Hemant Soren distributes portfolios; keeps home, gives finance to Cong

Jharkhand Chief Minister Hemant Soren on Friday distributed portfolios among the new ministers, keeping key departments such as home, personnel and several others to himself, according to a......

Sonia Gandhi and Rahul sacrificed: Is Sidda planning to resign?

Amid the alleged power tussle within the ruling Congress in Karnataka, with talks of leadership change once again coming to the fore, All India Congerss Committee general secretary in-charge of the......

It Wasn't Wise To Underestimate Manmohan Singh

There was more to him than he let on, asserts Aditi Phadnis. IMAGE: Then prime minister Dr Manmohan Singh at an event in New Delhi, September 22, 2012. Photograph: B Mathur/Reuters   After......

More INDIA parties want Cong to pass on leadership

Rashtriya Janata Dal chief Lalu Prasad on Tuesday joined the opposition leaders who have endorsed West Bengal Chief Minister Mamata Banerjee as the head of the INDIA bloc, after she indicated her......

Cybersecurity norms for portfolio managers in place

Capital markets regulator Sebi on Wednesday came out with a cybersecurity framework for all portfolio managers having an asset base of at least Rs 3,000 crore. IMAGE: Kindly note the image has......

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Illustration: Dominic......

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......

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

SBI Mutual Fund recently launched the SBI Quant Fund. Illustration: Dominic Xavier/Rediff.com Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently,......