/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The new rule that executives need to invest 20% of their pay into their own funds has sparked an uproar. Will the regulator stand its ground?
After years of trying to make mutual fund house executives accountable for the performance of their funds, the Securities and Exchange Board of India finally bit the bullet last week by putting out a circular, which despite being muddled, set the cat among the pigeons.
The 28 April circular from SEBI states, among other things, that 20% of the salaries of key mutual fund house executives should be invested in units of the schemes over which they have oversight or are managed by them.
As with almost any reform, the industry is unhappy. But if they’re looking for someone to …
Lenders stand to gain a lot more than borrowers in the current challenging market environment
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.
