'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
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.
The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives as part of a money laundering investigation, officials said on Thursday. The federal agency is looking to gather more evidence as part of its investigation against the company and its promoters under the Prevention of Money Laundering Act (PMLA). Office and residential premises in Mumbai and Chennai are being searched, they said.
The Securities and Exchange Board of India (Sebi) has directed Franklin Templeton MF to pay Rs 5 crore as penalty, return over Rs 450 crore collected as 22-month investment management and advisory fees, and imposed a two-year ban on launching new debt schemes for alleged irregularities in running six of its debt schemes that were shuttered last year.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
But the kind of usage and the demographic driving that change will be entirely different from the first online users.
Heading Crisil would have been the peak of most people's professional lives. But Roopa Kudva felt that was the right time to change tracks.
In an online chat with readers on November 3, Vinayak Kudva, head of IMS Learning addressed reader queries related to cracking the Common Admission Test and other b-school exams. For those who missed the live chat, here's the unedited transcript.
In an interview with BS, Roopa Kudva appears most excited about climate change. Another area is the grading of listed equities which, according to her, is an extension of IPO-grading.
Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020 and has decided to challenge the direction in Securities Appellate Tribunal (SAT).
S&P, which holds 51.4 per cent in Crisil, named Roopa Kudva as the region head for South Asia. Kudva would be part of S&P's Asia-Pacific executive committee, the agency said in a statement. She would continue as the managing director and CEO of Crisil.
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The agency also warned the government of overshooting the fiscal deficit target at 4.8 per cent due to poor revenue growth and pegged it at 5.2 per cent this fiscal.
Inflation based on wholesale price index rose to 11.91 per cent during the first week of July and the Crisil chief said that she expects average inflation of 8.5 per cent with moderation during the fourth quarter of the current financial year. But she was optimistic on investment saying, "We have not seen a sharp scale back in investments. Companies are going ahead with their plans."
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.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.
In an online chat with readers on October 20, Vinayak Kudva, head, IMS Learning addressed last minute queries to solving problems in CAT 2011. The Common Admission Test that qualifies admission to various post graduate programmes in the 13 Indian Institutes of Management and 150 other b-schools commenced October 22 and ends November 18, 2011. For those who missed the live chat, here's the unedited transcript.
Volatility in exchange rates are also expected to increase.
As the final countdown to CAT 2010 begins, Vinayak Kudva of IMS Learning Resources tackles some of the most frequently asked questions during this stage.
Liquidity pressures to top agenda of RBI's meeting with bankers.
Vinayak Kudva, Product Head at IMS Learning Resources Pvt. Ltd presents a lowdown on the importance of GRE and GMAT and talks about what the new pattern will be like.
ating agency Crisil on Wednesday said it has signed an agreement to buy the business of US-based Knowledge Process Outsourcing Industry Pipal Research Corporation for $12.75 million.
Leading credit ratings agency, Crisil, on Thursday launched real estate ratings, a first by any organisation in India, which would help common buyers make informed purchases in the sector in need of greater transparency.
Credit ratings agency Crisil on Tuesday said it expects to increase its rated portfolio in the small and medium enterprises (SME) segment by 10 folds in the next 3-4 years.
Vinayak Kudva, IMS Learning Resources, addresses some of the most frequently asked questions CAT candidates have in the last month of prep.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Post-CAT, everyone's biggest concern is if they have done well enough to get a call from the top B-schools.
Murthy's charges, he said, are patently false and slanderous.
CAT gurus Asan Dasari and Vinayak Kudva answer your queries regarding the exam.
CAT gurus Asan Dasari and Vinayak Kudva give you the gyaan you need to crack CAT.
The CAT gurus have all the answers for Get Ahead readers, in a live chat.
CAT gurus Asan Dasari and Vinayak Kudva chat with Get Ahead readers gearing up for CAT 2005.
Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.
The ideal employee will be the one who can learn to adapt to the changes in a short span of time and apply their technical skills and problem-solving ability to come up with creative solutions, says Anoop P Kudva.
Rupa Kudva, managing director and chief executive officer of credit rating agency CRISIL, talks about her career lessons and success mantras.
The report mentioned that the government spends 2.2 per cent of the GDP on pension bill.
Infy to cast wide net in CEO search, may go back to 'alumni'
The whistle-blower may strongly feel about the issues he had raised.. the regulator will follow the due legal process and decide, Balakrishnan said.
