Month: April 2020

The COVID-19 lockdown will continue mainly in the country’s hotspots beyond May 3 when the extended period of the restrictions end but “many” districts will get “considerable relaxations”. The clear indications about districts that have managed to tackle COVID-19 considerably well getting relaxations came after a review meeting held by the Ministry of Home Affairs …

India to Expect Lockdown Relaxation in Several Districts from May 4 Read More »

The international market for co-living is growing at a rate of approximately 30% y-o-y, with the trend catching up in major economic centres. In the last 10 years, communities and industry bodies that list occupancies for co-living have shown a threefold growth in listings. Globally, the co-living sector has become an asset class comparable to …

Co-living to Be the Next In-Thing Read More »

After many years, Reliance Industries Ltd (RIL) will be coming out with a rights issue for its shareholders. A board meeting to discuss this will be held on April 30, RIL informed the stock exchanges on Monday. RIL said a meeting of the Board of Directors of the Company is scheduled to be held on …

Reliance to Consider Announcing Rights Issues Read More »

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry …

Rs 50,000 crore Special Liquidity Facility for Mutual Funds Announced by RBI Read More »

It was During the World War 2 when the great Winston Churchill said “Every crisis brings opportunity “ Investors should see this as an opportunity and apply the same wisdom in times of crisis and turmoil rather than being fearful. With this thought in the background, New Vertical organized a Fireside Chat Session with our …

Video: Fireside Chat Session on “Investment Opportunities During this Pandemic” Read More »

Housing Development Finance Corporation now owns 6.43 percent in Reliance Capital, after it invoked a pledge on the company’s shares, AxisTrustee Services, the security trustee for HDFC, has informed the stock exchanges, “These shares were acquired pursuant to invocation of pledge by security trustee on behalf of the Corporation, which was pledged against a loan …

HDFC Secures Stake of 6.43% in Reliance Capital Read More »

One of the first global financial firms to launch asset management operations in India more than two decades ago is taking unprecedented steps to lock in investor money as the coronavirus pandemic worsens credit market strains. Franklin Templeton is shutting six fixed-income and credit-risk funds run by its Indian unit, locking in Rs 30,800 crore …

BUZZ WORD: Franklin Templeton to Wind Up 6 Indian Funds, Preserves Value for Investors Read More »

Facebook has bought a 9.9% stake in Reliance Jio for $5.7 billion (Rs 43,574 crore), the telecom unit of Reliance Industries Ltd (RIL) in a deal that gives the social media giant a firm foothold in a fast-growing massive market and helps the Indian oil-to-telecom conglomerate to significantly cut debt. The deal values Jio at …

Facebook Jio Partnership Strengthens Ties – Opens Opportunities for Businesses in India Read More »