Page 34 - Sachin P Mampatta

Taking a step back helped beat competition: Fund Manager Shreyash Devalkar

Shreyash Devalkar of Axis Mutual Fund was able to deliver enviable returns by moving away from the herd even as mid- and small-caps struggled

AIFs may find limited relief in Sitharaman's latest round of announcements

Some investments see reprieve only for foreign investors, not AIFs

Wealth managers unearth value in smaller towns to beat the slowdown blues

Markets like Raipur and Mangaluru, where people are more cash-rich, offer opportunities that bigger cities don't

Structured products gain in popularity as market volatility increases

The net outstanding value of such issuances has risen to over Rs 23,068 crore

Indian hedge funds underperform in July, China funds fare better

July's performance came in the midst of better returns elsewhere in the world

Govt's reform push: Business income may also see surcharge relief

Taxes had risen for foreign portfolio investors (FPIs) and others following surcharges introduced in the Budget

Mutual fund penetration poor in most states; way below global average

Many have mutual fund assets which are less than 2% of economic output

India's economic growth was negative more often before 1947 than after

The average growth in the 50 years leading to Independence was 0.06%

Good times: Titan adds shine to Rakesh Jhunjhunwala's portfolio

While analysts are positive on Titan, it has been seeing some headwinds

V G Siddhartha's financials stayed weak after selling his Mindtree stake

Promoter's pledge has been above 70% since December 2018

Number of companies without a single independent director on the rise again

Several of these companies have gone bankrupt and are under the resolution process

Number of pending appeals at Securities Appellate Tribunal rise 70% in FY19

The ratio of appeals dismissed to those decided in favour of Sebi shows a decline. There were 18 appeals in favour of Sebi for every order passed against it in FY18. The ratio has since dropped to 5.5

Abuse of RPTs continues to pose serious governance challenges in boardroom

The value of transactions with the potential for RPT conflicts exceeded Rs 2.8 trillion in 2018-19

Five years on, Sec 151 on small-shareholder directors makes little headway

Efforts have been few and far between since 2014, when the section was introduced; combo of entrenched promoters and onerous curbs may have stifled a provision meant to empower such shareholders

At 48.3% in 2018, corporate taxes in India among highest in the world

The combined corporate tax rate in India is more than one-and-a-half times that of Japan, and over double that of Russia and the UK: Report

India adds 5 mn investors in 1 yr, internet helps small cities put in money

Increased use of institutional investment methods might also affect the number, said experts

Employees of more companies seem to be looking to buy out promoter stakes

Financial services and asset management firms see such more buyouts

Aviation to telecom: New accounting norms may alter debt math of companies

Companies will have to treat their obligation to meet long-standing operational expenses as debt liabilities.

Sebi hit the brakes on 'free of cost' transfers for FPIs in past year

An FPI could earlier transfer assets between its arms, in the wake of a merger of schemes or similar reorganisation, through an application to the markets regulator

NSE cash market trades on cell phones up 10x since 2014, BSE deals up 20%

Data penetration has helped lower costs for brokers as more customers go mobile