects, the ratings system needs a fresh look.
Mr Prabhu has set the railways on a course of investing big .
The category average return of mid-and-small-cap funds is 95 per cent.
Rates on tax-free bonds are linked to government securities.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Do you have an international driver's license?
A summary of sports events and persons who made news on Saturday