With the depository receipts (DR) route under regulatory watch, global securities firms are proposing an alternative instrument for allowing investors access to the Indian stock markets. CNBC-TV18‘s Mitra Joshi reports.
The mutual fund sector has mixed feelings about Budget 2013. While some of them are happy with the liberalisation to the Rajiv Gandhi Equity Savings Scheme (RGESS), others are shocked with the move of hiking Dividend Distribution Tax (DDT) for debt funds. CNBC-TV18‘s Mitra Joshi and Farah Bookwala report.
The insurance sector seems to have mixed feelings for Budget 2013. While the opening up of the bank insurance route has been hailed as a key reform. The lack of additional tax concessions has disappointed insurers.
The government proposed Rajiv Gandhi Equity Savings Scheme (RGESS) is creating a rift amongst mutual fund houses.
SEBI's revival plans for the mutual fund sector have not only garnered mixed reactions from the industry, but created confusion, especially with the implementation of total expense ratio on schemes outside the top fifteen cities.
Global uncertainty and market volatility have not served equity funds well, but mutual fund houses are not complaining. After all, debt funds have become a shining star. CNBC-TV18's Mitra Joshi and Archana Shukla report.
The Indian securitisation market is not seeing any takers especially after pass through certificates came under the tax department's scanner earlier this year. The task of reviving this market now falls on the finance ministry, reports CNBC-TV18's Mitra Joshi and Ashmit Kumar.
The insurance industry is not happy with the second exposure draft on product design and pricing.
'Highest NAV guaranteed products' are the latest controversy to have hit the insurance industry. The Rs 5,000 crore segment is facing regulatory ire with the IRDA looking to ban the products.
As the Budget draws near, every sector wants the Finance Minister to address concerns that threaten the longevity of that industry... and the mutual fund industry is no exception. CNBC-TV18’s Mitra Joshi and Payaswani Upadhyay find out what's on the industry's wishlist.
Market regulator Sebi regulates the mutual fund industry, not just through directives and orders in black and white, but informal understandings as well.
With equity markets having a roller coaster ride this year, the mutual fund space also had its ups and downs. But, with a series of changes brought in by the regulator as well as the govt, it has been an eventful year for AMCs. CNBC-TV18’s Mitra Joshi brings out the annual report card of the MF sector.
Micro-insurance products were introduced in India essentially to benefit the poor in rural areas as part of the financial inclusion programme.
The gloomy economic scenario has not hurt the white-collar internship market one bit, reports CNBC-TV18’s Mitra Joshi and Gopika Gopakumar.
IRDA does a U-Turn giving into industry demand. CNBC-TV18's Sajeet Mangat reports that the insurance regulator has removed guaranteed return and ensured investment in pension products a long-term savings product.
The Insurance Regulatory and Development Authority's pet-project of investor protection is on top of the agenda once again. And this time, its guns are trained on high guaranteed net asset value (NAV) products.
It continues to be a steep learning curve for Everonn Education. After the company's managing director was arrested in bribery and tax evasion case, its largest shareholder also is under the taxman's scanner, reports CNBC-TV18’s Mitra Joshi and Kritika Saxena.
Mutual fund industry body AMFI is pandering to distributors once again. With complaints that distributors could lose out on clients when trading in MFs on the NSE and BSE, AMFI is now setting up MF Utility - an exclusive platform for mutual funds, reports CNBC-TV18's Mitra Joshi.
Contrary to the popular belief, Indian companies have not called a freeze in their recruitment process. It's not only the jobs, but the increments also are on a rise, report CNBC-TV18’s Mitra Joshi and Shruti Rajkumar.
Mutual fund distributors are not happy with the new distribution fees that SEBI has notified. They say this is not enough and are lobbying for the introduction of a variable load structure, reports CNBC-TV18’s Mitra Joshi.
What's a fund without a fund manager? A rudderless ship. And that's the biggest problem the mutual fund industry is grappling with. CNBC-TV18's Mitra Joshi and Vidhi Godiawala report.
Public sector banks are embarking on a hiring spree to make up for a constant loss of talent at many levels.
For a change, SEBI and mutual fund distributors are fighting for the same cause -- simplification of mutual fund products, reports CNBC-TV18’s Mitra Joshi.
The Indian mutual fund industry is not clear of challenges, but that's not keeping foreign players at bay, report CNBC-TV18's Mitra joshi and Priyanka Ghosh.
Mutual fund houses have a big reason to smile right now! With interest rates rising and volatility in the markets, demand for fixed maturity plans (FMPs) has surged. CNBC-TV18's Mitra Joshi and Vidhi Godiawala report.