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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Equity returns over the next 3 years will be modest, but better than other asset classes: Franklin Templeton MF

The asset manager's president Avinash Satwalekar said Franklin Templeton crossed the Rs 1 lakh cror…

PTI   


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1 min read

Yum restaurants India exits Devyani International; sells entire stake of ₹871 crore

Yum Restaurants India on Wednesday sold its entire 4.4 per cent stake in Devyani International for …

PTI   


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1 min read

Enforcement Directorate conducts searches against Franklin Templeton in Mumbai, Chennai

The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin …

PTI   


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1 min read

Franklin Templeton's shut funds receive ₹13,120 crore from maturities, pre-payments and coupons

Franklin Templeton's six shut schemes have received ₹13,120 crore from maturities, pre-payments, an…

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3 mins read

Getting a senior level job in a mutual fund company may not be so attractive after SEBI rule of giving 20% salary in MF units

On April 28, 2021, SEBI informed the asset management companies (AMC) to provide a minimum of 20% s…

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3 mins read

Franklin Templeton reassures Indian investors that their money is safe — and the delay in repayments is due to cash crunch

“We're doing everything we can for those shareholders, to make sure they get all their money bac…

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3 mins read

From Bank of India and Axis Bank to Franklin and Kotak Mutual Fund⁠— lenders' will vie for their pound of flesh from the Ambani-Biyani deal

There are many who will heave a sigh of relief after Reliance Industries’ decision to buy out Futur…

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2 mins read

Franklin Templeton MF sidepockets exposure to Vodafone Idea

New Delhi, Jan 26 () Franklin Templeton Mutual Fund, which recently marked down its investment in t…

PTI   


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4 mins read

The white woman who called 911 after a black bird-watcher asked her to leash her dog has 'voluntarily surrendered' her pet to an animal rescue

When the man said, "You're not going to like what I'm going to do next," Amy Cooper said she mistoo…

Rhea Mahbubani   


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5 mins read

Investment firm fires woman over video of her calling the police on a black man who asked her to put her dog on a leash

Franklin Templeton on Tuesday said it fired an employee after a woman identified as Amy Cooper was …

Sinéad Baker   


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2 mins read

The hike in excise duty on petrol and diesel is good news for these two companies

The rise in the price of petrol and diesel might force many consumers towards Compressed natural…

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4 mins read

A personal finance expert answers the most troubling questions about Franklin Templeton mutual funds

“At the same time, mutual funds, especially in the fixed income segment, are facing continuous…

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1 min read

COVID-19 impact: Franklin Templeton MF shuts six schemes

"There has been a dramatic and sustained fall in liquidity in certain segments of the corporate bo…

PTI   


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2 mins read

Sebi seeks reply from Franklin Templeton after markdown of investment in Vodafone Idea

Following the Supreme Court ruling on the adjusted gross revenue (AGR) matter, which resulted in a…

PTI   


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1 min read

Franklin Templeton appoints Kotak Mahindra Bank to assist in monetising assets of 6 wind-up schemes

"Franklin Templeton is committed to ensuring an orderly and equitable exit for all investors at th…

PTI   


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4 mins read

The SEC won't play ball on bitcoin ETFs. Here's how Franklin Templeton and others are launching funds with crypto and blockchain twists.

Only investors with over $100 million in assets can buy VanEck SolidX Bitcoin Trust shares. If the …

Meghan Morris   


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2 mins read

Insiders name the 4 asset managers that could be the next takeover targets after Franklin Templeton's $4.5 billion deal to buy rival Legg Mason

"Many have chosen to add wealth management services to their offering to help redirect the client's…

Bradley Saacks,Rebecca Ungari…   


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2 mins read

SEBI orders special audit of Franklin’s six debt funds – with ₹30,800 crore wealth locked in, wary investors demand reopening

The Securities Exchange Board of India (SEBI) has ordered a special audit of the six debt funds shu…

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2 mins read

Asset manager Franklin Templeton removed John B. Wilson from its board after he was caught up in the college admissions bribery scheme

In the recently unveiled college bribery scheme, Wilson was accused of conspiring to "bribe Jovan V…

Madeline Shi