Buckling under pressure from distributors, mutual fund industry body Amfi is lobbying hard to dispense with a proposed move to make it mandatory to disclose individual agent commission in the account statements sent to investors, but regulator Sebi is firm on its stand.
Mahindra Asset Management Company has received markets regulator Sebi's approval for setting up of mutual fund business.
Mahindra AMC a wholly-owned subsidiary of Mahindra & Mahindra Financial Services (MMFS)
Quess Corp, a staffing services and business solutions provider co-promoted by Thomas Cook India, has approached markets regulator Sebi for an initial public offer (IPO) to raise Rs 400 crore.
Capital markets watchdog Sebi is examining past violation by RBL Bank (formerly known as Ratnakar Bank) as the private sector lender awaits approval for its initial public offering.
Quess Corp, the staffing services firm owned by Thomas Cook (India) Ltd, has filed draft papers with capital markets regulator Sebi to raise Rs 400 crore through an initial public
Capital markets regulator Sebi has sought clarification from merchant bankers of three companies including Thyrocare Technologies regarding their proposed initial public offerings.
KPR Agrochem and Nihilent Technologies are the other
Sebi has asked all mutual fund houses to provide part of their unuitilsed money in the Investor Protection and Education Fund (IPEF) to industry body Amfi, which will use that
Seeking clarification from mutual funds on allegations of 'dividend stripping', capital markets regulator Sebi chairman U K Sinha said action will be taken against those violating rules.
The government has
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William D. Green
Chairman & CEO, Accenture