APREA seeks RBI nod for overseas funds debt investment in REITs, InvITs
SEBI regulations already permit REIT, InvITs' debt issuance to foreign portfolio investors. Finance Minister Nirmala Sitharaman, in Union Budget 2019, had already allowed foreign portfolio investors (FPI) to invest in REITs and InvITs but the enabling mechanism has not yet been put in place.
91springboard raises Rs 45 crore in fresh funding
As soon as the lockdown was announced in March, 91springboard had paused it’s billing cycle...
Maharashtra, Delhi given maximum Ventilators Procured from PM-CARES fund
The PM CARES Fund Trust has allocated Rs 2000 crore for supply of 50...
NSE-BSE bulk deals: Dovetail India Fund cuts stake in Tourism Finance Corp
Here’s who bought and sold what in some of the key bulk and block deals of the day.
Geojit in talks to acquire online MF distributor Funds India
South-based brokerage in talks with investors, including HDFC Chairman Deepak Parekh’s son Aditya Parekh
New woes for SoftBank's Son: Wirecard may go the WeWork way
As Wirecard drama unfolds, it may well turn into this year's WeWork, another PR disaster for Son.
Fintech firm slice raises Rs 46 crore in funding led by Japan-based Gunosy
The pre-series B round also saw participation from US-based EMVC, Kunal Shah of CRED, Better Capital and existing investor, Das Capital.
World’s fifth-largest reserves buffer gives India some comfort
The level of reserves is enough to cover 13 months of imports and is equivalent to a fifth of the country’s GDP.
Best value funds to invest in 2020
Value investors are always trying to buy stocks that they believe are undervalued in the market. They hope that the market may realise or discover the true value of these stocks one day.
How safe is your index fund?
Index funds and ETFs mirror the index they track. So, the safety that you get in an index fund is relative and is directly proportional to the risk associated with the index.
Stock market update: 4 stocks hit 52-week lows on NSE
However, Axis Bank, Asian Paints, Eicher Motors, Vedanta and UPL were among the top losers.
Jean Castex named as new French prime minister
The relatively low-profile Castex replaces Edouard Philippe, who resigned earlier in the day. Macron is reshuffling the government to focus on restarting the economy after months of lockdown.
Government proposes restrictions on foreign investment in pension funds
Foreign investment in pension funds is governed by the Pension Fund Regulatory and Development Authority and is capped at 49% via the automatic route.
India's Bharti and UK win auction for satellite operator OneWeb: Report
OneWeb filed for Chapter 11 bankruptcy at the end of March after its biggest investor SoftBank Group Corp pulled funding, with an auction held on Thursday.
What are gilt funds?
Gilt funds are debt funds that invest in government securities. The government bonds used to be issued in golden-edged certificates. The nickname gilt comes from gilded edge certificates.
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