Equity schemes of mutual funds (MFs) are a great boon for investors to gain exposure to many high-quality stocks, guided by a knowledgeable person—the fund manager. However, investors face a problem of plenty before they can commit themselves to five or six schemes. The easiest path taken by...
On 11th June, the ministry of corporate affairs (MCA) moved the national company law tribunal (NCLT) with a 214-page petition to bar Deloitte Haskins & Sells (Deloitte), statutory auditors of IL&FS Financial Services (IFIN) and BSR Associates (a part of the KPMG network in India), for five years for colluding with management to bury serious issues of round-tripping money and ever-greening loans by buying the auditors’ silence through consulting assignments and worse
The debt market in India is a very opaque and illiquid one. There are less than 50 institutional players, if we leave aside banks, which are compelled to hold government securities and use ‘investment’ exposure as a way to bypass credit exposure norms
According to a new research led by Harvard’s TH Chan School of Public Health, consumption of dietary supplements, peddled for weight loss, muscle building and energy, may be linked to linked to nearly three times as many severe medical outcomes in children and young adults, compared to consumption of vitamins