News for 'Asset Management Company'

India a safe haven for investors, says Mark Mobius

India a safe haven for investors, says Mark Mobius

Rediff.com2 Nov 2023

Amid current geopolitical challenges and a slowdown in global growth, veteran emerging market investor Mark Mobius called India a safe haven for investors, backed by a stable government. The renowned investor, who is excited about the opportunities available in India, said the country is now the second largest in the portfolio of Mobius Capital Partners after Taiwan. Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.

'I Hope We Don't Get A Bubble Too Soon'

'I Hope We Don't Get A Bubble Too Soon'

Rediff.com21 Jun 2024

'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'

Gold funds: Not so glittery

Gold funds: Not so glittery

Rediff.com29 Mar 2010

Gold fund of funds may not offer more than Exchange Traded ones

Fund house gains: Rel pips HDFC MF

Fund house gains: Rel pips HDFC MF

Rediff.com4 Oct 2011

For the financial year 2011, profit after tax of Reliance MF stood at Rs 261 crore (Rs 2.61 billion), while that of HDFC MF was Rs 242 crore (Rs 2.42 billion).

Why Young Investors Love Smallcases

Why Young Investors Love Smallcases

Rediff.com27 Sep 2021

Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.

'Steel prices have already bottomed out'

'Steel prices have already bottomed out'

Rediff.com4 Aug 2023

'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'

Hotel Leela Venture to sell properties to Brookfield for Rs 3,950 cr

Hotel Leela Venture to sell properties to Brookfield for Rs 3,950 cr

Rediff.com18 Mar 2019

The promoters who own the Leela brand will also be transferring the label to Brookfield for all hospitality businesses.

How Co-living Is Helping Young Millennials

How Co-living Is Helping Young Millennials

Rediff.com20 Mar 2024

'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Cairn to target assets of state-owned firms to recover dues worth $1.2 billion

Rediff.com27 Jun 2021

After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.

Birla Sun may buy Alliance

Birla Sun may buy Alliance

Rediff.com24 Sep 2004

Want to Invest in Dynamic Bond Funds?

Want to Invest in Dynamic Bond Funds?

Rediff.com4 Aug 2021

Before you invest, check the fund manager's track record in managing such a strategy, asserts Sarbajeet K Sen.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Reserve Bank cancels Sahara's NBFC licence

Reserve Bank cancels Sahara's NBFC licence

Rediff.com15 Sep 2015

The NBFC was registered on December 1998, with an office in Lucknow.

Fundmen trading places

Fundmen trading places

Rediff.com18 Oct 2005

Want to buy ULIPs? Read this

Want to buy ULIPs? Read this

Rediff.com15 Feb 2021

Stick to low-cost ULIPs launched in the past few years. Go with an insurer with a good investment team and solid track record of long-term returns, suggests Sanjay Kumar Singh.

Religare board nods plan  to buy Lotus AMC

Religare board nods plan to buy Lotus AMC

Rediff.com4 Nov 2008

The board of director at their meeting held on Tuesday approved the proposal to discuss, negotiate and finalise the terms of acquiring 100 per cent or majority equity shareholding of Lotus India AMC, Religare said in a statement. The company has agreed to acquire Lotus India AMC from its majority shareholders, Alexandra Fund Management (an affiliate of Fullerton Fund Management Company Ltd) and Sabre Capital.

You may soon get to buy foreign MFs

You may soon get to buy foreign MFs

Rediff.com20 Jun 2007

The domestic mutual funds such as Reliance Mutual Fund and Tata Asset Management Company are in advanced talks with global fund houses and investment advisors, in an attempt to offer global investment products to their Indian investors.

Sebi toughens norms for managing liquid MFs

Sebi toughens norms for managing liquid MFs

Rediff.com3 Mar 2019

To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.

Sony agrees to discuss extending Dec 21 deadline for merger, says ZEEL

Sony agrees to discuss extending Dec 21 deadline for merger, says ZEEL

Rediff.com20 Dec 2023

Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. A day after Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their proposed $10-billion merger, the Subhash Chandra family-promoted media firm said it has received a communication from Sony group for discussing an extension of the deal which was announced almost two years ago.

'Good opportunity for value investment'

'Good opportunity for value investment'

Rediff.com7 May 2008

In fact, the current market scenario provides more value investment opportunities. So, it is positive for mutual funds.

Byju's expects $7-8 bn minimum valuation

Byju's expects $7-8 bn minimum valuation

Rediff.com23 Jan 2024

Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.

Understand your fact sheet

Understand your fact sheet

Rediff.com30 Apr 2004

For the investors, the fact sheet is an important document which informs them where their funds are being invested and how their funds are being managed.

Sell assets: GMR Infra's mantra to fight debt

Sell assets: GMR Infra's mantra to fight debt

Rediff.com15 Jun 2013

Asset sales have helped ease investors' worry but debt remains at alarming levels

Why Bankers Love 'Casa'

Why Bankers Love 'Casa'

Rediff.com13 Nov 2023

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.

Adani Group net profit up 107% in first half of FY24 but sales slow down

Adani Group net profit up 107% in first half of FY24 but sales slow down

Rediff.com1 Dec 2023

The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. The nine firms posted a 107.7 per cent jump in net profit at Rs 23,929 crore in April-September compared to the year-ago period. Net sales, on the other hand, were down 14 per cent to Rs 1.49 trillion in H1FY24, data collated by Business Standard showed.

Chandresh Nigam joins Pru-ICICI MF

Chandresh Nigam joins Pru-ICICI MF

Rediff.com24 Jun 2003

Chandresh Nigam will join Prudential-ICICI MF in July as senior fund manager (equity), and will report to Dileep Madgavkar, vhief investment officer.

Inflation: Maintain 10-15% Investment In Gold

Inflation: Maintain 10-15% Investment In Gold

Rediff.com15 Jul 2022

Despite its recent underperformance, gold must be a part of your portfolio.

Govt lists year's reforms agenda

Govt lists year's reforms agenda

Rediff.com9 Apr 2003

Why large-cap PMS schemes failed to beat benchmark index

Why large-cap PMS schemes failed to beat benchmark index

Rediff.com19 Feb 2021

Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.

Sebi bats for the investors

Sebi bats for the investors

Rediff.com8 Feb 2008

The Securities and Exchange Board of India ruled that investors could avoid paying the entry load charged while investing in mutual funds

How Reliance managed to stay afloat amid Covid blues

How Reliance managed to stay afloat amid Covid blues

Rediff.com12 Jul 2021

More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.

Franklin launches protection fund

Franklin launches protection fund

Rediff.com26 Oct 2006

PSUs to invest govt-owned MFs only

PSUs to invest govt-owned MFs only

Rediff.com4 Jan 2008

Dept. of Public Enterprises have reminded CPSEs to invest surplus money only in govt-owned MFs.

MF investors exempt from entry fee

MF investors exempt from entry fee

Rediff.com31 Dec 2007

As a New Year gift to mutual fund investors, market regulator Sebi on Monday exempted them from payment of entry fee on applications filed directly to the asset management companies (AMC).

Want to Know What Uorfi Javed Is Really Like?

Want to Know What Uorfi Javed Is Really Like?

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

Investing? Better be cautious!

Investing? Better be cautious!

Rediff.com25 Feb 2005

Initial public offerings have managed to catch the fancy of both asset management companies as well as investors. But the recent slew of IPOs is more of the 'unconventional' type vis-à-vis the plain vanilla ones.

'Our focus is on converting lands into projects'

'Our focus is on converting lands into projects'

Rediff.com25 Apr 2024

'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'