Pune based IT Company Destek Infosolutions Pvt Ltd has raised an amount of 2 Million in seed funding round for one of its platforms, LegalNextt - An Extensi...

The ABC has launched a $5 million development fund to provide urgent and critical support to independent Australian producers and safeguard local content and creativity during these unprecedented times.

Franklin fiasco will not have any bearing on other mutual funds: Nilesh Shah

Swaraj said this while chairing a meeting of India Development Foundation of Overseas Indians, a trust established to supplement development efforts.

Siddaramaiah further stressed Karnataka's pro-NRI stance by pointing to the newly-released policy catering to their interests

Most fund houses in India don’t allow NRIs from US and Canada because of the cumbersome compliance requirements under FATCA.

Margaret Parker, MD, MCCM, speaks with Meredith F. Bone, MD, MSCI

Margaret Parker, MD, MCCM, speaks with Guillaume Emeriaud, MD, PhD.

MSMEs need easy credit facilities to fulfil the financial requirements of their business. The DCE's Credit Guarantee Scheme provides easy, collateral free credit facilities to MSMEs.

As the financial markets scenario is changing, it is important to review and modify (if needed) the existing asset allocation. However, before going ahead, you should consult your financial advisor.

The fund house claimed that media outlets quoted its CEO Jenny Johnson out of context.

Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8376.11 in April.

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month.

Apart from Paranjpe, HN Motiwalla, Rammohan N Bhave and Thomas Panamthanath are other independent directors of the company while TC Suseel Kumar is a nominee director on the board of LIC Mutual Fund Trustee.

​​ET Wealth studies the quality of papers held by the five largest schemes of different debt fund categories to see if investors should be worried.

Investors will receive whatever amount the fund house is able to recover by liquidating the underlying investments in proportion of their holdings in the respective schemes.

You should explore the `pause your SIP’ option offered by mutual funds before finalising to stop your mutual fund investments through SIPs.

While investing a debt mutual fund, one should make sure the category suits your time frame.

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

Investors and advisors alike have been very unkind to this Thirteen Lakh Crore category of Mutual Funds, because of one of its sub categories: Credit Risk Funds, managed by Franklin Templeton Mutual Fund.

Many individuals have become extremely careful about their personal finance in the wake of Covid-19 pandemic and mounting concerns about possible job and pay cuts. Many of them have suddenly turned enthusiastic investors.

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund manager buys high-yielding, low credit quality bonds.

Each scheme has a specific investment objective that tells investors what the scheme aims to achieve - it can be capital appreciation, regular income, liquidity etc.

The two primary forms of growth of a mutual fund scheme is either the growth of the Net Asset Value (NAV) or if the fund regularly declares dividends.

If you're wondering what could be common between a game of relay and a cyclical mutual fund, there are quite a few to state.

Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced!

An alternate option, in this case are Equity Linked Saving Schemes (ELSS) or tax-planning mutual funds as they are popularly known.

In the past two weeks, at least five companies have either issued, or announced plans to issue, non-convertible debentures worth a total of Rs 5,500 crore, as per information available from filings with stock exchanges.

Office on Violence Against Women (OVW) Acting Director Laura L. Rogers today announced awards of more than $16.5 million to support public safety efforts in the Northern District of Texas. Funds will help law enforcement agencies, local cities and counties, campus safety, and victim service providers and domestic violence shelters fight gun, gang, drug and domestic and sexual violence and bring criminals to justice.

Today, the Department of Justice announced awards of more than $122 million to support public safety efforts in Michigan. The funds will help law enforcement agencies and community organizations in jurisdictions across the state fight gun, gang, drug and sexual violence, and bring criminals to justice.

The Department of Justice today announced awards of more than $29 million to support public safety efforts in the Northern District of Ohio. The funding from the Office of Justice Programs (OJP), Office on Violence Against Women (OVW), and the Office of Community Oriented Policing Services (COPS) will support violent crime reduction, opioid/substance abuse reduction efforts, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.

The Department of Justice today announced awards of more than $165 million to support public safety efforts in the state of North Carolina. The funding from the Office of Community Oriented Policing Services (COPS), Office of Justice Programs (OJP), and Office on Violence Against Women (OVW) will support violent crime reduction, opioid/substance abuse reduction efforts, school safety, victim services, transitional housing for domestic violence victims, law enforcement activities, justice mental health, and juvenile justice.

The Department of Justice announced today that the Western Union Remission Fund began its first distribution of approximately $153 million in funds forfeited to the U.S. government from the Western Union Company (Western Union) to over 109,000 victims located in the United States and abroad. These victims, many of whom were elderly victims of consumer fraud and abuse, will be recovering the full amount of their losses.

The Department of Justice announced today that it has repatriated to Malaysia approximately $300 million (RM 1.292 billion) in additional funds misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.

The Department of Justice has reached a settlement of its civil forfeiture cases against assets acquired by Khadem al-Qubaisi using funds allegedly misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.

A Lake Worth, Florida, businessman pleaded guilty today to tax evasion and willful failure to file a Report of Foreign Bank or Financial Account, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Ariana Fajardo Orshan for the Southern District of Florida.

The Securities and Exchange Commission today voted to adopt rule amendments to implement certain provisions of the Small Business Credit Availability Act and the Economic Growth, Regulatory Relief, and Consumer Protection Act relating to business…

The Securities and Exchange Commission today announced that it has voted to propose a new rule that would establish a framework for fund valuation practices.  The rule is designed to clarify how fund boards can satisfy their valuation obligations in…

The Securities and Exchange Commission today announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may look to meet their urgent funding needs through a Regulation Crowdfunding offering.…

Stallion Spotlight offers stud farm representatives a chance to address breeders and answer questions as they finalize their mating decisions for the 2020 breeding season. In this edition, Tom Hamm, director of stallion seasons at Three Chimneys, talks about Funtastic, a Grade 1 winner whose first foals are arriving in 2020. Funtastic Gr. or ro. h., […]

The post Stallion Spotlight: Tom Hamm Of Three Chimneys On Funtastic appeared first on Horse Racing News | Paulick Report.

Part of the joy in breeding or owning horses is choosing their names. J.J. Hysell of In The Money notes that owners of Einstein offspring have been having fun thinking up clever names for their horses. Einstein stands at Adena Springs Farm for a 2013 fee of $7,500. A few of our favorites include: E […]

The post Relatively Clever: Owners Having Fun Naming Einstein Offspring appeared first on Horse Racing News | Paulick Report.

The announcement follows MLB's decision that refunds could be issued.

On Tuesday, June 9, 2009, the National Park Service began a project to reconstruct the South Kaibab Trail in Grand Canyon National Park. The project is funded, in part, with funds from the American Recovery and Reinvestment Act. https://www.nps.gov/grca/learn/news/grand-canyon-national-park-begins-trail-reconstruction-project-using-funds-received-under-presidents-economic-recovery-plan.htm

The National Park Service continues to accomplish work on projects at Grand Canyon National Park that have been funded, in part, through the American Recovery and Reinvestment Act of 2009 (ARRA). https://www.nps.gov/grca/learn/news/national-park-service-continues-repair-and-reconstruction-projects-at-grand-canyon-with-funds-from-the-american-recovery-and-reinvestment-act.htm

Under clear blue skies the National Park Service and Havasupai tribal members held a ribbon cutting ceremony today for newly constructed housing in Supai Camp located within Grand Canyon National Park. https://www.nps.gov/grca/learn/news/5aug10-2_news.htm

Visitors to Grand Canyon National Park this spring break can expect long lines and full parking lots. https://www.nps.gov/grca/learn/news/spring-break-crowds.htm