Domestic MFs increase stake in Paytm, firm's FDI dips by 2%
Business Standard|July 13, 2024
One97 Communications, the company that operates Paytm, has recorded an increase in the shareholding of domestic investors, including mutual funds and retail shareholders, during the first quarter of financial year 202425 (Q1 FY25).
AJINKYA KAWALE

Sequentially, mutual funds increased their stake by 0.65 per cent from 6.15 per cent in Q4 FY24 to 6.8 per cent in Q1. This was led by investment from Mirae Mutual Fund and Nippon India Mutual Fund, the per cent in Q1 FY25, a 0.16 per company said.

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Business Standard

More friendly: IEPFA reaches out to investors

The Investor Education and Protection Fund Authority (IEPFA) is coming up with a raft of measures, including holding an investors' appeals event, to make it more approachable and claimant-friendly, besides resolving some of its systemic issues, according to official sources.

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1 min  |
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Business Standard

Nehruvian who fell out with Cong

Kunwar Natwar Singh, former foreign minister, India's ambassador to Pakistan during a critical period in the relations between the two countries, and an important influence in guiding India's foreign policy that went far beyond the formal positions he held, died in Delhi at 93.

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2 minutos  |
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Prices spoil the taste of platter
Business Standard

Prices spoil the taste of platter

Following the monetary policy committee meeting last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said that India's inflation targeting could not ignore the \"pressures\" of food inflation.

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Business Standard

PET PROJECTS

Why state-run oil companies are spending billions on petchem capacity, amid oversupply and weak margins

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Business Standard

Bank deposits: Barking up the wrong tree?

Despite efforts to boost deposit growth, credit growth is outpacing deposits. Traditional strategies are not working. Are we missing the big picture?

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5 minutos  |
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Business Standard

Idea behind SROs is not to make them more regulatory'

In March, the Reserve Bank of India came out with a framework on self-regulatory organisations (SROs). Since then, industry bodies in finance have shown interest in setting up SROs. It is early days even as there are concerns over dual membership and SROs' scope. ANISH MASHRUWALA, partner, JSA Advocates and Solicitors (and co-chair of the finance practice and head of its banking & finance group), spoke with Raghu Mohan on these issues in a telephonic interview. Edited excerpts:

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3 minutos  |
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Pair base policy with topup to combat rising health premiums
Business Standard

Pair base policy with topup to combat rising health premiums

Buying a multi-year policy will also help you rein in costs

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3 minutos  |
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Business Standard

How to make tax officials accountable

A friend, Kalpesh, recounted an interaction with an Income Tax Officer (ITO) from a decade ago.

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Trent's expansion seamlessly tailors its growth success
Business Standard

Trent's expansion seamlessly tailors its growth success

Cuts a sharp figure on retail runway while peers falter

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Business Standard

Fed's September rate cut unlikely to alter RBI stance'

RAJEEV RADHAKRISHNAN, chief investment officer (fixed income) at SBI Mutual Fund, remains optimistic about the demand-supply dynamics, citing sustained overseas demand as a key factor. In an email exchange with Abhishek Kumar, Radhakrishnan notes that global central banks' potential policy easing could further bolster demand. However, he cautions that portfolio flows into India may be vulnerable if the economic slowdown expands beyond the US, potentially impacting investor sentiment. Edited excerpts:

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2 minutos  |
August 12, 2024