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Franklin Templeton India
Business  /  Published 15.06.21

Sebi penalises Franklin execs

Sebi on Monday imposed a penalty of Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. How...
By PTI in New Delhi

Business  /  Published 11.06.21

Franklin bid to allay concerns

Franklin Templeton AMC has told its unitholders that Sebi’s two-year ban on new debt schemes  will have no bearing on its existing plans. Early this week, market regulator Securities and E...
By Our Special Correspondent in Mumbai

Business  /  Published 09.06.21

Franklin to move SAT

Franklin Templeton Asset Management (India) on Tuesday said it strongly disagreed with Sebi’s order on the closure of its six debt schemes and would challenge the direction at  the Securiti...
By Our Special Correspondent in Mumbai

Business  /  Published 08.06.21

Franklin Templeton AMC penalised

Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 20...
By PTI in New Delhi

Business  /  Published 03.04.21

Franklin scotches India exit rumours

Franklin Templeton Mutual Fund has said its commitment to India remains “steadfast” and that the fund house has no plans to exit its operations in the country. This statement comes amid m...
By Our Bureau in Mumbai

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Business  /  Published 27.12.20

Franklin Templeton vote observer picked

The Securities and Exchange Board of India (Sebi) has appointed Taruvai Subayya Krishnamurthy, former chief election commissioner of India, as an ‘observer’ of the e-voting process for the...
By Our Special Correspondent in Mumbai

Business  /  Published 03.12.20

Franklin: Tell investors, says SC

The Supreme Court on Thursday asked Franklin Templeton Mutual Fund to initiate steps within one week for calling a meeting of unit holders to seek their consent for the closure of six mutual fund sche...
By Our Bureau, Agencies in Mumbai

Business  /  Published 25.10.20

Karnataka high court spanner in Franklin plan

The Karnataka high court on Saturday ruled that Franklin Templeton cannot implement its decision to wind-up six debt schemes unless it gets the consent of unit holders by a simple majority. Franklin ...
By Our Special Correspondent in Mumbai

Business  /  Published 24.04.20

Franklin shuts down six debt plans

Franklin Templeton Mutual Fund has decided to wind up six debt schemes because of redemption pressure and the lack of liquidity in the bond markets amid the Covid-19 pandemic. The schemes have assets ...
By Our Special Correspondent in Mumbai

Business  /  Published 03.05.20

Outflow from debt mutuals eases

Net redemptions in credit risk funds have fallen after the RBI offered the Rs 50,000-crore special liquidity facility to mutual funds. Credit risk funds are debt mutual funds where 65 per cent of the ...
By Our Special Correspondent in Mumbai


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