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Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players
Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance
Longer-than-expected wait time leads to delay in fund launches
It will invest in 25 start-ups focused on digitalisation, sustainability, financial inclusion
Further, exposure to CDS undertaken in these manner will not tantamount to leverage
The capital market regulator has also recommended appointment of independent valuers, specifically for unlisted entities
Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds
Firm will invest in at least 15 technology and fintech start-ups, expects final close in 6 months
Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi
What does e-rupee mean for you? Who's the brain behind Vande Bharat? Is it time to shift to private bank stocks? What are Alternative Investment Funds? All answers here
Markets regulator Sebi recently told RBI that some non-bank lenders were ever-greening loans by using alternative investment funds. But what exactly is this fund? Let's find out
Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area
Capital markets regulator Sebi on Thursday came out with guidelines for Alternative Investment Funds (AIFs) for declaring the first close of a scheme. Also, the regulator has specified the manner of calculating the tenure of a close-ended scheme of an AIF and prescribed a fee for change in control of the manager or sponsor. The new guidelines would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular. With regard to the first close of schemes of AIFs, Sebi said that the first close of a scheme is required to be declared not later than 12 months from the date of the capital markets regulator's communication for taking the Private Placement Memorandum (PPM) of the scheme on record. In the case of open-ended schemes of Category III AIFs, the first close would refer to the close of their Initial Offer Period. "Corpus of the scheme at the time of declaring its first close shall not be less than the minimum corpus prescribed in AIF
Limit exposure to this volatile category to 10-15% of equity portfolio, enter with 7-10-year horizon
Early-stage venture capital company says fintech 'single largest opportunity in India'
There is optimism that the Rs 7 trillion mark will likely be crossed soon, given the recent momentum
New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves
The Fund of Funds for startups, launched in 2016, has committed Rs 7,385 crore to 88 alternative investment funds (AIFs) as of September 24 this year, the commerce and industry ministry said on Monday. These AIFs in turn have invested Rs 11,206 crore in 720 startups, it said. The Fund of Funds (FFS) initiative has been playing a major role in mobilising domestic capital in the Indian startup ecosystem., it added. FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and FY 2021-2025) through budgetary support by the Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry. Under FFS, support is extended to SEBI-registered AIFs, which in turn invest in startups. "FFS has not only made capital available for startups at early stage, seed stage and growth stage but also played a catalytic role in facilitating raising of domestic capital, reducing dependence on foreign capi
Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi
Sebi also has directed all AIFs to designate an employee as compliance officer, who shall be a person other than the CEO