asset management

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    Bill Faces Criticism for Potential Overreach and Erosion of Federalism

    New Delhi, March 30 The CPI(M) on Monday demanded the revocation of the Foreign Contribution (Regulation) Amendment Bill, 2026, in the interest of "constitutional morality," warning that it may lead to excessive government control and undermine federalism.In a letter to Prime Minister Narendra...
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    Concerns Raised Over FCRA Amendments and Constitutional Rights

    New Delhi, March 30 The CPI(M) on Monday demanded the withdrawal of the Foreign Contribution (Regulation) Amendment Bill, 2026, in the interest of "constitutional morality," warning that it may lead to excessive government control and undermine federalism.In a letter to Prime Minister Narendra...
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    SM REIT IPO to Fund Ahmedabad Property

    New Delhi, March 30 Property Share Investment Trust, the country's first registered Small and Medium Real Estate Investment Trust (SM REIT), announced on Monday that the IPO of PropShare Celestia, worth Rs 244.65 crore, will open on April 10.The issue, with a price band of Rs 10-10.50 lakh per...
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    Market at Crucial Juncture: Bitcoin Faces Macro Uncertainty

    New Delhi, March 29 Bitcoin weakened to around USD 66,000 after a period of negative sentiment over the past few sessions, breaking below both its 200-day moving average and year-to-date average – levels closely watched by traders as indicators of market strength.The breach below these...
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    Proposed FCRA Bill Raises Concerns Over Minority Organizations

    New Delhi, March 28 The Catholic Bishops' Conference of India (CBCI) on Saturday expressed "grave concern" over the proposed Foreign Contribution (Regulation) Bill, 2026, claiming that the proposed legislation could "threaten the operational survival" of minority and civil society organizations...
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    Proposed FCRA Bill Raises Concerns About Minority Institution Control

    New Delhi, March 27 The Catholic Bishops' Conference of India (CBCI) has expressed "grave concern" over the proposed amendments to the Foreign Contribution Regulation Act, describing the Bill introduced in the Lok Sabha as "dangerous and alarming" in its implications.In a press statement, the...
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    Proposed FCRA Bill Raises Concerns About Minority Institution Control

    New Delhi, March 26 The Catholic Bishops' Conference of India (CBCI) on Thursday expressed "grave concern" over the proposed amendments to the Foreign Contribution Regulation Act, describing the Bill introduced in the Lok Sabha as "dangerous and alarming" in its implications.In a press...
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    Government Creates Authority for Managing Foreign Funds in New Bill

    New Delhi, March 25 A bill brought by the government to amend the FCRA will significantly tighten its oversight of foreign-funded organizations, proposing the creation of a powerful new authority to seize and manage the assets of non-profits that lose their license.The Foreign Contribution...
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    FCRA Amendment: New Authority for Managing NGO Assets

    New Delhi, March 25 A bill brought by the government to amend the FCRA will significantly tighten its oversight of foreign-funded organizations, proposing the creation of a powerful new authority to seize and manage the assets of non-profits that lose their licenses.The Foreign Contribution...
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    New Mini-Secretariats Planned for Enhanced Governance

    New Delhi, March 24 With the aim of bringing citizen-centric governance under one roof, the Delhi government allocated a separate budget of Rs 100 crore on Tuesday to develop 13 "mini-secretariats."Presenting the budget for 2026-27, Chief Minister Rekha Gupta said that the government is also...
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    India's Affordable Housing Finance Grows with New Capital

    New Delhi, March 19 Shubham Housing Development Finance, a provider of affordable housing finance, has raised USD 96 million (approximately Rs 870 crore) from existing investor LeapFrog Investments and others, including Creador.The transaction strengthens Shubham's future growth with a strong...
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    Mutual Fund Intraday Borrowing Limited by New Sebi Framework

    New Delhi, March 13 The securities regulator, Sebi, issued guidelines on Friday for mutual funds to engage in intraday borrowing arrangements with financial institutions such as banks.Under the new framework, the board of an asset management company (AMC) as well as the board of trustees will...
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    Aikyam Capital Expands with First Close of Alternative Investment Fund

    New Delhi, March 10 Aikyam Capital Group announced on Tuesday the first close of its Category II Alternative Investment Fund (AIF), Aikyam Capital Investment Fund I, with investor commitments of ₹205 crore.The fund, structured under Aikyam Capital Trust, has a target corpus of ₹300 crore, with...
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    Investment in EAAA Boosts Alternatives Platform's IPO Push

    New Delhi, March 9 Edelweiss Financial Services announced on Monday that it has completed the sale of 4.4 per cent of common equity in its subsidiary, EAAA India Alternatives, for ₹375 crore.The proceeds have been allocated to key Limited Partners and select individual investors, Edelweiss...
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    Markolines Secures Rs 440 Cr in Highway Infrastructure Contracts

    New Delhi, March 6 Highway solutions provider Markolines has secured multiple contracts worth around Rs 440 crore across Uttar Pradesh, Bihar, and Maharashtra, a statement said on Friday.The contracts include highway maintenance, EPC (Engineering, Procurement, and Construction), and...
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    Industrial Land Development: Sambhav Homes Expands Footprint

    Chennai, March 3 Sambhav Homes and Infrastructure, part of the diversified e-Cosmos Group of Companies, has drawn up plans to deliver over 1,050 acres of land across Tamil Nadu, Dobaspet in Karnataka, and Maharashtra, a top official said on Tuesday.The company recently handed over an 85-acre...
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    ₹350 Crore Hotel Project Launched in Hyderabad by Mindspace REIT

    New Delhi, February 25 Mindspace Business Parks REIT will develop a luxury hotel in Hyderabad with an investment of ₹350 crore.The company has pre-leased this hospitality project, comprising 339 keys, to Chalet Hotels Ltd.In a regulatory filing on Wednesday, the company said it has...
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    India's Mutual Fund Market: Axis Fund Targets Untapped Potential

    Kolkata, February 19 Axis Mutual Fund aims to achieve over 20 per cent year-on-year growth in assets under management starting from 2026, based on improving corporate earnings, a strengthening capital expenditure cycle, and a large, untapped investor base, a top company official said on...
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    ASK Group Expands Wealth Management Services with Mutual Fund Launch

    New Delhi, February 17 ASK Asset & Wealth Management Group, a player in the investment and wealth management sector, has received regulatory approval from SEBI to begin operations as an investment manager for the mutual fund business.ASK Mutual Fund will offer investment solutions across...
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    Expanding Investment Access: LIC's New Women-Centric Branch

    New Delhi, February 9 LIC Mutual Fund Asset Management inaugurated its women-centric branch in South Delhi on Monday, becoming the first asset management company in the country to set up a branch aimed at increasing women's participation in mutual fund investing.The initiative aims to bridge...
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