If you are regular with financial news & blogs, you might know that Fidelity International has sold its stake in FIL Fund Management (the asset management company) to L&T Finance. The deal was valued at about Rs 550 crore. After this acquisition by L&T finance would have about Rs 13,000 crore assets under management and [...]
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In an attempt to encourage participation of retail investors in the capital markets, the government has proposed a tax exemption scheme for equity markets targeted at new investors. Called the Rajiv Gandhi Equity Saving Scheme (RGESS), those investors whose annual income is less than Rs. 10 lakh can invest in it. You will be able [...]
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Go Digital! is the buzzword today and most of companies are aggressively going online. Today you can buy books to insurance, everything on net. Thankfully Indian regulators are not behind. Weather you are investor or consumer, you can register your grievances and complaints online and rest would be taken care by regulators. Here’s a brief on [...]
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You see Sachin Tendulkar recommending Aviva Insurance Plans Virendra Sehwag sharing his fears in Birla Sunlife Insurance Ads Amitabh Bachhan (the “Vijay”) urging you to buy Max New York Lifes’ – Max Vijay and latest to join is Pantaloons Femina Miss India 2009 pageant, Ekta Chaudhary for Bajaj Allianz But try to recall have you [...]
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The good news is SEBI the regulatory body for Mutual Funds has been very active for last few months and this has favoured small Mutual Fund investors most of the time. A few days back it passed on a notification which essentially has five major changes. Let’s see how each one of it affect the [...]
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