News for 'franklin'

8 Places To Be For A Perfect Christmas

8 Places To Be For A Perfect Christmas

Rediff.com15 Dec 2025

Which are some of most special places in the world to celebrate Christmas?

Like Palak Tiwari's Hatke Fashion?

Like Palak Tiwari's Hatke Fashion?

Rediff.com9 Oct 2025

The actor-model walked as the showstopper at the ongoing FDCI x Lakm Fashion Week 2025.

Why 80% Indian Households Avoid Financial Risk

Why 80% Indian Households Avoid Financial Risk

Rediff.com22 Oct 2025

'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'

Want To Invest In Credit Risk Funds?

Want To Invest In Credit Risk Funds?

Rediff.com22 Sep 2025

'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'

Ajaya Babu, Bedabrat lift record weight enroute gold

Ajaya Babu, Bedabrat lift record weight enroute gold

Rediff.com28 Aug 2025

India also had a silver medal through Grishma Thorat in the youth women's 77kg.

The 'fiery addition' SRH fans have been waiting for...

The 'fiery addition' SRH fans have been waiting for...

Rediff.com14 Jul 2025

Sunrisers Hyderabad on Monday appointed former India pacer Varun Aaron as their bowling coach for the 2026 Indian Premier League (IPL) season.

IPL 2024: Franklin set to replace Steyn as SRH bowling coach

IPL 2024: Franklin set to replace Steyn as SRH bowling coach

Rediff.com3 Mar 2024

Dale Steyn requested Sunrisers Hyderabad to give him a break for this season owing to personal reasons.

What Links Chennai And Yale University?

What Links Chennai And Yale University?

Rediff.com1 Aug 2025

Elihu Yale rose up the ranks of the East India Company to become governor of Madras and is the controversial benefactor after whom Yale University is named.

PIX: Jefferson-Wooden wins 200m at Philadelphia Grand Slam

PIX: Jefferson-Wooden wins 200m at Philadelphia Grand Slam

Rediff.com1 Jun 2025

Images from the Grand Slam Track meet in Philadelphia on Saturday.

If Your Mutual Fund Shuts, Is Your Money Safe?

If Your Mutual Fund Shuts, Is Your Money Safe?

Rediff.com16 Jul 2025

Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.

Why Trump Turned on India, Embraced Pakistan

Why Trump Turned on India, Embraced Pakistan

Rediff.com6 Aug 2025

Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.

'After Quit India, There Could Be No Retreat'

'After Quit India, There Could Be No Retreat'

Rediff.com9 Aug 2025

On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.

SRH's all-out strategy under fire after 3 losses

SRH's all-out strategy under fire after 3 losses

Rediff.com4 Apr 2025

A string of losses-to Lucknow Super Giants, Delhi Capitals, and most recently, a heavy 80-run defeat to Kolkata Knight Riders-has raised questions about SRH's overly aggressive approach and their faltering death bowling.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.

'Money Is Trump's Driving Vice'

'Money Is Trump's Driving Vice'

Rediff.com9 Jun 2025

'His love of money goes beyond all reasons,' says Trump watcher Arjun Appadurai.

ED raids Franklin Templeton premises in money laundering case

ED raids Franklin Templeton premises in money laundering case

Rediff.com16 Mar 2023

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.

Tribunal stays Sebi's order on Franklin Templeton

Tribunal stays Sebi's order on Franklin Templeton

Rediff.com28 Jun 2021

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.

Is Trump planning a 3rd term? Prez says 'not joking'

Is Trump planning a 3rd term? Prez says 'not joking'

Rediff.com31 Mar 2025

Trump's comments have been met with fierce criticism, with Rep. Daniel Goldman labeling it an "escalation in his clear effort to take over the government and dismantle our democracy." Goldman urged Congressional Republicans to oppose Trump's ambitions.

Pooja Rani to move to 70-kg category to revive career

Pooja Rani to move to 70-kg category to revive career

Rediff.com26 Mar 2025

Two-time Asian champion boxer Pooja Rani is contemplating a move down to the 70kg weight class as she targets a comeback for the 2028 Los Angeles Games.

Franklin Templeton AMC's senior officials, trustee fined

Franklin Templeton AMC's senior officials, trustee fined

Rediff.com14 Jun 2021

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.

Tribunal stays Sebi ban on Franklin Templeton's Kudvas

Tribunal stays Sebi ban on Franklin Templeton's Kudvas

Rediff.com2 Jul 2021

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.

