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ED raids Franklin Templeton premises in money laundering case
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,......
What Went Wrong at Axis Mutual Fund
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu. Illustration: Uttam Ghosh/Rediff.com Recently, Axis Mutual Fund removed......
Tribunal stays Sebi ban on Franklin Templeton's Kudvas
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. Photograph:......
In Sebi's Fire: Vivek & Roopa Kudva
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.Joydeep Ghosh reports. IMAGE: Vivek Kudva, Asia Pacific......
Decoded: What went wrong with the six schemes of Franklin Templeton
All schemes were holding highly illiquid and large portions of low-rated securities. As a result, the fund house had challenges meeting the redemption requests. Samie Modak explains. The......
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