Mumbai: Lenders from the troubled Dewan Housing Finance Ltd (DHFL) are analyzing a payment strategy for the 55,000 FD holders as part of the resolution plan. According to the minutes of the meeting held last week, the committee of creditors (CoC) is analyzing different scenarios to distribute the proceeds of …
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With Democrat Joe Biden projected as the winner of the US presidential election by major television networks on Saturday, many investors welcomed the news as good for markets but warned of continued volatility. Republican President Donald Trump, who has made repeated claims of voter fraud without providing evidence, immediately accused …
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Mumbai: Karnataka’s high court ruled on Monday that Franklin Templeton India’s decision to liquidate its set of six debt schemes required the consent of a simple majority of shareholders. The court ordered that the trustees should not take any action on the liquidation of the six schemes until the consent …
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The markets regulator Securities and Exchange Board of India (Sebi) sees no merit in relaxing the 10 percent investment limit on a single share for actively managed mutual fund (MF) schemes, its boss said Wednesday. “The 10 percent limit is intended for diversification. Just because some programs outperform doesn’t mean …
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India’s Tata Group is in talks with potential investors about the possibility of participating in a new digital platform, said people familiar with the matter, who are looking to modernize their consumer businesses as retail giants like Amazon.com Inc. and billionaire Mukesh Ambani join the incipient e-commercial market. Tata Sons …
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Three companies to launch initial public offerings (IPO) for value ₹Rs 3,160 crore next week, hoping to benefit from a stock market awash with liquidity and a sharp rise in new retail investors. Indian stocks have recovered more than 50% from their lows in March, when the government imposed one …
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[ad_1] Yuri Molchan After the recent pullback of more than $ 9,000, BTC is trading in the $ 8,800 area. Still, a trader expects BTC to break $ 20,000 soon as more people buy it. With Bitcoin’s halving (in about a week), more and more investors seem to be getting …
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[ad_1] Earlier this week, JioMart, a Reliance Retail e-commerce company, opened a business account on Facebook’s WhatsApp. Days after selling a stake in its digital arm to Facebook for $ 5.7 billion, Reliance Industries said Thursday that it is in talks with other strategic and financial investors for a similarly …
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[ad_1] Then there is the risk of the fund manager. Actively managed debt funds are managed by specialist fund managers who may have strategies that can positively or negatively impact the performance of the fund. And finally, there is a credit risk, which is the problem we have with Franklin …
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[ad_1] NEW DELHI: Gold rose higher on Wednesday due to rapid rise in Covid-19 cases in India despite stringent closure measures that raised investor concerns, leading to a race to refuge assets safe. Investors are watching the situation closely as selected companies have started work since this week. A flawless …
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