Page 10 - Ashley Coutinho

Street signs: MTAR Tech GMP at 25%, RailTel on investor radar, and more

The Nifty index gained as much as 9 per cent after the Budget and the Bank Nifty rallied 20 per cent, before giving up the bulk of the gains last week

Brokers' body asks Sebi for status quo on peak margin norms

Says there have been no reported instances of defaults under the current system

FATF commends Mauritius for progress on action plan despite pandemic

This has raised hopes that the country will be able to come out of the grey list some time this year

IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs

Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1

F&O volumes likely to decline 30% on tighter peak margin regulation

Retail participation in the F&O segment - especially that for options writers on expiry days - has already been impacted owing to these norms, which became effective from December 1

Wealthy PF investors may opt for debt funds as Budget changes tax rule

Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021

Schneider-Sebi spat: Bombay HC redirects firm to SAT in delisting case

Court asks SAT to look at new appeal without being influenced by its earlier order of November 26, 2019; Sebi told not to take any coercive action against firm for three weeks

Fund houses in a bind over Sebi's dividend diktat; Amfi sets up committee

There is also uncertainty on whether investors will be able to adjust the cost of acquisition of the units and avail of indexation benefits

Domestic mutual funds trim holdings in Reliance Industries, Infosys

This was in a month when the benchmark Sensex retreated 3 per cent

Street signs: Railtel GMP at 30%, Bitcoin mirrors equity, and more

Railtel's Rs 820-crore IPO opens on Tuesday. The offering is entirely an offer for sale by the government.

Union Budget 2021: FPIs may have to wait for dividend tax relief

Firms will examine qualitative factors before extending treaty benefits

SC orders Rs 9,122 cr payment to investors in Franklin's six shut schemes

SBI MF entrusted with disbursing amount, money to be paid in 20 days and parties can move applications in case of difficulties arising out of the process

Cash flow relief: FPIs granted breather on dividend taxation in Budget

Last year's Union Budget had created uncertainty regarding the amount of tax that had to be withheld on dividend paid to non-residents

Street signs: Sebi ups its guard, HNI bets Indigo Paints IPO at risk & more

Given the strict trading restriction a 'short squeeze' strategy is difficult to execute in India.

Incomes of listed brokerages soar in Q3 amid robust client additions

Last year saw rise of 'Robinhood' phenomenon, or direct stock purchases during sharp correction; aggregate brokerage industry income up 8 per cent at Rs 21,000 cr in FY20

MF industry will grow at 20% CAGR for the next five years: Amfi CEO

In a Q&A, N S Venkatesh says there are enough inefficiencies in the market right now, which will help fund managers generate alpha over the index

Majority of equity schemes pare cash positions even as markets soar

According to experts, schemes that were sitting on a lot of cash deployed it after the market crash in March and April

Credit risk fund outflow reduces as yields rise on rally in rates

Offer significant spread over 'AAA' corporate bond funds over 3-yr period

Faster withdrawal of global stimulus can impact markets: Vetri Subramaniam

Without a doubt, fiscal and monetary support across geographies have contributed to this outcome, says Subramaniam

Street signs: Passive boost for equities, NSE consolidates position & more

The grey market premium (GMP) for the maiden offerings of Home First Finance and Stove Kraft is in excess of 25 per cent, said market players