Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty has said that the pension schemes, such as the National Pension System (NPS) and Atal Pension Yojana (APY), have added 97 lakh new subscribers in 2023, taking the total subscriber base to 7.03 crore as of December 31, 2023. Of the total subscribers, 5.3 crore … Read more
In order to develop the market for emerging investment instruments, Sebi is looking to bring in norms for follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). REITs and InvITs were introduced in India to provide investors with an opportunity to gain exposure to real estate and infrastructure projects respectively, with … Read more
SEBI, in its Board meeting yesterday, approved a comprehensive range of measures to strengthen the securities market and the Corporate Governance of listed entities. These changes signify SEBI’s commitment to promoting transparency, accountability, and investor confidence in India’s capital markets. Most of these changes have been discussed with market participants as a part of the … Read more
Investors have traditionally reaped rich rewards through investment in Indian equities. However, over the last one year, markets have been volatile due to geopolitical tensions and rise in global inflation. On the other hand, fixed income investment avenues are now delivering negative real returns to investors. No wonder that investors are now looking to diversify … Read more
In a relief to REITs and InVITs, the Finance Bill on Friday proposed to treat distribution from business as return of capital. While presenting the Union Budget on February 1, the government had proposed to tax income distributed by business trusts like REITs and InVITs in the form of debt repayments at the hands of … Read more
The finance ministry is working on a proposal to allow private institutional investors secure a board representation in the government-backed Infrastructure Investment Trusts (InvITs) managers following their investment in these collective investment vehicles. The move is expected to help attract more interest from large global funds to acquire a stake in these InvITs, which are … Read more
NEW DELHI: It is well known that real interest rates in India are currently deep in the negative territory, which is a key reason why investors looking for optimal returns rush to the equity markets. The quest for higher returns now has a new entity in its ranks — the Employees’ Provident Fund Organisation (EPFO). … Read more
Mumbai: Real Estate Investment Trusts and Infrastructure Investment Trusts will be eligible to be included in the Nifty indices with effect from September 30, according to revised eligibility criteria for inclusion released on Monday. As per the existing rules, all equity shares that are traded on the NSE are eligible for inclusion in the Nifty … Read more
JPMorgan in India as a lender to both the domestic and multinational companies has insights into corporate strategies. Its chief executive Madhav Kalyan tells Saikat Das and MC Govardhan Rangan what’s happening on the ground. Source link
MUMBAI: Mumbai-based Shrem Group, a family wealth investment office, is looking to double its asset portfolio in the road sector to Rs 15,000 crore under its infrastructure commonly called InvIT. The government’s push for rapid growth in the infrastructure sector will catalyse a massive fund flow in the Infrastructure Investment Trusts, Nitan Chhatwal, CMD of … Read more