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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.
The systematic investment plan, or SIP, has been the quiet engine behind the rise of India’s mutual fund industry. What began in 1963 as a government-backed savings vehicle has evolved into a powerful force in the country’s financial system.
This evolution is now entering a new phase.
India’s market regulator has proposed allowing employers to facilitate mutual fund investments directly on behalf of employees through automated payroll deductions. Under the framework, eligible entities, including companies registered with the Employees' Provident Fund Organisation, listed corporations, and asset management companies, can allocate a portion of an employee's salary and benefits into mutual …
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The Delhi-based group lender has been struggling with mounting losses, driven by the shifting priorities of borrowers and the growing pressure on field staff to meet targets.
The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.
