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Sebi mulls easing executive remuneration disclosure norms for AMCs
Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages. "This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality," Sebi said in its consultation paper. Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year. Sebinoted that while listed AMCs are already subject
Tata Mutual Fund Curbs Large Inflows Into Gold ETFs Amid Record Surge in Demand
Tata Mutual Fund offers investors two routes to gain exposure to gold ETFs.
Sensex slides 530 pts; Nifty trades below 23,200 level; VIX jumps 7.25%
The Nifty traded below the 23,200 level. Barring the pharma index, all other shares declined on the NSE.
BEL, Tech Mahindra, SBI, NTPC and Power Grid crossed their 200 EMA on Monday; check details - Upstox
BEL, Tech Mahindra, SBI, NTPC and Power Grid crossed their 200 EMA on Monday; check detailsUpstox
TCS, Wipro to Infosys: IT stocks bleed on AI and tech stocks selloff in global markets; Nifty IT dips 2%
The Nifty IT Index decreased by 2% on June 8, primarily due to significant losses in major stocks, particularly Wipro. Conversely, Tech Mahindra and a few others showed gains, helping to soften the index's drop.
Sensex Today Tanks 617 Points | Nifty Below 23,200 | TCS & Tata Steel Top Losers - Equitymaster
Sensex Today Tanks 617 Points | Nifty Below 23,200 | TCS & Tata Steel Top LosersEquitymaster
Sensex Today Tanks 617 Points | Nifty Below 23,200 | TCS & Tata Steel Top Losers - Equitymaster
Sensex Today Tanks 617 Points | Nifty Below 23,200 | TCS & Tata Steel Top LosersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster
INR regains momentum with all eyes on RBI monetary policy
The Indian rupee is regaining some momentum in opening trades on Friday as the global crude oil prices eased and market participants keenly awaited the RBI's MPC decision today. Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. INR opened at Rs 95.72 per dollar and hit a high of 95.63 so far during the day. Yesterday, rupee depreciated 7 paise to close at 95.83 against the US dollar. Local markets opened in the green with investors closely watching the Reserve Bank of India (RBI) monetary policy announcement scheduled for today. The Indian benchmark indices are trading higher today, with the NIFTY 50 hovering around 23,442.30 (+0.11%) and the S&P BSE SENSEX trading at 74,556.68 (+0.26%).
ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni
HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better access to information.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty drops 200 points; Jefferies sees Poonawalla Fincorp at ₹490
Sensex Today | Stock Market LIVE Updates: On the upside, 23,500 continues to remain the first major hurdle to cross for Nifty 50, followed by the 23,700 - 23,800 zone. The market has remained resilient amidst reports and in anticipation of some reform push by the government. The Nifty Bank will be the index to watch as it continues to see 1,000-point intraday moves daily. IT sell-off may extend as well today with ADRs of Infosys and Wipro declining between 3.5% to 5% overnight yet again.