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US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
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Probe Agency Conducts Search Against Franklin Templeton In Mumbai, Chennai
The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives in Mumbai and Chennai as part of a money laundering investigation, officials said.
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Uber Said to Have Sold 7.8 Percent Stake in Zomato for $392 Million via Block Deal
Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.
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Aptos Labs Raises $150 Million in Series A Funding, Plans to Expand Staff
Aptos Labs, a blockchain start-up founded by former Meta employees, Mo Shaikh and Avery Ching, has secured $150 million (roughly Rs. 1,196 crore) in a Series A funding round. FTX Ventures and Jump Crypto led the funding round. Griffin Gaming Partners and Franklin Templeton are among other venture capital firms that participated in the round. With t...
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Franklin Templeton To Pay 9,122 Crores To Investors In 20 Days: Top Court
The Supreme Court today ordered that Rs 9,122 crore be paid to investors of six Franklin Templeton Mutual Fund Schemes within 20 days.
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After Franklin Templeton Shuts Funds, P Chidambaram Gives 2008 Example
Former finance minister P Chidambaram has asked the centre to "act promptly" to stop any cascading effect of the unprecedented closure of six debt funds by global giant Franklin Templeton.
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Blog: Templeton's Fund Fiasco - Warning Bells For India
The Modi government and the RBI will have to work in tandem and act quickly to stop this from happening. One tool could be to direct liquidity towards mutual funds at cheaper rates so that they can meet growing redemption pressure.
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Franklin Templeton To Close Six India Funds Hit By Coronavirus
Franklin Templeton Mutual Fund on Thursday announced it would wind up six yield-oriented, managed credit funds in India, effective April 23, citing severe market dislocation and illiquidity caused by the coronavirus.
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Ukraine Makes Crunch Bond Payment, Staving Off Default
Ukraine on Friday made a crucial Eurobond interest payment that kept the war-torn country from slipping into technical default and potential isolation from global credit markets.
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US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
-
Probe Agency Conducts Search Against Franklin Templeton In Mumbai, Chennai
The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives in Mumbai and Chennai as part of a money laundering investigation, officials said.
-
Uber Said to Have Sold 7.8 Percent Stake in Zomato for $392 Million via Block Deal
Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.
-
Aptos Labs Raises $150 Million in Series A Funding, Plans to Expand Staff
Aptos Labs, a blockchain start-up founded by former Meta employees, Mo Shaikh and Avery Ching, has secured $150 million (roughly Rs. 1,196 crore) in a Series A funding round. FTX Ventures and Jump Crypto led the funding round. Griffin Gaming Partners and Franklin Templeton are among other venture capital firms that participated in the round. With t...
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Franklin Templeton To Pay 9,122 Crores To Investors In 20 Days: Top Court
The Supreme Court today ordered that Rs 9,122 crore be paid to investors of six Franklin Templeton Mutual Fund Schemes within 20 days.
-
After Franklin Templeton Shuts Funds, P Chidambaram Gives 2008 Example
Former finance minister P Chidambaram has asked the centre to "act promptly" to stop any cascading effect of the unprecedented closure of six debt funds by global giant Franklin Templeton.
-
Blog: Templeton's Fund Fiasco - Warning Bells For India
The Modi government and the RBI will have to work in tandem and act quickly to stop this from happening. One tool could be to direct liquidity towards mutual funds at cheaper rates so that they can meet growing redemption pressure.
-
Franklin Templeton To Close Six India Funds Hit By Coronavirus
Franklin Templeton Mutual Fund on Thursday announced it would wind up six yield-oriented, managed credit funds in India, effective April 23, citing severe market dislocation and illiquidity caused by the coronavirus.
-
Ukraine Makes Crunch Bond Payment, Staving Off Default
Ukraine on Friday made a crucial Eurobond interest payment that kept the war-torn country from slipping into technical default and potential isolation from global credit markets.
