Ponzi scheme suspect paid $720000 for prayers amid SEC probe
An investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme spent nearly three-quarters of a million dollars on prayers by Hindu priests in […]
Category: Mutual Fund
Mutual Fund Analysis by Collabgenics
Duty hike will raise import costs, add to industry’s financial woes: COAI
Telecom industry body COAI Friday said the import duty hike on certain communication products will increase industry’s import costs by about 10 per […]
Reliance has 10 per cent of offset in Rafael deal: Dassault CE
Dassault Aviation’s joint venture with Reliance represents around 10 per cent of the offset investments under the Rafale jet deal, Dassault CEO Eric […]
Aircraft maker Boeing ‘concerned’ about Jet Airways, says official
Boeing is concerned over Jet Airways which is grappling with financial woes a senior official of the leading aircraft maker said Friday. The […]
BSE signs pact with Dubai Mercantile Exchange for commodity derivatives mkt
Leading bourse BSE Thursday said it has signed a pact with Dubai Mercantile Exchange (DME), international energy futures and commodities exchange in the […]
Orderly rupee depreciation to ease pressure on capital market: World Bank
An orderly depreciation of the rupee would increase competitiveness and relieve some of the pressures in capital market, according to a top World […]
Focus on customer satisfaction and loyalty, says IRDAI Chief
Insurance regulator IRDAI’s chairman on Thursday urged insurers to work on customer satisfaction and value addition to products to ensure sustainable growth of […]
Pyramid Saimira case: SEBI bans director Nirmal Kotecha from market for one year
Regulator Sebi has barred Pyramid Saimira Theatre Ltd (PSTL) director Nirmal Kotecha from the capital markets for one year and the firm’s chief financial […]
Sebi restrains broker from liquidating DHFL shares after Rs 2-bn default
The Securities and Exchange Board of India (Sebi) has restrained a Delhi-based brokerage from selling shares of Dewan Housing Finance Corporation (DHFL). The […]
NBFCs need to strengthen risk management framework: Assocham
With the recent regulatory changes and the government’s initiatives altering the operating mechanism a report Thursday suggested that there is a need for […]