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Multi-agency group to probe Indian names in 'Pandora Papers'

 The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore......

Sebi cracks down on new funds, asset managers chafe

 When Franklin Templeton's India unit wanted to launch a mutual fund that would switch allocation among stocks, bonds, gold and money markets, the Securities and Exchange Board of India baulked,......

Developers could buck housing slowdown in Q2

 Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July–September......

Factors that will drive the markets this week

 Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.......

Bankers pitch for a National Asset Management Co

 Concerned over rising bad loans, heads of banks and financial institutions on Tuesday suggested creation of National Asset Management Company which could act as a nodal agency to deal with the......

HSBC's AMC acquires L&T Mutual Fund business for $425 million

 L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

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