Mutual funds in India recently have struggled with high profile calamities like Franklin Templeton. The current economic crisis is certainly not helping. Will the Indian mutual fund industry see a comeback from this?
High level panel wants artificial distinction between NRIs, PIOs and FPIs to go. Favourable decision will open up a new avenue for funds flows into India, potentially opening the tap for billions of dollars of fresh inflows.
The year 2016 was one of the best years in recent times for initial public offering (‘IPO’) in India owing to stronger macroeconomics, pro-business political regime, continuing regulatory reforms and an overall positive investment climate. Indian companies raised more than $4bn through IPOs in 2016, which is close to the aggregate equity raised over preceding four years from 2012-15. The IPO pipeline for 2017 looks promising with some of the large companies expected to tap the equity markets including NSE, [...]
A corporate governance expert explores what transparency really means for businesses. An organisation that delivers credible and timely information for all its stakeholders is transparent. Such information provides critical insights regarding the performance of a company and therefore it is imperative that companies have a disclosure mechanism in place. Certain kinds of information are required by regulators and other kinds by investors and other stakeholders. In fact, those working in the area of corporate governance, often use the terms transparency [...]
Many companies establish a professional board of directors comprising “stars”, but sometimes even star teams with sophisticated individuals may take bad decisions, writes a corporate governance expert. From among many factors that could be responsible for such decisions, two stand out: availability of information and a board agenda. Good decisions can follow if appropriate and adequate information is shared. To make a high quality “informed” decision, the board should get as much information about an issue as possible. What happens [...]