Industry players reckon most of the existing multi-cap funds will switch to the new category
The move comes amid broader efforts by Chinese policymakers to prevent systemic financial risks and curb rising debt
Markets regulator Sebi on Friday said stock exchanges will have to ensure that investor grievances are resolved within 15 working days afterreceiving such complaints. The move is aimed at strengthening the investor grievance redressal mechanism, the Securities and Exchange Board of India (Sebi) said in a circular. The regulator also said that Investor Grievance Redressal Committee (IGRC)would not dispose the complaint citing lack of information and complexity of the case. Besides, expenses of IGRC will be borne by the respective stock exchange and no fees would be charged to the complainant, Sebi said. "Stock exchange shall ensure that the investor complaints shall be resolved within 15 working days from the date of receipt of the complaint," Sebi said. Aditional information, if any, required from the complainant, would be sought within seven working days from the date of receipt of the complaint. Further, exchanges will have to maintain a record of all the complaints addressedwi
Building a diversified portfolio will protect against big drawdowns in value
Ant did make disclosures about major regulatory risks in China in its prospectus and investors are expected to factor in a degree of regulatory uncertainty when making investments
Lulled by Biden's opinion poll lead, some investors had positioned for higher US bond yields and renewables shares
Fraud-hit Punjab and Maharashtra Cooperative Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction
'Me-too businesses' in the retail space will "flail" in the current market scenario, while others that add value will continue to attract investor interest, industry veteran Harsh Mariwala has said
With the Cyber Park project rents commencing, expect the growth on the rental front to remain steady
Recovery in domestic growth and lower input costs should aid margin improvement
They enable investors to lock in returns, minimise credit and interest rate risk
The government is likely to extend the deadline to bid for Air India till December 14 and also give flexibility to a potential investor to decide on the humongous debt with the national carrier
Pune-based startup BharatAgri on Wednesday said it has raised $2 million from a clutch of investors, including Binny Bansal-backed 021 Capital and India Quotient, for expansion
Markets regulator Sebi on Tuesday directed BSP Infrastructure & Construction and its then managing director Pradip Samaddar to refund the money raised from investors within 90 days. They have been directed to refund the money along with an interest of 15 per cent per annum, according to a Sebi order. In addition, they have been barred from the capital markets for a period of four years or till the completion of refund to investors, whichever is earlier. The company raised over Rs 11 crore by issuing secured redeemable debentures to 9,402 investors as on September 2016. It claimed to have repaid over Rs 3.2 crore to investors. These debentures were issued to more than 48 persons during 2010-11, 2011-12 and 2012-13 without complying with the public issue norms specified under ILDS (Issue and Listing of Debt Securities) Regulations. Since the debenture were issued by the firm to more than 48 people, it qualified as a public issue that requires compulsory listing on a recognised ...
Bengaluru-based brand in fresh fish and meat e-commerce, FreshToHome, announced it has raised $121 million in Series C funding led by ICD,Investcorp, Ascent Capital, DFC, the Allana Group and others
Asset quality still an unconvincing weak patch; quality of deposit growth also needs monitoring
Stick to deposits of firms with high rating
Since 2002, the MSCI AC World Growth Index has about doubled the return of its value counterpart, yet its relative earnings expectations have failed to grow at a similar pace
Investor wealth on Thursday eroded by Rs 3.25 trillion as the equity markets witnessed massive selloff, halting its 10-session winning run
In the event, Vedanta RBB fails to get bids for at least 1.34 billion shares--- the minimum required for the promoters to acquire 90 per cent shareholding-the delisting bid would fail