Sebi officer tests covid-19 positive, headquarters shut till 10 May

MUMBAI, May 8 -- An assistant general manager working with Securities and Exchange Board of India (Sebi) has tested positive for covid-19, prompting the markets regulator to shut its headquarters for ... Read More

Franklin Templeton apologises to Sebi

MUMBAI, May 8 -- Franklin Templeton India issued an apology to Securities and Exchange Board of India (Sebi) 'on any unintended slight caused to the regulator'. The market regulator was miffed over Fr... Read More

Sebi asks Franklin Templeton to focus on refunding investors' money

Mumbai, May 7 -- Franklin Templeton global president Jennifer M. Johnson's statement on regulatory reasons behind shutting down its six debt schemes in India has not gone down well with Securities and... Read More

AMFI defends Sebi cap on investment in unlisted bonds

Mumbai, May 7 -- A day after Franklin Templeton global president's statement on regulatory reasons behind shutting down of 6 debt schemes became public, Association of Mutual Fund in India (AMFI) defe... Read More

Corporate affairs ministry allows companies to hold AGMs via video conferencing

MUMBAI, May 6 -- The Ministry of Corporate Affairs (MCA) on Tuesday allowed companies to hold annual general meetings (AGMs) through video conferencing (VC) or any other audio-visual means during 2020... Read More

Franklin Templeton starts getting prepayments from bond issuers

MUMBAI, May 6 -- Franklin Templeton India's six debt schemes, which wound up on 23 April, have received around Rs.2,000 crore in repayments/prepayments from underlying bonds, according to two people w... Read More

ED files charge-sheet against Kapoor family in Yes Bank case

Mumbai, May 6 -- The Enforcement Directorate on Wednesday filed its first charge-sheet in the Yes Bank money laundering case against eight entities in a special court in Mumbai. Kapoor, his wife and ... Read More

Distributor body urges RBI to buy illiquid bonds from fund houses

Mumbai, May 5 -- Foundation of Independent Financial advisors (FIFA) has written to finance ministry, Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi) urging that central ban... Read More

Franklin Templeton seeks outside advisers to wind down credit-risk funds

Mumbai, May 4 -- Asset manager Franklin Templeton's India unit is in the process of appointing an independent adviser to aid the winding-up of its six yield-oriented, managed credit funds. The six sc... Read More

Redemptions in credit risk funds taper after RBI liquidity window

Mumbai, May 3 -- Net redemptions in credit risk funds declined by 81.5% after its peak on 27 April (Monday), which were at Rs.4,294 crore. The redemptions stabilised in the following days of the week,... Read More