News for 'Asset Management Company'

How To Become A Crorepati: 15x15x15

How To Become A Crorepati: 15x15x15

Rediff.com28 Aug 2024

Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how

Before You Invest ESG Funds, Read This

Before You Invest ESG Funds, Read This

Rediff.com19 Mar 2024

An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.

'Time To Play Tests Not T20s In Markets'

'Time To Play Tests Not T20s In Markets'

Rediff.com4 Feb 2025

'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'

Despite US indictment, Adani still has a few supporters

Despite US indictment, Adani still has a few supporters

Rediff.com28 Nov 2024

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.

Former Satyam management cannot sell assets

Former Satyam management cannot sell assets

Rediff.com22 Jan 2009

The directors who have come under the Company Law Board order are former chairman and founder of Satyam B Ramalinga Raju, erstwhile whole-time directors B Rama Raju and Rammohan Rao Mynampati, former CFO Srinivas Vadlamani and CS G J Jayaraman. They also have to submit details of their bank accounts and movable and immovable properties in India and abroad by February 20 this year.

Look Who's Following Karan Johar's Footsteps!

Look Who's Following Karan Johar's Footsteps!

Rediff.com20 Nov 2024

Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company.

'I assure all shareholders of their fair share'

'I assure all shareholders of their fair share'

Rediff.com2 Nov 2024

'Everything can be resolved, but my husband's legacy is not up for sale.'

New Income Tax Bill: What YOU Must KNOW

New Income Tax Bill: What YOU Must KNOW

Rediff.com1 Feb 2025

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.

Companies cautious about GenAI over data privacy, security

Companies cautious about GenAI over data privacy, security

Rediff.com30 Jan 2024

Organisations are facing growing privacy concerns over the use of generative artificial intelligence (GenAI) while getting attractive returns from investments in privacy, according to Cisco's latest Data Privacy Benchmark Study. The findings highlight the responses from 2,600 privacy and security professionals across 12 geographies, said the annual review of key privacy issues impacting business. "Organisations see GenAI as a fundamentally different technology with novel challenges to consider," said Dev Stahlkopf, Cisco Chief Legal Officer.

What Are Dividend Funds?

What Are Dividend Funds?

Rediff.com12 Sep 2024

'For those seeking regular income, these funds provide a steady stream of income through dividends.'

How to Boost Your Portfolio Resilience

How to Boost Your Portfolio Resilience

Rediff.com1 Apr 2024

Investors must adopt a balanced approach, incorporating both styles in their portfolios.

RBI rejects Muthoot Finance's plan to buy IDBI AMC

RBI rejects Muthoot Finance's plan to buy IDBI AMC

Rediff.com25 Nov 2020

IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC.

Want To Invest In Infrastructure Funds?

Want To Invest In Infrastructure Funds?

Rediff.com1 Jul 2024

'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'

Is Bill Gates A Hero Or Villain?

Is Bill Gates A Hero Or Villain?

Rediff.com5 Oct 2024

There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man

RBI bars Navi Finserv, 3 other NBFCs from extending loans

RBI bars Navi Finserv, 3 other NBFCs from extending loans

Rediff.com18 Oct 2024

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. These four entities are Asirvad Microfinance, Arohan Financial Services (also an MFI), DMI Finance, which provides personal, consumption, and micro, small and medium enterprises loans, and Flipkart co-founder Sachin Bansal's Navi Finserv, which offers home and personal loans. The ban will take effect on October 21 to "facilitate closure of transactions in the pipeline", the regulator said in a statement.

Will Bajaj Finserv MF be able to live up to expectations?

Will Bajaj Finserv MF be able to live up to expectations?

Rediff.com16 Mar 2023

The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players. The list of top 20 fund houses, which manage over 90 per cent of the industry's total assets, continues to be dominated by players who have been in the business for more than a decade. Bajaj Finserv MF may change that, say experts.

Sebi mulls bringing in new expense structure for mutual funds

Sebi mulls bringing in new expense structure for mutual funds

Rediff.com8 Apr 2023

The Securities and Exchange Board of India (Sebi) is discussing with mutual funds (MFs) a proposal on introducing new total expense ratio (TER) slabs linked to the total equity and debt assets by replacing the current ones that are linked to assets of an individual scheme. Senior MF executives confirmed that Sebi had held discussions on this matter with AMCs. Such a change is expected to lead to a lower TER cap for bigger asset management companies (AMCs).

