Franklin Templeton Asset Management (India) on Monday said the Securities Appellate Tribunal (SAT) has stayed Sebi's order, whereby the regulator had barred the asset management firm from launching any new debt scheme for two years. In addition, the regulator had asked Franklin Templeton to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to its six debt schemes which are now shut. "With reference to the order issued by Whole Time Member(WTM) of Sebi on June 7, 2021, Franklin Templeton Asset Management (India) Pvt Ltd filed an appeal and an application for stay before the Hon'ble SAT. "After hearing the parties, the Hon'ble SAT has stayed the operation of the order passed by the WTM," a Franklin Templeton spokesperson said in a statement. The matter has been listed on August 30, 2021 for further directions, he added.
On Tuesday 55 flights were diverted, over 200 flights were cancelled because of rain, low visibility and poor braking action on secondary runway
Many other Indians are heading the businesses at companies abroad.
Tawang is very much a part of India, and if the present Dalai Lama decides one day to take rebirth in Tawang, the Indian government will openly welcome him and support him, notes Claude Arpi.
It's time for some desi chaat with a burst of hatke flavours.
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
Neeraj had suffered a head injury following a fall at his house in Agra.
Rediff readers share their traditional recipes. You can share yours too!
A 51-year-old woman member of an NGO from the city was among five Indians on board the Malaysian airliner that is presumed to have crashed into sea off Vietnamese coast and her family is shattered by the news.
None of R D Burman's collaborations was as rewarding and resplendent as with Gulzar, who turns 89 today, August 18, 2023, says Subhash K Jha.
The defence ministry on Friday said a technical malfunction in the course of a routine maintenance led to the accidental firing of a missile on March 9.
None of James Bond movies are complete without beautiful women, hi-tech gadgets and of course gorgeous four wheels.
Rediff Reader Manasi Sadarangani shares a quick recipe.
Indrani Roy shares 4 traditional Bengali preparations for the festive season. You can share yours too!
'Since the rotors of a helicopter rotate at very high RPMs, if they hit an obstacle -- for example a tree, wire or pole, the result is catastrophic.'
On this date, April 27, in 1982, the Hindi poet received the Jnanpith Award for her outstanding contribution to Indian literature.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Pune saw the fastest growth in terms of number of super-rich people.
The best summer foods of India
Cairo, Egypt's sprawling capital, is a maelstrom of sights, sounds and smells.
How did a young girl with no formal education become one of India's most inspiring teachers and social reformers?
Chomsky and Prashad said that they were informed of the event's cancellation in the mail.
According to a study by CareerCast, a common requirement among the 10 highest paying jobs in US is an extensive and specialised education and in some cases it might stretch up to decades of preparation.
Jyoti Negi, expert, Momspresso, shows you how to delight your guests with simple fruit shakes.
Traditionally made from peanuts, this candy also comes in different variants now.
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015.
Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.
The RPI-A is an ally of the Bharatiya Janata Party.
'Absolute non-violence is not only sinful, but immoral.' 'This doctrine of non-violence benumbed the revolutionary fervor, softened the limbs and hearts of the Hindus, and stiffened the bones of enemies.' A revealing excerpt from Vikram Sampath's Savarkar (Part 2): A Contested Legacy, 1924-1966.
With over Rs 55,000 crore debt, Air India management has been trying to pare burden by monetising non-core real estate properties.
Kalicharan Maharaj also used an abusive word against Mahatma Gandhi while delivering a speech at Dharma Sansad organised by an organisation at Chhattisgarh's capital Raipur, drawing flak from the leaders of the ruling Congress.
Haven't been invited to the biggest wedding of the year?
Dhruv and LUH helicopters must supply provisions to, and evacuate casualties from Siachen Glacier posts like Sonam, which, at 20,997 feet, is the highest inhabited spot on the planet.
The government has increased the budgetary allocation.
The 50.5-metre-high historic tower was reduced to just its base.
Last year, air traffic grew by 9.7%.
Cash registers are ringing more frequently at hotels and resorts with the return of the big fat Indian wedding after a two-year hiatus. This comes even as the small and intimate ceremonies - which became popular during the pandemic - are also set to keep those employed in the hospitality sector on their toes. As many as 2.5 million marriages are expected to get solemnised during the wedding season that gets underway from next week and stretches on till April, according to industry estimates.
The Anti Terrorist Squad of Madhya Pradesh police captured five suspected Students Islamic Movement of India activists from Sendhwa Pathar area in Barwani district following an encounter in the early hours on Monday, a top police official said.
No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.
Stuffed rice paper rolls are light, nutritious, unusual and yum.
