• RBI turns down Sebi plan for credit rating agencies' access to defaults 23 Sep 2019 14:43 The Reserve Bank of India (RBI) has expressed disagreement over the Securities and Exchange Board of India’s (Sebi) proposed framework enabling credit rating agencies (CRAs) to legally access borrower database, helping them in timely recognition of default …
  • L&T Finance scrips: Sebi disposes of alleged insider trading case against Factorial Master Fund 23 Sep 2019 13:24 New Delhi, Sep 23 () Markets regulator Sebi on Monday dropped insider trading charges against Cayman Islands-based Factorial Master Fund, in the scrip of L&T Finance Holdings. While annulling the charges against the firm, Sebi said, "The charges …
  • Time to revisit the disclosure norm? 23 Sep 2019 10:54 Four years ago, market regulator SEBI had made it mandatory for the top 500 companies by market capitalisation to disclose their dividend distribution policy to the public. It had asked the companies to declare in their annual reports and on their web …
  • Bajaj Holdings & Investment Ltd board to consider Q2, H1 results on Oct 23, 2019 23 Sep 2019 09:31 The Board of Directors of Bajaj Holdings & Investment Limited will meet on Wednesday, 23 October 2019 at Pune to consider, the unaudited financial results for the quarter and half year ending 30 September 2019. The Company will submit the unaudited …
  • CARE Ratings downgrades Reliance Capital's debt programme to 'D' 23 Sep 2019 08:45 By ANI MUMBAI: CARE Ratings has downgraded Anil Ambani-led Reliance Capital's debt programmes worth Rs 17,000 crore to 'D' on account of the recent instance of delay in servicing of coupons on several non-convertible debentures (NCDs). However, …
  • SEBI tightens norms for liquid funds 23 Sep 2019 07:13 As part of its attempts to strengthen the risk management framework for liquid funds, the Securities and Exchange Board of India (SEBI) has made it mandatory for such funds to hold at least 20% of its net assets in liquid assets while mandating an exit …
  • Reliance Capital slams CARE Ratings for downgrading its debt program 23 Sep 2019 06:32 New Delhi, Sep 23 () Anil Ambani-led Reliance Capital has slammed CARE Ratings for downgrading its debt and called actions by the rating agency "pre-meditated and prejudiced". Reliance Capital said there was a delay in payment of interest for non …
  • These 7 capital goods stocks could be profitable investments 23 Sep 2019 03:18 The capital goods sector has underperformed during the past few years, which is evident from the difference in the returns of the BSE Capital Goods index and the Sensex. The BSE Capital Goods has underperformed the Sensex by 2.9% in the past one year, by …
  • Ask us: On investments 22 Sep 2019 18:53 Q. My wife is a senior citizen (under 80 years) and I am a super senior citizen (80 plus). We have limited income and that too, only from interest. So, we would like to plan for getting the maximum amount by investing in very safe avenues. The limit of …
  • The dry spell in India’s IPO market 22 Sep 2019 16:12 India’s primary market, after showing signs of animation for the last couple of years, seems to be sinking back into its habitual stupor. Data from Prime Database suggests that domestic public offers after managing a sharp jump in fund-raising to over ₹98, …
  • How Altico’s default will impact you 22 Sep 2019 13:15 Credit-quality issues in debt instruments continue to haunt the mutual fund industry. The latest episode concerns bonds issued by Altico Capital. The company defaulted on interest payments of around ₹ 20 crore on external commercial borrowing (ECB) that …
  • When you have to provide for your parents 22 Sep 2019 13:15 ‘A’ is 26 years old and works with a software company in a tier-1 city. Over the past two years, he has been able to save ₹ 5 lakh for his emergency fund. Now, he wants to start planning for his other goals. He wants to create a retirement fund for his …
  • SBB guaranteed $4B in business loans 22 Sep 2019 13:13 – Minister of Business THE Small Business Bureau (SBB) has guaranteed $4 billion in loans from 2015 to present for registered small businesses while over $36M in grant alone was given out this year to persons from regions two, five, six and 10. This is …
  • Icelandic broadcaster fined for Hatari's pro-Palestinian protest at Eurovision 22 Sep 2019 12:01 Icelandic public broadcaster RUV will be fined because the band it entered at the Eurovision song contest displayed scarves with Palestinian flags at the contest in Israel. Read more: Opinion: Should the Eurovision Song Contest be politicized? Icelandic …
  • City of London wants UK fintechs to operate in India 22 Sep 2019 07:15 Fintech Industry, Online financial transactions, Peter Estlin, global fintech firms, SEBI, IRDAI, RBI Mumbai: As Indians get more comfortable with making financial transactions online, the domestic fintech industry, which facilitates this, is growing at …
