Tag: alternative investment funds

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

Business
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

Stocks
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

CBDT introduces new rules for business trusts and investment funds, tightening compliance and updating tax forms

Economy
The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements by June 15. Updated forms...

Funds in a fix over new rules on treatment of big investors

Economy
Mumbai: Several private equity (PE) and venture capital (VC) funds are in a quandary over the new rules that forbid them from offering...

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