Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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
Sebi proposes consolidated disclosure of executive pay at asset managers
India's markets regulator, SEBI, has proposed a change for asset management companies. Executives and high earners in these firms may soon have their pay disclosed together, not individually. This aims to give investors a clearer picture of senior management compensation. SEBI is seeking public feedback on this proposal until June 30.
Govt considers selling 2% stake in Hindustan Zinc to raise ₹5,000 crore
The Department of Investment and Public Asset Management, which is under the Finance Ministry, aims to launch the process this month or in July
HDFC MF Halts Gold ETF Investments Exceeding Rs 25 Crore; Limits FoF To Rs 10 Lakh
The move is aimed at managing inflows into the gold-linked investment products amid heightened interest in the asset class.
Wipro among 6 F&O stocks with a sharp rise in futures open interest
Six NSE F&O stocks, led by Nippon Life India Asset Management and GE Vernova T&D India, witnessed sharp increases in futures open interest, signaling heightened trader participation and fresh positioning.
Wall Street Giants Lose Out to Taiwan Rivals in New Wealth Race
Global asset management giants are being squeezed out in the race for a piece a $300 billion retail investment boom in Taiwan, surpassed by nimbler domestic competitors with massive brokerage networks.
Largecaps offer safety, midcaps provide growth: Axis AMC’s R Sivakumar
R Sivakumar, Chief Investment Officer at Axis Asset Management, believes the weakness in India's economy is cyclical and not structural. He expects growth to improve as the impact of past fiscal tightening and interest rate hikes fades. Sivakumar said retail investors have shown remarkable discipline by continuing SIPs and increasing investments during market corrections. He also advocated a balanced approach to investing, saying largecaps provide valuation comfort while midcaps continue to benefit from stronger earnings growth.
Camelian's Vikas Khemani sees manufacturing as India's biggest long-term opportunity
Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.
SBI Funds Management IPO: Chairman CS Setty Confirms 2027 D-Street Debut
The IPO is expected to raise around Rs 13,000 crore, valuing the issue among the largest in India's asset management industry.
Volumes jump at UTI Asset Management Company Ltd counter
UTI Asset Management Company Ltd witnessed volume of 5.66 lakh shares by 10:46 IST on BSE, a 40.52 times surge over two-week average daily volume of 13965 shares
Aadhar Housing Finance aims to cross Rs 50,000-cr AUM milestone by FY29
Aadhar Housing Finance aims to boost its asset under management to Rs 50,000 crore by FY29, projecting an 18-20% loan growth annually. The company, focused on the low-income segment with loan ticket sizes under Rs 15 lakh, reported a net profit of Rs 1,108 crore in FY26. This growth is supported by favorable demographics, formalization, and government schemes like PMAY.
Stocks to buy today: Sudeep Pharma, Rubicon Research, ICICI Prudential AMC
Stocks to buy today: Aakash Shah of Choice Broking has recommended buying three stocks today - Rubicon Research, Sudeep Pharma, and ICICI Prudential Asset Management.