[ad_1] Farhan Akhtar, Aamir Khan, Shankar Mahadevan teamed up with Berklee College students for the #BIXCOVIDFUND cause and used Dil Chahta Hai’s title song in the most creative way. Written by Isha Nair 51621 readings Mumbai Updated: May 5, 2020 07:54 pm Aamir Khan, Farhan Akhtar and others collaborate to …
Read More »Debt Funds: This 3.25 rupee lakh rupee money manager swears by Indian debt fund opportunity
[ad_1] Fixed income mutual funds have fallen out of favor among Indian mutual fund investors due to the uncertainty created by the Franklin Templeton fiasco. But this Dalal Street veteran continues to swear by debt funds. In fact, the man managing a wealth of Rs 3.25 lakh crore at India’s …
Read More »Congress offers funds for migrant fines; government says its base is most of the bill | India News
[ad_1] NEW DELHI: The government clashed with Congress and other opposition parties over allegations that migrant workers were being asked to pay fees to travel to their home cities with the railroads, saying that neither the department nor the Center were collecting the ticket money of the passengers in the …
Read More »Kohli, Rohit, Sania take part in online concert to raise funds for COVID-19 pandemic – cricket
[ad_1] India skipper Virat Kohli, limited overs vice-captain Rohit Sharma and tennis star Sania Mirza were among sports personalities, who took part in an online concert to raise funds to fight the COVID-19 pandemic, which has killed over 2 lakh people globally. As part of the initiative by ‘iFor India’, …
Read More »Why does the Reserve Bank of India open a liquidity window for mutual funds?
[ad_1] The story goes so far: In a bid to force a possible redemption of the mutual fund industry after implementing the Franklin Templeton Mutual Fund’s six-day loan scheme, the Reserve Bank of India (RBI) announced a special liquidity window on Monday. Rs 50 billion for mutual funds. Under the …
Read More »Sahabya Tandon from Bhabiji Ghar Par Hain extends her helping hand to raise funds for coronavirus safety kits
[ad_1] Image courtesy: Saumya Tandon / Instagram Saumya Tandon has urged people to contribute health care kits for frontline workers fighting the COVID-19 pandemic. IANS Last update: April 28, 2020, 9:04 AM IST Actress Saumya Tandon has urged people to contribute health care kits for frontline workers battling the COVID-19 …
Read More »Investment funds rush to maintain control over Franklin’s impact
[ad_1] Mutual funds (MFs) are concerned that the collapse of six Franklin Templeton India debt schemes will trigger a redemption crisis in the nation’s asset management industry. Asset managers are cutting back on bad investments and looking for bank loans, and a liquidity intervention by the Reserve Bank of India …
Read More »Investment funds rush to control Franklin’s impact, may ask RBI for help
[ad_1] Asset managers are cutting back on bad investments, seeking bank loans and a liquidity intervention from the Reserve Bank of India (RBI) to stem the consequences of large repayments. As of April 23, four fund houses had borrowed ₹Rs 4,427.68 million to manage bailout pressure, according to the Mutual …
Read More »6 Franklin Templeton FOF Watch NAVs Drop As Debt Funds Settle
[ad_1] MUMBAI: The NAV of the six fund of funds (FF) of the Franklin Templeton India mutual fund fell as much as 22.42% in a single day due to the liquidation of six debt schemes at the fund house. A fund of funds (FOF) is an investment strategy to maintain …
Read More »Banks stifle NBFC’s lifeline by parking more funds with RBI
[ad_1] MUMBAI : The move by the Reserve Bank of India (RBI) to reduce the reverse repo rate by 115 basis points (bp) since March 27, pushing banks to lend to “productive sectors” does not seem to have worked. Non-bank financial companies (NBFC) will continue to face a funding crisis …
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