Eipo

A new sense of optimism is running through the economy, said Sebi Chairman UK Sinha. Addressing the media, Sinha said that domestic inflows via mutual fund route are quite positive. He said the market regulator is reaching out to small investors to help them raise capital.

Citizens can use RuPay card to pay RTI fee online

An information seeker is allowed to submit a fee of Rs 10, towards cost of information, via internet banking through SBI and its associated banks. People can also use credit or debit cards of Master or Visa for payment of the fee, he said. "But now RuPay card has also been included as the mode of payment.

Investors to get e-IPO facility at 400 locations soon

Market regulator Sebi today said that the e-IPO facility, which would allow retail investors to submit their bids electronically for initial public offer shares, would be implemented in two phases, with 400 locations to be covered in the first phase by Januuary 1, 2013.

SEBI reforms to increase efficiency of MF industry: Kudva

Vivek Kudva of Franklin Templeton Investments hails this as a positive move and believes this will help the asset management companies, distribution companies as well as the investors.

'SEBI move to structurally alter nature of MF industry'

The market regulator granted asset management companies (AMCs) flexibility on fees by allowing them to charge up to 30 basis points more as total expense ratio (TER) across schemes from inflows from smaller towns beyond the top 15 cities. S Ramesh, Joint MD of Kotak Investment Banking and Puneet Chaddha CEO of HSBC AMC welcome this move.