RBI talking to Sebi, Irdai to make AMCs, insurers part of ICA

Mumbai: To further ease the resolution of stressed assets, the Reserve Bank is in discussions with its counterparts Sebi and Irdai to allow asset management companies and insurers to become part of the...

Burford Capital shares down 65% in further blow to Neil Woodford

The fund manager Neil Woodford has been dealt a new blow after nearly £2bn was wiped off the value of Burford Capital, the second largest holding in his suspended flagship fund. Shares in Burford...

Major debt fund overhaul on the cards at Aug 21 Sebi board meet

Mumbai: The Securities and Exchange Board of India (Sebi) is set to meet on August 21 to further strengthen regulations for debt mutual funds, ETNOW reported on Tuesday. The markets regulator is likely to...

Global equity ETFs back in black as inflows hit €7bn in July

Latest monthly flows from TrackInsight July saw a reversal of fortunes for global stocks ETFs, which enjoyed inflows of €7bn during the month after suffering outflows of €359m in June, according to TrackInsight data. Stronger...

Coffee Day new management to offer more shares as collateral

MUMBAI: The new management of Coffee Day Enterprises (CDE) has promised to offer additional shares as collateral to bond investors after its stock price fell as much as 60per cent in the past...

Don’t Fall Into the Weak-Dollar Trap

(Bloomberg Opinion) -- Like most people, I aim to avoid existential dread. I try not to think...