Sebi proposes relaxation for AMCs opening doors for business expansion

The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to......

Globalisation is making way for 'slowbalisation': Birla

'While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat as, the emerging pattern of trade is more regional. 'This new trend of......

MF licence aspirant list swells with new wave of AMCs ready to roll

India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset......

'Aim is to double individual first-year premiums in 3 yrs'

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range. We want to take that to about Rs 6,000 crore in three years.' Illustration: Uttam Ghosh/Rediff.com Aditya......