President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the......
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). Illustration: Dominic Xavier/Rediff.com A sharp correction in the shares of AMCs over......
Markets watchdog Sebi on Tuesday decided to tighten norms for utilisation of IPO proceeds by companies, introduce special situation funds to invest only in stressed assets and amend various......
The payouts were 22 per cent lower than the previous year’s tally of Rs 7,938 crore. Through direct plans, investors can bypass a distributor and save on total expense ratios, as distribution......
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category. Illustration: Uttam Ghosh/Rediff.com......