  • Penny wise and pound foolish: Why hiring a financial advisor is a good idea 22 Sep 2019 03:23 Many people who approach us for help with financial planning develop cold feet once the discussion turns to fees. For some affordability is indeed an issue. But many people also back out because they believe that the value of any advice they receive would …
  • How side-pocketing affects you 21 Sep 2019 21:29 If you’re an investor in debt mutual funds, you’re probably puzzling over the reports on ‘side-pocketing’ of bonds that figure in fund portfolios. If you’re confused by what all this means to you, here are your questions answered. When debt funds face a …
  • Utkarsh Small Finance Bank aims at Rs 500-600 cr IPO by Dec 2020 21 Sep 2019 13:23 Utkarsh Small Finance Bank plans to hit the capital markets by December 2020, keeping to the Reserve Bank of India’s (RBI) mandate of going public within three years of launch of bank operations. Tentatively, the bank is eyeing to mop up Rs 500-600 crore …
  • Mid & smallcaps light up the Street 21 Sep 2019 03:13 India’s broad market indices logged their biggest one-day gain in several years on Friday after the government unexpectedly cut the corporate tax rate to fire up economic growth. The return of positive sentiment to the market and higher scope to expand …
  • Sebi tightens rules for debt mutual fund 20 Sep 2019 16:37 New Delhi, Sep 20 () Tightening the norms for mutual funds, markets regulator Sebi on Friday made it mandatory for liquid schemes to hold at least 20 per cent in liquid assets like cash and government securities in the wake of recent credit crisis. The new …
  • RBI turns down Sebi plan for credit rating agencies' access to defaults 23 Sep 2019 14:43 The Reserve Bank of India (RBI) has expressed disagreement over the Securities and Exchange Board of India’s (Sebi) proposed framework enabling credit rating agencies (CRAs) to legally access borrower database, helping them in timely recognition of default …
  • A brief history of WeWork, the flying startup facing turbulence 23 Sep 2019 08:28 By Danielle Moran In less than a decade, WeWork has been a roaring real-estate success, a unicorn of the future -- and a lesson in not believing your own hype. Some directors are planning to push Adam Neumann to step down as chief executive officer. A …
  • David G. McLane Presented with the Albert Nelson Marquis Lifetime Achievement Award by Marquis Who's Who 23 Sep 2019 07:27     DALLAS, TX, September 23, 2019 /24-7PressRelease/ -- Marquis Who's Who, the world's premier publisher of biographical profiles, is proud to present David G. McLane with the Albert Nelson Marquis Lifetime Achievement Award. An …
  • SEBI tightens norms for liquid funds 23 Sep 2019 07:13 As part of its attempts to strengthen the risk management framework for liquid funds, the Securities and Exchange Board of India (SEBI) has made it mandatory for such funds to hold at least 20% of its net assets in liquid assets while mandating an exit …
  • REUTERS NEWS SCHEDULE AT 2200 GMT/0600 SGT 22 Sep 2019 22:39 Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect here or on Media Express here GLOBAL SAUDI-ARAMCO-USA- …
  • The dry spell in India’s IPO market 22 Sep 2019 16:12 India’s primary market, after showing signs of animation for the last couple of years, seems to be sinking back into its habitual stupor. Data from Prime Database suggests that domestic public offers after managing a sharp jump in fund-raising to over ₹98, …
  • In Pakistan, e-commerce sector requires PTI govt's attention 22 Sep 2019 03:43 Representational image. PHOTO REUTERS LAHORE: As the e-commerce sector in Pakistan is gaining momentum, its key stakeholders are demanding that the government create an ecosystem to curb bottlenecks in the bureaucratic and economic system and promote start …
  • Tellurian and Petronet Sign MOU for Up to 5 Million Tonnes of LNG Through Equity Investment in Driftwood 21 Sep 2019 23:23 Tellurian Inc. (Tellurian) (NASDAQ: TELL) and Petronet LNG Limited INDIA (PLL) announced today that the two companies have signed a Memorandum of Understanding (MOU) wherein Petronet and its affiliates intend to negotiate the purchase of up to five million …
  • Utkarsh Small Finance Bank aims at Rs 500-600 cr IPO by Dec 2020 21 Sep 2019 13:23 Utkarsh Small Finance Bank plans to hit the capital markets by December 2020, keeping to the Reserve Bank of India’s (RBI) mandate of going public within three years of launch of bank operations. Tentatively, the bank is eyeing to mop up Rs 500-600 crore …
  • Sebi tightens rules for debt mutual fund 20 Sep 2019 16:37 New Delhi, Sep 20 () Tightening the norms for mutual funds, markets regulator Sebi on Friday made it mandatory for liquid schemes to hold at least 20 per cent in liquid assets like cash and government securities in the wake of recent credit crisis. The new …