asset management

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    Gujarat's GIFT City Attracts $32.13 Billion in Investments

    Gandhinagar, April 8 – Capital commitments to funds operating from Gujarat International Finance Tec-City (GIFT City) have reached USD 32.13 billion as of December 2025, nearly 60 times more than the less than USD 0.5 billion in March 2020, indicating the rapid growth of India’s offshore...
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    PPFAS Gains NPS Pension Fund Sponsor Approval

    New Delhi, April 8 PPFAS Asset Management announced on Wednesday that it has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to act as a sponsor for a pension fund under the National Pension System (NPS).In a statement, the company said it will soon begin...
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    Anish Tawakley Named Chief Investment Officer at DSP Asset Managers

    New Delhi, April 6 DSP Asset Managers announced on Monday that Anish Tawakley has been appointed as Chief Investment Officer (CIO) to oversee equity and fixed income investments.Tawakley joins from ICICI Prudential Asset Management Company, where he was Co-Chief Investment Officer - Equities...
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    Asset Management Expansion: TVS Venu Group Buys PGIM's India Business

    Mumbai, April 2 The TVS Venu Group announced on Thursday that it will acquire PGIM's India asset management business for an undisclosed amount.The Chennai-based conglomerate, which operates in the auto, financial services, and real estate sectors, has entered into definitive agreements to...
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    Navigating Market Volatility: FT's Investment Strategy

    Mumbai, April 2 Asset management firm Franklin Templeton has witnessed higher Systematic Investment Plan (SIP) flows in March compared to February, despite the negative impact on investor sentiment due to the West Asia conflict, a top company official said on Thursday.While there is widespread...
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    FCRA Amendment Bill Unlikely to Pass in Budget Session

    New Delhi, April 1 A bill to amend the Foreign Contribution Regulation Act (FCRA) is unlikely to come up before the Lok Sabha in the ongoing Budget session for consideration, amid concerns from opposition members over some of its provisions, sources said on Wednesday.In the Lok Sabha, the FCRA...
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    Political Opposition Criticizes FCRA Changes, Citing Concerns Over Minority Groups

    New Delhi, April 1 – National Human Rights Commission (NHRC) member, Priyank Kanoongo, on Wednesday, criticised opposition leaders protesting outside Parliament over the proposed amendments to the Foreign Contribution (Regulation) Act (FCRA), alleging that their stance supports organizations...
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    POWERGRID Announces Leadership Change with Burra Vamsi Rama Mohan

    New Delhi, April 1 State-owned Power Grid Corporation of India (PGCIL) announced on Wednesday the appointment of Burra Vamsi Rama Mohan, Director (Projects), as Chairman & Managing Director, effective April 1.According to an order from the Ministry of Power (MoP), his term will be from the...
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    CBCI Writes to Shah, Flags FCRA Changes and Safeguards

    New Delhi, March 31 The Catholic Bishops' Conference of India has written to Home Minister Amit Shah, raising "serious concerns" about the proposed amendments to the Foreign Contribution (Regulation) Act (FCRA), urging wider consultation and safeguards against "excessive state control over civil...
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    Kerala Church Leaders Raise Concerns Over FCRA Changes

    Thiruvananthapuram, March 31 – The proposed amendments to the Foreign Contribution (Regulation) Act (FCRA) have triggered a sharp political divide, with Congress MP Manish Tewari terming them an encroachment on fundamental rights, and Union Minister George Kurien defending the changes as...
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    FY28 Strategy: Sammaan Capital Aims to Scale New Lending Products

    Mumbai, March 31 Sammaan Capital, a company focused on mortgages, plans to introduce new products in FY28 after surpassing the Rs 1 lakh crore mark in assets under management, a senior official stated on Tuesday.Abu Dhabi's International Holding Company has invested Rs 5,652 crore to acquire a...
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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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