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Detailed stories on technology startups, business and economic current affairs.
Mounting concentration risk has forced the fund house to change tack yet again. While shifting focus to small-cap stocks from defensive ones could somewhat help, such frequent switches are less than ideal.

If you have money invested in Quant Mutual Fund, perhaps it is time for you to start praying to your gods. While low or negative returns in a mutual fund scheme are unsurprising, especially given how equity markets have been over the last six months, Quant’s mistakes are not about bad calls or bad luck.
For one, there is the issue of frequent shifts in focus: from growth—read, small caps—to defensive and back now to growth, following a long period of severe underperformance. Growth stocks, which are more sensitive to market conditions, typically produce consistently higher earnings. Defensive stocks, on …
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.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.