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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Regulator sends out a clear signal—fund houses cannot trample all over investor rights and hope to get away with it.
7 June 2021. A day that the mutual fund industry in India is unlikely to forget in a hurry. It is the day when the law finally caught up with Franklin Templeton India, which shuttered six of its debt mutual fund schemes in a sudden move a little over a year ago, leaving thousands of investors high and dry.
On Monday evening, the Securities and Exchange Board of India came out with two orders running into over 100 pages, holding the fund house guilty of a gamut of serious lapses in the way it ran its fixed income schemes and …
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.
