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India to get 3rd set of Swiss bank details, info on real estate this month

 India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland and this will include for the first time the......

UP govt plans New Ayodhya project across 1400 acres

 The temple town is likely to witness a major jump in tourist inflow once flagship projects are commissioned. In the first six months of 2022, more than 20 million tourists visited Ayodhya. To......

Rediff's Wave Rider Retires!

 After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Guj man who was held for posing as PMO official booked for house grab bid

 Alleged conman from Gujarat, Kiran Patel, held in Jammu and Kashmir for posing as a top official of the Prime Minister Office, has been booked by the Ahmedabad cops on cheating and criminal......

Will India's 1st real estate investment trust ever see daylight?

 Reit invests in real estate and trades on exchanges like a stock Reits were first proposed in 2008 There are some fears about corporate governance structures of Reits Reit as an investment......

In a first, Sebi mulls rules for fractional ownership in real estate

 The Securities and Exchange Board of India (Sebi) has for the first time proposed to regulate online platforms offering fractional ownership in real estate, a model already popular in countries......

Market regulator Sebi extends MF expense structure to new asset class

 SIF, which was first proposed by Sebi in July 2024 aims to fill the gap between MFs and portfolio management services. Illustration: Dominic Xavier/Rediff.com Specialised investment fund (SIF), a......

MFs seek greater leeway for proposed new asset class

 The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry’s......

Sebi chief hopes real estate trusts will make it big

 Hopeful that the Real Estate Investment Trusts will eventually make it big in India, regulator Sebi's chairman U K Sinha on Friday said there is a need to look into the reasons why there has been......

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