/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The regulator’s failure to act in time against the fund house has resulted in investors turning to the courts for redress.
Nine months on, 315,600 mutual fund investors in Franklin Templeton India are exactly where they were on 24 April 2020, when the asset management company decided to shut down its suite of six debt mutual fund schemes.
The schemes, with assets under management of just under Rs 25,900 crore, remain closed for redemptions under the so-called winding up process, which entails selling and monetization of underlying bonds to make payment to investors. So far, the AMC, the regulator and the courts have given no indication of when investors will get back their money.
Clarity may emerge on Monday when the …
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