Franklin Templeton tries to soothe frayed nerves of investors

Franklin Templeton tries to soothe frayed nerves of investors

Rediff.com10 Jun 2021

Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of 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 of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.

Franklin Templeton to move securities tribunal against Sebi order

Franklin Templeton to move securities tribunal against Sebi order

Rediff.com8 Jun 2021

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).

Karun Nair sets new List A world record

Karun Nair sets new List A world record

Rediff.com3 Jan 2025

Karun Nair created a new world record for the most runs in List A cricket without being dismissed while guiding Vidarbha to an eight-wicket victory over Uttar Pradesh.

PIX: Neeraj Chopra weds Himani!

PIX: Neeraj Chopra weds Himani!

Rediff.com19 Jan 2025

Neeraj married Himani in a quiet ceremony on Sunday.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

Lessons from the Franklin fiasco

Lessons from the Franklin fiasco

Rediff.com27 Apr 2020

Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.

Franklin Templeton's 6 shut schemes generate Rs 15,272 cr

Franklin Templeton's 6 shut schemes generate Rs 15,272 cr

Rediff.com17 Mar 2021

Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 15,272 crore from maturities, coupons and pre-payments since closing down in April 2020. The fund house had shut six debt mutual fund schemes on April 23 last year, citing redemption pressures and lack of liquidity in the bond market.

Aretha Franklin passes away

Aretha Franklin passes away

Rediff.com16 Aug 2018

'The Queen is dead. Long live the Queen.'

Why Franklin-type fiascos will keep happening

Why Franklin-type fiascos will keep happening

Rediff.com5 May 2020

'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.

Minor girl charged with killing 80-year-old Indian origin man in UK

Minor girl charged with killing 80-year-old Indian origin man in UK

Rediff.com16 Dec 2024

A 12-year-old girl has been charged with manslaughter in connection with the death of 80-year-old Bhim Sen Kohli, who was killed in a park near Leicester in September. Kohli was attacked while walking his dog and died in hospital from a neck injury. A 15-year-old boy, who was 14 at the time of the incident, has also been charged with murder in connection with the case.

Franklin Templeton scotches rumours of exiting India

Franklin Templeton scotches rumours of exiting India

Rediff.com3 Apr 2021

Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.

Franklin Templeton MF unitholders to get Rs 3,303 cr in fifth tranche

Franklin Templeton MF unitholders to get Rs 3,303 cr in fifth tranche

Rediff.com11 Jul 2021

SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With this, the total disbursement will reach Rs 21,080 crore, amounting to 84 per cent of assets under management (AUM) as on April 23, 2020, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12, Rs 2,489 crore during the week of May 3 and in the latest disbursement during the week of June 7, investors were paid Rs 3,205 crore.

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Rediff.com7 Jun 2021

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.

SC allows Franklin Templeton to make payout in tranches

SC allows Franklin Templeton to make payout in tranches

Rediff.com12 Feb 2021

The Supreme Court on Friday upheld the validity of e-voting process for the winding up of six mutual fund schemes of Franklin Templeton, and said disbursal of funds to unit holders will continue.

Why SRH bowling coach Steyn resigned

Why SRH bowling coach Steyn resigned

Rediff.com17 Oct 2024

Former New Zealand bowler James Franklin had filled in for the former South African pacer.

Franklin Bluechip vs Franklin Blue Chip

Franklin Bluechip vs Franklin Blue Chip

Rediff.com25 Aug 2004

How does the fund compare to its international peers? Le's check out.

6 discontinued Franklin Templeton MF unitholders to get Rs 9k cr

6 discontinued Franklin Templeton MF unitholders to get Rs 9k cr

Rediff.com2 Feb 2021

The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.

More trouble for Franklin Templeton MF schemes

More trouble for Franklin Templeton MF schemes

Rediff.com3 Aug 2020

Due to default in payment, the securities of FICL and NDIL will be valued at zero basis AMFI standard hair cut matrix, and interest accrued and due will be fully provided.

Winding up of Franklin Templeton's 6 debt schemes delayed

Winding up of Franklin Templeton's 6 debt schemes delayed

Rediff.com28 May 2020

Franklin Templeton Mutual Fund, which has closed six debt schemes, has said the winding-up process will be delayed in the absence of authorisation from investors and further steps will be possible only after seeking fresh approval from them. It further said that investors who do not have an e-mail ID or mobile number registered with the fund house will not be able to participate in the voting process. The date on which the voting would start has not been disclosed yet.