Page 34 - Sachin P Mampatta

AIF industry eyes Rs 2.9-trillion opportunity in cash-strapped firms

At least two such firms have raised money over the past month, and others are also in talks to do so, said industry sources.

Sebi brass rejig: Changes at the top expected in the next six months

Terms of several senior officials with the regulator drawing to a close

Lower taxes may help home-grown hedge funds attract corporate money

An additional layer of taxes has been removed for companies opting to come under the new corporation regime

$5-trillion economy to double individual wealth to Rs 800 trillion: Karvy

Overall individual wealth is currently estimated to be Rs 430 trillion

HCL's Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution

Azim Premji was second on the list, while Mukesh Ambani came third

Data of nearly 41% Indian companies was stolen last year, says survey

Leaks of internal information and reputational damage due to third-party relationships were among the other key incidents that significantly affected organisations in the past year

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

Avoiding mistakes, betting on quality helped us do better: Anurag Mittal

While Mittal believes that time spent in market is a positive and can be helpful, there is no magic number of between 30 and 35 years at which to set a minimum threshold for experience, as per him

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