Franklin Templeton gave some companies a lot of leeway
The mutual fund house had side deals with some firms that saw it look the other way when rules were flouted, hurting the interests of investors.
24 March, 2021•11 min
0
24 March, 2021•11 min
0
More in Business
Business
Abu Dhabi’s $16 billion push to become a finance magnet
Highlights from Abu Dhabi Finance Week, Qatar’s new (and bolder) AI ambition and the bid for Warner Bros. Discovery.
You may also like
Internet
Can SEBI get a good social media team for investor education?
With social media becoming a crucial source of financial guidance, it doesn’t help that many first-time investors remain strikingly unaware of regulations meant to protect them against unregistered entities.
Business
Anil Ambani owes his gravy train ride to apathy, leniency
Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been
Business
Anil Ambani’s comeback is anything but one
The return to profitability and the deleveraging at Reliance Power and Reliance Infra are not what they’re cracked up to be. Plus, as their promoter, his past continues to haunt the two surviving group companies.