The shortcomings of traditional asset and wealth management have been magnified in recent years. Active managers have underperformed, and high fees have eaten up a larger share of returns in a low-yield world. And the traditional financial industry now facing competition from the new age Financial Technology Firms (FinTech) that is reshaping the industry by …
On Independence Day, Prime Minister Narendra Modi mentioned India’s battle against black money and said that more than 1.75 lakh shell companies have been de-registered so far. Recently, capital markets regulator SEBI (Securities and Exchange Board of India) directed stock exchanges to take action against 331 suspected shell companies that are listed on the bourses. …
The Securities and Exchange Board of India (Sebi) is planning identification of stock market investors through their Aadhaar numbers. In its annual report for 2016-17, Chairman Ajay Tyagi said ?Sebi will continue to strengthen market supervision through various steps such as Aadhaar-based identification of investors, effective market surveillance and monitoring of compliances by regulated entities.? …
