Viewpoint | Should fund houses make good investment losses?

There have been discussions recently on HDFC AMC providing ‘liquidity’ to a few Fixed Maturity Plans (FMPs) by agreeing to purchase the questionable exposure in certain Essel Group entities. This purchase comes in the background of increasing asset quality issues in the mutual fund industry, question marks on the loan…

Budget 2019: Real estate seeks industry status for ease of doing business

In the first tenure of Narendra Modi government, real estate sector witnessed many developments including the implementation of real estate regulation followed by the Goods and Services Tax to aid structural reforms in the economy, and to boost the ‘Housing for All by 2022’ programme. Now, when Finance Minister Nirmala…