Page 16 - Ashley Coutinho

Insurance companies turn net buyers of equities after eight years

Sustained buying by them adds heft to market rally

Covid-19 impact: IPO slump stonewalls private equity exits in H1 2020

Public market sales accounted for 80 per cent of the exit value in H1 2020, mainly due to SBI Cards' $1.4 billion IPO

Earnings visibility poor for next few quarters: Dy CIO of Nippon India MF

In a Q&A, Sailesh Raj Bhan says mid and small-caps look attractive from a 3-5 year perspective; bets on two-wheelers, pharma, telecom, utilities

Markets nudge higher but fund managers have task cut out in assessing firms

'Disconnect between market and macro reality' makes all estimates about companies a risky business, say analysts.

PE, VCs seek one-time tax holiday to tide over Covid-induced crisis

Want no long-term capital gains tax for two years on investments held for 36 months; EY India sees 45-60% contraction in Indian PE/VC investment activity this year from record highs of 2019

FPI registrations decline as coronavirus pandemic hits market sentiment

The pandemic erased more than $18 trillion from global markets over the course of February and March 2020, before a recovery in April and the subsequent months

Mega deals see global funds grab lion's share of PE, VC investment in India

The bulk of the $9.5 billion invested in Jio Platforms until June 30, for instance, was from global investors, including sovereign wealth funds

Equity fund raising activity surges 52%, fee pool declines in H12020

ECM underwriting fees stood at $96 million in H1, 6.7% lower than the corresponding period in 2019

PE-VC fundraising plunges 94% in Q1: outlook for second half remains bleak

Fund raising in the June quarter dipped to $171 million, a 94 per cent decline over $2.75 billion raised last year

Tax authorities accessed 84 million offshore accounts in 2019: OECD

Nearly 100 countries carried out automatic exchange of information last year, covering total assets of 10 trillion euros

Broad-based criteria for safe harbour to apply to category-II FPIs

May dissuade these investors from delegating fund management responsibilities to Indian managers

Retirement is priority for just 18% of Indian investors, says study

About 78 per cent of Indian investors would lose trust in their adviser after one year of poor performance, as compared to 40 per cent of investors globally

Street signs: Nifty seen in 9,600-11,000 zone in July, LIC IPO, and more

10,500-10,700 may act as a strong resistance going forward, considering that foreign investors may book profits at higher levels

UTI AMC yet to resolve pension issue of former staff as IPO nears

Employee association plan to move court if corrective action is not taken

AIFs may gain at the expense of MFs with market poised for shift in favour

Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions

RBI refuses a dozen licences to NBFCs with investments from Mauritius

PE, VC funds domiciled in the island nation on the radar

Talks on to adopt BEPS minimum standards in tax treaty: Mauritius minister

Under the cooperation agreement signed between the FSC and SEBI, the two regulators work very closely together on an ongoing basis, says Seeruttun Maheen Kumar

EU's revised list includes Mauritius among high risk jurisdictions

Impact on India investments via Mauritius likely to be minimal

Stock exchanges turn to Centre, state govts to fund SME share sales

The plea comes at a time when coronavirus pandemic has crippled business activity, with SMEs being the worst-hit

Hong Kong may come under new FDI rules; custodians to seek clarity

A few days back, the Finance Ministry had notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India