What companies have promised to invest in Gujarat

What companies have promised to invest in Gujarat

Rediff.com10 Jan 2024

Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea

AMC stocks' Q1 after-party may be nearing an end

AMC stocks' Q1 after-party may be nearing an end

Rediff.com11 Aug 2023

Asset Management Companies (AMCs) demonstrated improved business metrics in the first quarter ended June 2023 (Q1FY24), but a sharp run-up in stocks leaves little room for further upside in the immediate term, say analysts. During this quarter, HDFC AMC reported a 10 per cent year-on-year (YoY) rise in revenue from operations at Rs 575 crore. Nippon India's revenue from operations went up 12 per cent to Rs 354 crore.

Want To Invest For Your Child's Future?

Want To Invest For Your Child's Future?

Rediff.com21 Dec 2023

Find out whether the fund is equity, debt, or hybrid oriented. 'Understand the portfolio composition and whether it suits your risk appetite and horizon.'

BNP buys 49.9% in Sundaram arm

BNP buys 49.9% in Sundaram arm

Rediff.com25 Oct 2005

Private consumption is back; to boost economy: RBI Bulletin

Private consumption is back; to boost economy: RBI Bulletin

Rediff.com20 Nov 2024

Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

'Invest 10-15% Of Your Portfolio In Gold'

'Invest 10-15% Of Your Portfolio In Gold'

Rediff.com1 May 2024

Gold is an excellent asset class for diversification and should be included in all long-term portfolios.

'Banks are actively working on several IPOs'

'Banks are actively working on several IPOs'

Rediff.com21 Dec 2023

'The deal pipeline across products is robust for 2024.'

Asset sale process for BSNL, MTNL begins

Asset sale process for BSNL, MTNL begins

Rediff.com16 Jul 2020

Monetising real estate assets is part of the overall relief package that would be used to retire debts, upgrade networks, and offer VRS aimed at reducing the telcos' employee strength by half.

New twist to Hindenberg-Adani drama

New twist to Hindenberg-Adani drama

Rediff.com7 Jul 2024

US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.

Sensex tumbles 724 points; bank stocks drag

Sensex tumbles 724 points; bank stocks drag

Rediff.com8 Feb 2024

Among the Sensex firms, ITC, Kotak Mahindra Bank, ICICI Bank, Nestle, Axis Bank, IndusInd Bank, UltraTech Cement, Bajaj Finance, Maruti and HDFC Bank were the major laggards.

MFs realign overseas offers after Sebi diktat

MFs realign overseas offers after Sebi diktat

Rediff.com8 Feb 2022

Mutual fund (MF) houses have started realigning their overseas product offerings after the Securities and Exchange Board of India (Sebi) advised them to stop subscriptions. PPFAS Asset Management has decided to suspend transactions in Parag Parikh Flexi Cap Fund with effect from February 2, 2022. Though new lump-sum and systematic investment plans (SIPs) will not be accepted, existing SIPs and systematic transfer plans (STPs) will continue.

How To AVOID LOSSES When Markets Crash

How To AVOID LOSSES When Markets Crash

Rediff.com26 Nov 2024

In a falling market, the value of your investment keeps going down. However, the reduction in value is purely a notional loss if you remain invested. When you redeem in a falling market, the notional loss becomes a permanent loss, explains Anamika Pareek.

High-level delegation of US pension funds to visit India next week

High-level delegation of US pension funds to visit India next week

Rediff.com6 Sep 2024

A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Rediff.com2 Oct 2024

Indian companies are generating more cash than ever. The net cash flow from listed firms' operations hit a new high of Rs 11.1 trillion in financial year 2023-24 (FY24), crossing the Rs 10-trillion mark for the first time, according to the Centre for Monitoring Indian Economy (CMIE) data going back to 1990-91. The FY24 figure represents a 19.3 per cent jump over the previous year, even as quite a few companies are yet to release their numbers.

As AIFs rise in popularity, PMS industry feels the heat

As AIFs rise in popularity, PMS industry feels the heat

Rediff.com12 Jul 2023

Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

ED attaches over Rs 150-crore assets of Unitech promoters

ED attaches over Rs 150-crore assets of Unitech promoters

Rediff.com30 Mar 2021

Properties worth over Rs 150 crore of real estate firm Unitech Group have been attached in a money laundering case, the Enforcement Directorate (ED) said on Tuesday. The assets include a dozen of land pieces measuring a total of 48.56 acres in Gurgaon near Delhi.

'Largecaps offer a reasonable margin of safety'

'Largecaps offer a reasonable margin of safety'

Rediff.com29 Feb 2024

'Investors should focus on largecap funds, flexicap funds, business cycle funds, or hybrid-category funds.'

Working capital cycle shortest in 25 yrs at 47.8 days

Working capital cycle shortest in 25 yrs at 47.8 days

Rediff.com11 Sep 2024

A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.