1 dated March 15, 2021 (“
Notification”), introduced a significant amendment in the investment regime for Non-Government Provident Funds, Superannuation Funds and Gratuity Funds (together referred herein as “
Provident Funds”). Vide the notification issued by the Ministry of Finance, Department of Financial Services, such private Provident Funds have been permitted to invest their funds into units of Category I and Category II Alternative Investment Funds (“
AIFs”), in accordance with the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 (“
AIF Regulations”). However, the Notification does stipulate certain restrictions and thresholds, while opening up the avenue of investing in AIFs for such Provident Funds.
JPX and FactSet Announce Plans for New Thematic Indices FactSet Research Systems Inc. Boston, Massachusetts, UNITED STATES
NORWALK, Conn. and TOKYO, April 05, 2021 (GLOBE NEWSWIRE) The Tokyo Stock Exchange, Inc. (TSE) and
FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced plans to develop a new series of co-branded thematic indices targeting Japanese stocks. The two companies will use the strengths of the TSE, which calculates stock indices such as the Tokyo Stock Price Index (TOPIX), a stock index representative of Japan, alongside FactSet’s industry leading content sets, to create new indexes that tap into societal and investment trends.
NHAI files papers with Sebi for InvIT; plans to raise Rs 5,100 crore
NHAI plans to mop up total of Rs 5,100 crore through fresh issue, as per the draft papers filed with the SEBI.
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NEW DELHI: The National Highways Authority of India (NHAI) on Monday filed draft papers with markets regulator Sebi for floating an Infrastructure Investment Trust (InVIT) through which it seeks to raise Rs 5,100 crore.
InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time.
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NHAI files draft papers with SEBI for InVIT to raise Rs 5,100 crore
InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time
PTI | April 5, 2021 | Updated 20:23 IST
n December 2019, the Union Cabinet had given nod to the NHAI to set up an InvIT and monetise national highway projects
The National Highways Authority of India (NHAI) on Monday filed draft papers with markets regulator Sebi for floating an Infrastructure Investment Trust (InVIT) through which it seeks to raise Rs 5,100 crore. InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time.