01/20/2015
Rajiv Gandhi Equity Scheme appears complex; norms onerous for investors
This investment in RGESS can be made over and above the Rs 1.5 lakh limit available under Section 80C.
Alternative Investments
01/20/2015
Amagi Media Labs raises funds from Premji Invest,Mayfield Fund
Amagi Media runs the country's largest geo-targeted ad network.
01/20/2015
Religare offers loans to e-com traders
Religare Finvest, which specializes in SME funding, has taken a lead in this emerging space
01/20/2015
Old Mutual brings Greater China fund in-house
The fund had been run on a sub-advised basis by Australian-based firm Metisq Capital since 2012, but Old Mutual has now decided to run the fund itself.
01/20/2015
QBE to sell off North American assets in $US300m deal
The sale of the US businesses, which include Community Association Underwriters, Deep South and SIU, represents an EBITDA multiple of about 12 times, the company said in a statement to the ASX on Tuesday.
01/20/2015
Union files suit to avoid ‘unilateral' integration
The FSC confirmed Tuesday it had received the documents a day earlier from Hana Financial for the integration of the two banks.
01/20/2015
Contineo Launches Supermarket for Structured Products in Asia
Tech Firm Aims to Improve Transparency and Efficiency of Products Amid Rising Demand
01/20/2015
Itochu, CP in Deal to Take $10.4 Billion Stake in Citic
Deal Is One of the Biggest Foreign Investments in a Chinese State-Owned Company
01/19/2015
Global players exiting Indian mutual fund sector
The last few years have seen several international firms exit the Indian mutual fund sector.
01/19/2015
Alibaba to launch ‘Big Data’ stock market index
Index to use Alipay weightings to calculate individual stock positions
01/19/2015
Nomura launches US Dollar and Euro-hedged Nikkei 225 ETFs
Nomura, Asia’s global investment bank, today launched the “Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund” and the “Nomura Nikkei 225 US Dollar-Hedged UCITS Exchange Traded Fund”.
01/19/2015
Reliance Capital eyes Goldman Sachs' mutual fund business in India
As on December 31, 2014, Goldman Sachs Asset Management Co (India) Ltd had just around $1.1 billion in assets under management
01/19/2015
Pre-Budget recommendations on offshore funds
A recent clarification issued to Foreign Portfolio Investors clarified that fund managers of FPIs who are present in India would not be treated as permanent establishments in India, addressing the concern that the FPIs may be taxable in India to the exten
01/19/2015
UK to 'quadruple' investment in China within five years
UK investors are set to go on an investment bonanza in China, contributing £26bn to its economy by 2020
01/19/2015
Majority of retired Indians prefer bank deposits for income
Most Indians rely heavily on cash deposits and second property to generate post-retirement
01/18/2015
Myanmar’s Investment Drive Hampered by Skills Shortage
Finding enough workers to staff the factories may be a challenge
01/18/2015
China moves to make pension system fairer
In new details released on Wednesday, Beijing said it has abolished its dual-track pension system that previously favoured civil servants and discriminated against private-sector workers
01/18/2015
1MDB IPO delayed amid debt and Krishnan stake talks: Sources
1MDB missed two repayment deadlines for a 2 billion ringgit
01/18/2015
Global players exiting Indian mutual fund sector
While the total assets of the Indian mutual fund sector rose by a hefty 26pc in 2014, breaching the Rs11trn-mark for the first time, international fund houses are gradually exiting the sector, selling off their assets to Indian funds.
01/16/2015
J.P. Morgan acquires Asia REIT platform
The current Aviva Asia Pacific real estate team will join J.P. Morgan's 400 strong global real assets team.