In April, Franklin Templeton India shut down six debt funds, locking in ₹30,800 crore of investor wealth after a surge in redemptions.Explaining the reason behind this, Franklin Templeton CEO Jennifer M Johnson said that this is a liquidity issue and not a solvency issue.Franklin Templeton India’s assets under management (AUM) declined by almost 43% – from $7 billion to $4 billion.Franklin Templeton India, one of the oldest asset management companies (AMC) in the country, decided to wind down six debt funds amounting to ₹30,800 crore in investor wealth. Now, in an earnings call, Franklin Templeton President and CEO Jennifer M Johnson has explained what exactly went wrong with its India business.“We're doing everything we can for those shareholders, to make sure they get all their money back.

Three Championship wins on the bounce and the scoring return of record buy Famara Diedhiou after his six-game ban for spitting were just two of the bonuses heading into the international break.

Bradley Dack's elegant 76th-minute flick looked to have settled proceedings on his 50th appearance for the club, but Villa got their rewards in the third minute of added time through Hourihane's precise effort.

CHAMPIONSHIP ROUND-UP: Sheffield United kept the pressure on the top two in the Championship courtesy of a 2-0 victory over Bolton at Bramall Lane.

Tony Pulis paid tribute to Middlesbrough's players for holding their nerve after a 1-0 victory over Stoke put them into the play-off spots again. Britt Assombalonga grabbed the winning goal.

Sheffield United have joined the race for Bradley Dack - and the Blackburn star wants the Ewood Park outfit to let him speak to other clubs. 

CHAMPIONSHIP ROUND-UP: Preston took moved up into second place in the Championship after coming from 2-0 down to beat Blackburn with a late goal from Tom Barkhuizen.

ADAM LANIGAN AT ELLAND ROAD: Marcelo Bielsa's side maintained the pressure on Preston North End and West Brom as they secured their fourth straight home win.

Marnie Simpson, 27, has lost a dramatic 17lbs after undertaking a strict low fat diet just a month ago - the Geordie Shore star has shrunk from 9st 10lbs to 8st 7lbs, 12 weeks after giving birth to son Rox.

The Geordie Shore star, 28, went braless in the eye-popping pic which showed off her trim waist, after overhauling her diet and ditching her sugar.

The former Geordie Shore star, 32, flashed a smile as she carried a collection of grocery bags to her flat.

She has credited her two stone weight loss with a diet and fitness overhaul.  And Chloe Ferry showed off the fruits of her labour as she slipped into a very skimpy bodysuit on Wednesday.

The former Geordie Shore star, 28, teased a hint of her taut midriff as she headed out for a walk with her boyfriend Casey Johnson and son Rox, six months, on Monday.

Chloe Ferry looked stunning as she showed off her trim and toned figure during a workout on Instagram on Tuesday.

GoogleSolutions like those from VAST Data can make AI adoption easier.Accessing stored data is a major problem that companies face in the quest to adopt artificial intelligence and other advanced analytical tools. VAST Data's all-flash storage solution makes it easier for corporations to quickly and continuously analyze large sets of information. The startup just raised $100 million, bringing its total valuation to $1.2 billion. This is on top of a recent $80 million funding round, of which $40 million still remains. "We did this to offer the peace of mind that we're here to stay forever," CEO Renen Hallak told Business Insider.Click here for more BI Prime stories.Artificial intelligence continues to be a major investment for companies, but enterprises are, in many cases, finding it exceedingly

He's an old friend of her husband, Kanye West.

Liam Hemsworth was looking to upgrade his wardrobe, so he made multiple purchases at the John Varvatos store in West Hollywood. He was seen without his new girlfriend Gabriella Brooks.

It took all of ten seconds for the first winner at last night's Oscars to unleash an angry political statement against President Trump. Frankly, I'm only surprised it took that long.

Charlize Theron wore something a little more comfortable on her feet on Thursday night, when the 44-year-old donned Birkenstock sandals for the launch of the company's latest line.

Jane Fonda glowed at the American Cinematheque's 4K restoration premiere of her 1972 documentary FTA this Saturday. She still sported the grey hairdo she debuted onstage at the Oscars.

