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AIF industry moots relevant fund manager experience for new asset class, not just absolute

BUSINESS

AIF industry moots relevant fund manager experience for new asset class, not just absolute

Other suggestions include variants of long-short equity like a equity market neutral and global macro strategies.

Bharti Airtel Q1 Preview: Revenue to increase 3.1% due to recovery in Africa and India business

BUSINESS

Bharti Airtel Q1 Preview: Revenue to increase 3.1% due to recovery in Africa and India business

The most optimistic estimate sees Bharti Airtel's net profit jumping 114 percent YoY and the most pessimistic projection suggests that net profit will increase 36 percent on a YoY basis.

SBI Q1 preview: Net profit likely to remain flat at Rs 16,999 crore

BUSINESS

SBI Q1 preview: Net profit likely to remain flat at Rs 16,999 crore

The most optimistic estimate sees SBI's net profit jumping 1.8 percent YoY and the most pessimistic projection suggests that net profit will fall 0.2 percent on a YoY basis.

A mix of market reforms that could help investors save Rs 3,900 crore annually

BUSINESS

A mix of market reforms that could help investors save Rs 3,900 crore annually

The introduction of ASBA-based trading in secondary markets will unlock Rs 2,800 crore worth of benefit to investors annually, as per the NSE analysis.

Here's how much money Radhakishan Damani made in UltraTech Cement-India Cements deal

BUSINESS

Here's how much money Radhakishan Damani made in UltraTech Cement-India Cements deal

Data compiled by Moneycontrol shows that Damani, along with his relatives and investment companies, has been consistently increasing his stake in the cement major over the years with his total acquisition price expected to be in the range of Rs 600-700 crore.

Bahot der ho gayi : Buch calls for mandatory ASBA by qualified stock brokers

BUSINESS

Bahot der ho gayi : Buch calls for mandatory ASBA by qualified stock brokers

Sebi on March 29 had given a green signal for ASBA facility for the secondary market. Currently, ASBA is optional for brokers and investors.

Pati, Patni Aur Taxmen: Sebi study on women's trading success has a hidden story

BUSINESS

Pati, Patni Aur Taxmen: Sebi study on women's trading success has a hidden story

Market insiders told Moneycontrol that there is another way of looking at the data, which paints women traders in a less flattering light

PSU workers see more injuries, have fewer trained staff compared to private firms, says report

BUSINESS

PSU workers see more injuries, have fewer trained staff compared to private firms, says report

Average fatalities were the highest in oil, gas, energy, and allied services at 5. Further, average fatalities were at 1.7 for services and 1.3 for utilities, said the report.

Tying the knot pays off: Married traders make more money than bachelors

BUSINESS

Tying the knot pays off: Married traders make more money than bachelors

Sebi study shows 7 out of 10 intra-day traders lose money, but some are better-off

MC Exclusive : Be extra cautious while approving SME IPOs, Sebi tells exchanges

BUSINESS

MC Exclusive : Be extra cautious while approving SME IPOs, Sebi tells exchanges

According to persons familiar with the development, the capital market watchdog has told the bourses to enhance the level of due diligence done while vetting these documents even if it leads to a slowdown in terms of the pace of approvals for SME IPOs.

Shriram Finance Q1 preview : Net profit likely to increase 17% in Q1FY25

BUSINESS

Shriram Finance Q1 preview : Net profit likely to increase 17% in Q1FY25

Net revenue, however, is likely to fall 37.3 percent to Rs 5,000 crore in the June quarter.

Five key stocks expected to benefit from the Budget

BUSINESS

Five key stocks expected to benefit from the Budget

Godrej Agrovet, Titan Company, Teamlease Services, Adani Wilmar, and Borossil Renewables are set to benefit directly from today's budget announcements.

Clearing corporations of NSE, BSE have 'fridge-like' backup for risk management: Sebi's Madhabi Buch

BUSINESS

Clearing corporations of NSE, BSE have 'fridge-like' backup for risk management: Sebi's Madhabi Buch

Sebi's Chairperson used a familiar household event to describe the backup system set up to handle technological glitches at the bourses

Sector Watch: Brokerages hope Budget does not hike STT, LTCG

BUSINESS

Sector Watch: Brokerages hope Budget does not hike STT, LTCG

Market insiders told Moneycontrol that if STT is increased it will lower the volumes because traders would not trade as frequently as they do now as the overall trading costs would go up.

MC Survey: CEOs anticipate stable corporate tax regime in budget

BUSINESS

MC Survey: CEOs anticipate stable corporate tax regime in budget

Currently, under Section 115BAB, newly established domestic manufacturing companies are subject to a reduced tax rate of 15 percent on their total income.

Mutual Fund industry seeks tax parity with ULIPs in Budget 2024

BUSINESS

Mutual Fund industry seeks tax parity with ULIPs in Budget 2024

Finance Minister Nirmala Sitharaman will announce the Budget for FY24-25 on July 23.

AIF body to propose flexible strategies for schemes aimed at accredited investors

BUSINESS

AIF body to propose flexible strategies for schemes aimed at accredited investors

Among the suggestions to be made by the Indian Venture and Alternate Capital Association (IVCA) include increasing the minimum exposure limit that AIF funds can have to derivatives.

Rising compliance costs, processes stifling smaller PMS funds, say portfolio managers

BUSINESS

Rising compliance costs, processes stifling smaller PMS funds, say portfolio managers

Smaller PMS players are finding cumbersome compliance processes and related costs stifling growth and skewing the playing field in favour of larger players.

AIF fund managers seek higher F&O exposure, separate category of high risk funds

BUSINESS

AIF fund managers seek higher F&O exposure, separate category of high risk funds

Market experts said the main reason for SEBI capping derivatives exposure for AIFs and MFs is that they handle public money. But some AIF money managers counter that saying there should be a level playing field between AIFs and FPIs, because both are regulated by Sebi and both raise money from sophisticated investors.

Five stocks Saurabh Mukherjea is betting on

BUSINESS

Five stocks Saurabh Mukherjea is betting on

Mukherjea is betting on stocks that are gaining market share from the unorganised segment and those diversifying smartly.

Andar ki baat: Saurabh Mukherjea swaps Jockey's Rs 200 innerwear for Zudio's Rs 100 ones, confident of making millions from the emerging trend

BUSINESS

Andar ki baat: Saurabh Mukherjea swaps Jockey's Rs 200 innerwear for Zudio's Rs 100 ones, confident of making millions from the emerging trend

Trent, which owns the Zudio brand, is a play on a nimble-footed innovative challenger brand that is taking away market share from local players.

Identify mischiefs and tell us, Sebi chief Buch tells PMS players

BUSINESS

Identify mischiefs and tell us, Sebi chief Buch tells PMS players

The banker-turned-regulator made it clear that such reporting of those indulging in wrongful conduct is in the "self-interest" of the market participant.

Get ready for higher brokerage charges under Sebi's new diktat

BUSINESS

Get ready for higher brokerage charges under Sebi's new diktat

On July 1, the Securities and Exchange Board of India issued a circular, stating that market infrastructure institutions, which include stock exchanges, depositories and clearing corporations, should charge a uniform fee from their members and not offer any rebate for bringing more volume.

Defence component supplier TechEra Engineering to raise Rs 35 crore via IPO

BUSINESS

Defence component supplier TechEra Engineering to raise Rs 35 crore via IPO

The price band is estimated to be in the range of Rs 75-80 and the company is looking to list by the second half of July, according to a person familiar with the process.

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