Page 3 - Assets

'Most JP Morgan index clients to invest directly in Indian govt bonds'

India's inclusion in global bond indices was discussed for nearly a decade before the inclusion in the widely tracked JP Morgan index was finally announced last September

Insurers to invest more in private credit market: Moody's Ratings report

In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit

360 ONE Asset bets big on health care, technology, and financial services

Nath said its secondaries fund is India's first which is addressing a massive, untapped market, building on a strong relevant track record

Asset famine in China limits central bank's bond trading ambitions

People's Bank of China (PBOC) pledged recently to add treasury bond buying and selling to its toolkit, to improve an increasingly flawed monetary policy transmission mechanism

Battleground 2024: PM Modi's assets saw smaller uptick in second term

The growth rate is also lower than has previously been seen during his tenure as Gujarat CM

ED attaches assets worth Rs 205 crore in Chhattisgarh liquor scam

The Enforcement Directorate on Friday said it has attached assets worth over Rs 205 crore of retired Chhattisgarh IAS officer Anil Tuteja, the elder brother of the Raipur Mayor and some others in a money laundering probe linked to an alleged liquor scam in the state. The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth of Rs 116.16 crore, properties in respect of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties in respect of Arvind Singh worth Rs 12.99 crore, the agency said in a statement. A property of Arunpati Tripathi, an Indian Telecom Service (ITS) officer and special secretary of the excise department, worth Rs 1.35 crore, nine properties of Trilok Singh Dhillon worth Rs 28.13 crore, jewellery worth Rs 27.96 crore of Naveen Kedia and movable properties worth Rs 1.2 crore of Asheesh Saurabh Kedia/Dishita Ventures Pvt. Ltd. have been ...

Morth raises Rs 40,314 crore via asset monetisation in financial year 2024

The Ministry of Road Transport and Highways (MoRTH) has raised Rs 40,314 crore through various modes of asset monetisation in financial year 2023-24, against the target of Rs 28,968 crore, a senior government official said on Tuesday. The ministry had raised Rs 15,968 crore through monetisation of 4 toll-operate-transfer (TOT) bundles, Rs 15,700 crore through Infrastructure Investment Trust (InvIT) and Rs 8,646 crore through securitisation, the official told PTI. The ministry had raised Rs 32,855 crore in 2022-23 through various modes of asset monetisation. Currently, MoRTH monetises its assets under three different modes -- toll-operate-transfer (TOT) model, Infrastructure Investment Trust (InvIT) and project-based financing, in order to provide all categories of investors an opportunity to invest in assets pertaining to highways and associated infrastructure. Infrastructure Investment Trust (InvIT) is an instrument on the pattern of mutual funds, designed to pool money from ...

Isarel's central bank registers $8 billion growth in assets in 2023

The increase on the assets, explained the Bank, derived primarily from the increase of $47.7 billion Shekels ($13 billion) in the assets abroad item

From domestic to global asset pricing

Global asset pricing has interesting implications for investors and firms

Cows, gold rings, treadmill in Nitish's list of assets worth Rs 1.64 crore

Bihar Chief Minister Nitish Kumar owns assets worth Rs 1.64 crore, according to his latest public disclosure. According to details of the assets of the chief minister and his cabinet colleagues posted on the Cabinet Secretariat Department's website on Sunday evening, Kumar has Rs 22,552 in cash, and deposits of Rs 49,202 in different bank accounts. He also has a Ford Ecosport car worth Rs 11.32 lakh, two gold rings and a silver ring worth Rs 1.28 lakh, and other movable assets such as 13 cows and 10 calfs worth Rs 1.45 lakh, a treadmill, an exercise cycle and a microwave oven. The only immovable property that he has is an apartment in Dwarka in New Delhi, which cost him Rs 13.78 lakh in 2004, and is now worth Rs 1.48 crore. Last year, Kumar had declared total assets of Rs 75.53 lakh. A comparison of the two disclosures showed that the jump in the value of assets was primarily due to the rise in the worth of his Delhi apartment. Kumar's government has made it mandatory for all cabi

SP declares highest assets among regional parties, BRS second: ADR

Samajwadi Party declared the highest assets among regional parties in the year 2021-22, followed by the Bharat Rashtra Samithi, a report by a democratic reform think tank said. According to Association for Democratic Reforms, during the financial year 2020-21, SP declared assets totalling Rs 561.46 crore, which increased by 1.23 per cent to Rs 568.369 crore in 2021-22. The party was followed by BRS which declared total assets of Rs 319.55 crore in FY 2020-21 and Rs 512.24 crore in FY 2021-22. Between the two years, the total assets of DMK, BJD, and JD(U) increased by 95 per cent. The Dravida Munnetra Kazhagam declared assets worth Rs 115.708 crore in 2020-21, which increased by 244.88 per cent to over Rs 399 crore in 2021-22. The Biju Janata Dal had declared assets worth over Rs 194 crore in 2020-21, which increased by 143 per cent to Rs 474 crore in 2021-22, while JD(US) declared assets worth Rs 86 crore in 2020-21, which went up by over 95 per cent to Rs 168 crore in 2021-22. I

Multi-asset funds offer considerable relief in the choppy waters

Another expert termed Nippon India Multi Asset Fund as an example of a true multi-asset fund, saying this fund believes in classical asset allocation

Poll tracker: Assets of Chhattisgarh MLAs rose up to 3,340%, shows ADR data

This is according to an analysis of self-sworn affidavits of 66 re-contesting MLAs in the 90-member assembly by ADR

UBS Group decides to exit $5 bn in assets it manages for rich customers

UBS's newly created wind-down unit, known as Non-core and Legacy, widened its quarterly pretax loss to $1.93 billion in the quarter from $478 million in the previous period

An update on global capital

A significant shift in international investment dynamics is underway

Discoms propose asset monetisation to charge up working capital needs

The move comes at a time when states are facing record power demand

National parties declare assets worth Rs 8,829 cr in 2021-22: ADR

The total assets declared by eight national parties in 2021-22 was Rs 8,829.16 crore, up from Rs 7,297.62 crore during 2020-21, poll rights body ADR said in its report. The Association for Democratic Reforms, an electoral reform advocacy group, in its report analysed the assets and liabilities declared by the BJP, INC, NCP, BSP, CPI, CPI(M), AITC and NPEP the eight national parties for FY 2020-21 and 2021-22. In financial year 2020-21, the BJP declared assets worth Rs 4,990 crore, up by 21.17 per cent to Rs 6,046.81 crore in 2021-22. According to the ADR, in 2020-21, the declared assets of Congress was Rs 691.11 crore, which shot up by 16.58 per cent to Rs 805.68 crore in 2021-22. The BSP was the only national party to show a decrease in its annual declared assets, its report said. The total assets of BSP between 2020-21 and 2021-22 decreased by 5.74 per cent from Rs 732.79 crore to Rs 690.71 crore. The total assets of TMC increased from Rs 182.001 crore in 2020-21 to Rs 458.1

Tata Power to sell some overseas assets, may raise up to Rs 2.5K crore

May raise up to Rs 2,500 cr by selling some assets in Indonesia and Zambia

A first: NLMC prepares groundwork for DRT-like bid of assets by September

Asset transfers to the corporation are getting held up due to delay in clearance by states

JSW Steel eyes coking coal assets to beef up raw material security

Target is to have 25% linkages in the next few yrs: Acharya