The Nifty Energy Index is currently trading within a well-defined range between 39,700 and 38,150
Posts in category Business Standard
Nandish Shah of HDFC Securities suggests ‘Bull Spread’ strategy on Syngene (08-11-2024)
Short term trend of the Syngene remains strong as it is placed above its 5. 11 and 20 day EMA.
Market regulator Sebi may water down skin-in-game rules for MF executives (07-11-2024)
Sebi has proposed to reduce the minimum mandatory investment requirement for the designated MF employees, especially those with lower in-hand salary
BS BFSI Summit: ‘Markets polarised with pockets of bubble and value’ (07-11-2024)
While markets have retreated from their peaks, earnings growth expectations have also moderated, effectively neutralising the impact on valuations, warn money managers
BS BFSI Summit: ‘Markets polarised with pockets of bubble and value’ (07-11-2024)
While markets have retreated from their peaks, earnings growth expectations have also moderated, effectively neutralising the impact on valuations, warn money managers
Sebi mulls allaying concerns on ‘skin in the game’ rule for MF employees (07-11-2024)
To address concerns about the “skin in the game” rule for designated employees of mutual funds, Sebi on Thursday proposed reducing the mandatory investment percentage, applying it based on salary brackets, and excluding non-cash components like ESOPs from the minimum investment calculation.
The proposals aimed at easing compliance, particularly for employees with lower CTCs and those in operational roles.
At present, AMC employees such as the CEO, CIO, and fund managers are required to invest 20 per cent of their annual salary and perks in the mutual funds they manage. This amount is locked in for three years.
In its consultation paper, Sebi has proposed that the “minimum mandatory investment amount may be reduced from 20 per cent and made applicable slab-wise, based on the CTC of the employees”.
Employees earning below Rs 25 lakh would have no mandatory investment, while those with a CTC between Rs 25-50 lakh would invest 10 per cent, those between Rs 50 lakh-1 crore would invest
Sebi mulls allaying concerns on ‘skin in the game’ rule for MF employees (07-11-2024)
To address concerns about the “skin in the game” rule for designated employees of mutual funds, Sebi on Thursday proposed reducing the mandatory investment percentage, applying it based on salary brackets, and excluding non-cash components like ESOPs from the minimum investment calculation.
The proposals aimed at easing compliance, particularly for employees with lower CTCs and those in operational roles.
At present, AMC employees such as the CEO, CIO, and fund managers are required to invest 20 per cent of their annual salary and perks in the mutual funds they manage. This amount is locked in for three years.
In its consultation paper, Sebi has proposed that the “minimum mandatory investment amount may be reduced from 20 per cent and made applicable slab-wise, based on the CTC of the employees”.
Employees earning below Rs 25 lakh would have no mandatory investment, while those with a CTC between Rs 25-50 lakh would invest 10 per cent, those between Rs 50 lakh-1 crore would invest
BFSI Summit: Backed by structural factors, MFs set for consistent growth (07-11-2024)
Top MF CEOs see AUM reaching Rs 100 trillion in next 2-3 years
BS BFSI Summit: Rs 100 trillion AUM just 3-4 years away, say MF CEOs (07-11-2024)
The AUM has doubled in the past three years and is currently around Rs 67 trillion
Swiggy IPO receives 35% subscription on second day of share offering (07-11-2024)
The company is aiming to garner Rs 11,327 crore from the IPO, which has a fresh issue of shares worth Rs 4,499 crore, along with an offer for sale (OFS) of Rs 6,828 crore