She's dating one of America's top Hollywood talent agents, Patrick Whitesell, 55.

The Basic Instinct star, 62, spoke about how she came to wear the famously toned-down red carpet look while chatting with Naomi Campbell for her YouTube series No Filter With Naomi, on Thursday.

Her fans have gone absolutely crazy for her new pop up shop in Los Angeles.

The 46-year-old star was on the show to talk up his sitcom, which kicks off its tenth season Wednesday. But he also spilled the beans abou girlfriend Lindsay Schweitzer and new rescue dog Roscoe.

Sharon Stone will once again serve as Event Honorary Chair

Tameka 'Tiny' Harris had a small fortune in jewelry stolen from her vehicle in Atlanta on Sunday night.

The former actor told People it was his 52-year-old wife Nancy Juvonen who was the 'brains' behind his at-home The Tonight Show, figuring out the tone, the setting and the props.

'Im so f***ing tired of y'all commenting on every damn thing i do since i was a f***ing kid,' the sister of Miley Cyrus e said on Twitter.

The secretary of State talked to Iraq's prime minister and president separately by phone Tuesday on the heels of the American embassy in Baghdad being stormed by an angry mob.

U.S. stock index futures shed about 1 percent on Friday in the aftermath of the air strike in Baghdad that was authorized by President Donald Trump.

Brent crude futures, spiked by more than $3 per barrel in London before retreating as stock markets in London and Frankfurt opened lower before recovering some of its losses.

The US Federal Aviation Authority on Wednesday also barred US airliners from flying over Iraq and Iranian airspace in the Persian Gulf and Gulf of Oman.

Lasers will be able to hit targets further away and through clouds and dust storms due to the technology. Israel is expected to test the laser weapons later this year, and deploy them in future.

Kylie Jenner made a good example of herself Saturday as she found ways to have fun and stay sane with her daughter Stormi Webster, two.

The 22-year-old reality star's two-year-old privileged princess appeared to be wearing all 24 of a $3 package of Trolls temporary tattoos

Kylie Jenner took to Instagram to share footage of herself and daughter Stormi tuning into the highly anticipated second episode from the comfort of their Calabasas mansion.

The Keeping Up With the Kardashians star has Mason, 10, Penelope, seven, and five-year-old Reign with her five nights a week and they then spend the other two nights with their dad.

Saudi Arabia, Russia and others agreed to slash their output by nearly 10million barrels per day to prop up prices after a slump in demand.

The socialite, 34, looked incredible as she walked the red carpet alongside the likes of Scarlett Johansson, Laura Dern and Kate Upton.

The Houston Astros have made it to the World Series for the second time in two years. And Kate Upton took to Instagram to congratulate her husband, pitcher Justin Verlander, on the victory.

NYC will begin storing the bodies of coronavirus victims in freezer trucks to help ease the strain on the city's overflowing hospital morgues and overwhelmed funeral homes.

'NYC Hospitals were so packed and I was told I could only be admitted if urgent life support was needed similar to the rest of the patients.' So she had to recover on her own.

A new mobility tool from Apple shows people living in America's hardest-hit coronavirus cities have all but stopped using public transit, are walking far less and are even driving less during the outbreak.

There was trouble in paradise for Ferne McCann on Wednesday's episode of First Time Mum as she had her first row with her boyfriend and had a pregnancy scare.

A newly released surveillance video shows the moment two men wearing surgical masks jumped out of a Jeep with guns drawn and attacked Francisco Rosado, of the Pagan Motorcycle Club.

The Brooklyn 'disaster morgue' on sunset park pier, pictured on May 6 with the statue of liberty in the background, is designed to ease the pressure on city's funeral services.

Wilder, the WBC heavyweight champion of the world, does not buy any notion that boxers accidentally take the wrong substances.

Shane Sutton sensationally stormed out of the Richard Freeman medical tribunal on Tuesday after branding the former Team Sky and British Cycling medic a 'spineless liar'.

Dillian Whyte should be immediately reinstated as mandatory challenger for the WBC heavyweight title after being cleared of doping, according to promoter Eddie Hearn.