Retail investors seem to have dipped into their mutual fund savings to meet pre-festival spending. According to data released by the Association of Mutual Funds in India (Amfi), investors pulled out Rs 6,578 crore from their systematic investment plan (SIP) accounts in September, the highest in the last 11 months. The redemptions were on the higher side during the previous festive season as well.
Coffee Day Enterprises Ltd has reported a total default of Rs 465.66 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and Unlisted Debt Securities as NCDs and NCRPS, for the quarter ended September 30, 2022. Coffee Day Enterprises Ltd (CDEL) which is paring its debts through asset resolution, has a total debt of Rs 490.66 crore, including short-term and long-term debt. "The delay in debt servicing is due to liquidity crisis," said Coffee Day Enterprises Ltd (CDEL) in a regulatory update.
IMAGES from the Premier League matches played on Saturday
The Securities Appellate Tribunal has stayed a Sebi order that barred Franklin Templeton's Asia Pacific head Vivek Kudva and his wife Roopa from the securities market for one year.
Force India owner Vijay Mallya looks back on the Monaco Grand Prix, which saw his team's hopes of picking its first points shattered when Adrian Sutil was bumped out by Kimi Raikkonen.
We have Shubman Gill at one end ready to carry on the mantle but what about his partner?
UCO Bank mulls AT1 offering to raise Rs 1,000 cr.
There is widening gap between what the government's premier retirement fund makes on its investments and what it offers to employees. The Employees' Provident Fund Organisation (EPFO) makes the bulk of its investments in government-related securities. In other words, it lends to central and state governments and related entities. The interest it gets from these instruments is largely what it uses to pay interest to its subscribers.
This Web series is more about wine, opium, sex, more sex, gay love and incest, rues Syed Firdaus Ashraf.
Although all ticket sales took place online, fans were required to pick their physical tickets from the stadium.
The Delhi high court has directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to media baron Kalanidhi Maran and his Kal Airways towards interest on an arbitral award of Rs 578 crore. The high court said, admittedly, there is no modification of the February 13, 2023 order passed by the Supreme Court in the case, and hence it needs to be followed. "Since the judgment debtor (SpiceJet) had failed to pay an amount of Rs 75 crores to decree holder (Maran and Kal Airways), hence in terms of para 15 (ii) of the order dated February 13, 2023 of the Supreme Court, there is no other alternative except to call upon the judgment debtors to deposit the entire outstanding amount qua interest forthwith, thus is so directed.
Sporting fraternity hails Kohli's epic knock in win against Pakistan as one of a kind
With the six-match series tantalisingly poised at 2-2, another nail-biting contest between India and Pakistan is expected in the fifth ODI in Kanpur.
Kartik Aaryan is never exceptional, observes Sukanya Verma.
Arsenal struck two late goals to escape with a point in a pulsating 3-3 home draw with bottom club Southampton but their Premier League title hopes suffered another setback on a Friday night of frazzled nerves in north London.
Senior India batter Cheteshwar Pujara redeemed himself with an unbeaten double hundred in the second innings as Sussex snatched a draw against Derbyshire at the 2022 County Championship in Derby on Sunday.
As we enjoy his thrilling The Night Manager series, Deepa Gahlot looks at 10 Anil Kapoor films on OTT that shows off his versatility and star power.
What works for Trial By Fire is Rajshri Deshpande's and Abhay Deol's portrayal of the distraught parents who struggled and toiled for justice for over two decades, observes Utkarsh Mishra.
Borussia Dortmund defender Mats Hummels could have been facing a dressing down from coach Juergen Klopp but ended up the hero with the equaliser in Wednesday's 2-2 Champions League last-16 first-leg match.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Capital markets regulator Sebi has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules. At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI). The units of mutual funds are specifically excluded from the definition of securities under the rules.
IMAGES from the IPL 2023 match between Punjab Kings and Delhi Capitals played in Dharamsala on Wednesday
IMAGES from the English Premier League matches played on Saturday.
Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.
Half Pants Full Pants will instantly warm your heart, Divya Nair tells us.
A howler by Manchester United goalkeeper David De Gea gifted West Ham United three vital points in their battle against relegation as the hosts secured a 1-0 Premier League win.
Net investments in active equity mutual fund (MF) schemes rose to Rs 7,300 crore in December after declining to a 21-month low of Rs 2,260 crore in November, shows the latest data from the Association of Mutual Funds in India (Amfi). The rebound in net inflows was driven by a surge in investments and moderation in redemptions. While the inflows into these schemes rose 5 per cent month-on-month (MoM) in December, the redemptions were 14 per cent lower compared to November.
The win against Chennaiyin FC also meant FC Goa are the only team this season to take home all the six points on offer from the first two matches. As a result, the club are currently at the top of the standings as well.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
FC Goa were off to a flyer as Guarrotxena scored after just two minutes. Brandon Fernandes played a short corner to Edu Bedia on the right flank. The Spaniard whipped a cross in as the ball missed a cheeky flick from Redeem Tlang before finding Guarrotxena, whose decisive tap-in put the Gaurs ahead.
The Insurance Regulatory Development Authority of India (Irdai), the regulator for insurance companies, is set to allow the insurers to offer wellness programmes along with life insurance policies that can earn reward points for the policyholders. These reward points can be redeemed for getting a discount during renewal. The insurance regulator has circulated draft guidelines to insurance companies for feedback before issuing the final guidelines, as is the norm.
The first inclination we had that Queen Elizabeth II had passed into the ages was a glimpse of the Union Jack flying at half mast over Buckingham Palace during the BBC's sterling non-stop coverage after her doctors stated their concerns on the British monarch's health on Thursday.
The central challenge of Maoist insurgency is posed by the lack of political space for disgruntled tribals, writes Nitin Desai.
Amit Panghal will be eager to exorcise the ghosts of disappointing Tokyo Games
'Today, in India, if we do good to others, people feel s/he has some motive.' 'Politics has corrupted our minds.'
India should continue with its cautious approach toward Washington as the coming year will find Obama being even more obsessed with his domestic agenda than he has been so far, writes Harsh V Pant.
Apart from all the fun and games, a lot unfolded on the episode and some really interesting revelations were made!
Most portfolios are a mixture of stocks, bonds and cash equivalents. Usually, stock funds or equity funds are growth oriented, cash funds serve the liquidity purposes, and bonds yield income. As an investor it is wise to be in touch with your fund manager from time to time to relook at your asset allocation, which is an ongoing process.
While Nimrat Kaur Ahluwalia retains her captaincy, Gori Nagori wins the entertainment task.