Calling the contemporary taxation guidelines difficult with appreciate to buyback of stocks with the aid of using companies, the Securities and Exchange Board of India (Sebi) stated it’s far running with the finance ministry to cope with the issue. “Consultation paper stated tax constraints. Our contemporary rules aren’t fair. Right […]
Tag: SEBI
Anil Ambani resigned as Director Reliance Power, Rinfra followed the order of Sebi
Sebi in February Barred Reliance Home Finance Ltd., Industrialist Anil Ambani and three other people from the Sekuritas Market for allegedly sucking funds from the company. The Chairman of the Reliance Group Anil Ambani on Friday resigned as Director of Reliance Power and Reliance Infrastructure, following the Petchets Regulator ordered […]
Why multi-cap mutual funds are new retail investor favourites
The collection counters ofmulti-cap finances have been overflowing in recent months. The rearmost data from assiduity body AMFI shows that the three new fund offers (NFOs) launched by Axis MF, HDFC MF and IDFC MF collected a combined sum of Rs crore. Axis MF’sMulti-cap fund collected Rs crore, while HDFC […]
Sundaram Asset Management receives SEBI’s nod for purchase of Principal AMC in India
Sundaram Asset Management Company Limited, on November 19, announced that he had received regulatory approval for purchasing the asset management business from PVT management of PVP main assets. Ltd. Subsidiaries 100 percent of Sundaram Finance, the company said that he would obtain a scheme managed by the Indian Principal and […]