Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.
With COVID-19 cases on the rise, Bollywood is stuck at home again, like the rest of us.
After Ramesh Taurani's Diwali party, Ekta Kapoor picked up the party baton at her home.
Before you catch a brawny Prabhas as the Prince of Ayodhya in its VFX-heavy edition, Sukanya Verma looks at the many, many on screen portrayals of Ram over the years.
A nine-year-old boy weeps as mourners take away the bodies of his sister, mother and grandmother for cremation.
Javed Akhtar's 75th birthday celebrations started early with the unveiling of an exhibition of photographs from his life. His family also threw a retro-themed party for him at their home, and invited his friends over.
After being called out for wearing a 'plagiarised' Anamika Khanna outfit, Sonam Kapoor came to her designer friend's rescue.
Mumbai Airport immigration officials deported two American citizens, seven-year-old Viraj Shriwardhankar and three-and-a-half-year old Vrishabh, two hours after they landed in India last week.
As the fire at a Bhandup mall which claimed the lives of nine COVID-19 patients admitted at the hospital in the same building was finally doused on Saturday, a case has been registered against HDIL promoter Rakesh Wadhawan and five others for 'culpable homicide'.
A cricket club in the southern Israeli city of Beersheba has come to the rescue of several Indian researchers at the Ben-Gurion University in the Negev southern region, who had been struggling for a proper shelter while being under a complete siege with rockets raining over the country's south during the past one week.
Lots of family connections, folks...
That brings the total of those charged since late 2016 in this fraud and money laundering scheme up to 56. Five India-based call centres have been charged too.
Rajesh Karkera journeys through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Opener Viraj Awate's superb first-class debut continued as he scored an unbeaten half-century to help Maharashtra take an overall 111-run lead against Vidarbha in their Group B Ranji Trophy match, in Nagpur, on Monday.
We invited readers to share stories of how they met their spouses and interesting anecdotes about their wedding day. Gauri Patil shares her love story.
After stories and music, it is now websites that are said to be the target of copycats in and around the Hindi film industry.
Of the available media, it was the fastest growing segment in 2008. Its better return on investment and the comparative ease with which its efficacy can be measured will ensure that the trend continues, say analysts. Rising interest in social networking in 2008 has made brands think seriously about online advertising.
Dr Sujit Pandit of Ann Arbor, Michigan, got off lightly at the hands of immigration officials in India, in comparison to seven- year-old Viraj and three-and-a-half-year-old Vrishabh, who three years ago were deported within two hours of landing for not carrying their old passports.
Lets see if the film manages to stay as slick as the trailer, writes Raja Sen.
Lord Swraj Paul's Caparo group has planned to set up a Rs 200 crore (Rs 2 billion) automobile parts manufacturing plant at Bhiwadi industrial area in Alwar district of Rajasthan.
The Commonwealth Games hero had another poor showing in the men's 50 metres Free Pistol event at the shooting World Cup in Milan.
Viraj Patil won the one-metre springboard diving for his third gold in the 58th Senior National Aquatic Championships.
The global high comes amidst the uncertainties of Brexit, a trade war and slowing growth, with traders increasing their silver bets.
Full text of the Delhi High Court judgment.
Shabana Azmi's friends dropped in to support the Mijwan Fashion show.
The summit would be held from November 4-6.
This is the fourth death this year caused by vehicles skidding on potholes on the Jawhar-Dahanu road.
Jeev, whose career took a hit because of incessant injury breakdowns, praised the American for winning his 80th PGA Tour title last month, which was his first in five years.
Former India player and Haryana captain Ajay Jadeja made a fine comeback to domestic cricket after six years as he led his side to a 62-run win over Hyderabad at the Buchi Baby cricket tournament in Chennai, on Friday.
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
Rajapaksa informed the lawmakers of United People's Freedom Alliance that he has resigned from the post.
The first half of Dishoom is breezy and snappy, and the increasingly irrepressible Varun Dhawan is on point, feels Raja Sen.
A look at the pictures.
As consumers in India seek variety and innovative products, there's a lot of interest among investors for healthier products.
'But I understand the need for this government move.' 'I completely support Mr Modi.'
After resisting for more than three years, the Centre on Tuesday revealed names of 18 persons in the Supreme Court who allegedly stashed black money with the LST bank in Liechtenstein and against whom prosecution have been launched by the Income Tax department.
