Category: Mutual Fund

adminMay 25, 2021
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2min00
New Delhi : The Securities and Exchange Board of India (SEBI) on Friday allowed mutual funds (MFs) and portfolio managers to invest in commodity derivatives to strengthen the market offerings and attract more players. “The Board deliberated and approved the proposal contained in the memorandum to enable the participation by mutual funds and portfolio managers […]

adminMay 25, 2021
SEBI.jpg

2min00
Mumbai : Capital markets regulator SEBI on Monday granted relaxation to non-residents from furnishing PAN card details to transfer equity shares to their immediate relatives subject to conditions. According to the SEBI, many non-residents such as Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), Persons of Indian Origin (PIOs) and foreign nationals have been facing […]

adminMay 25, 2021
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4min00
Chennai, (IANS) : The merger of Max Life Insurance Company Ltd with HDFC Standard Life Insurance Company Ltd has hit the regulatory block with the insurance regulator expressing reservations on the proposed scheme, Max Financial Services said on Saturday. In a regulatory filing in BSE, Max Financial Services Ltd said the Insurance Regulatory and Development […]

adminMay 25, 2021
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5min00
New Delhi:(IANS) In a reformist move to attract more foreign investment and simplify the norms, India on Thursday clubbed the categories under which capital flows into domestic companies from abroad, to determine the compliance towards overseas equity cap imposed in some sectors. In a decision taken by the union cabinet at a meeting presided over […]


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