FIDELITY INVESTMENT TRUST
TRUST Mutual Fund appoints Jalpan Shah as head of fixed income Prior to joining TRUST Mutual Fund, Shah served as Senior Vice President at HSBC Mutual Fund. He was a key member of the organisation and is credited for managing substantial AUM in the fixed income space.
30 May, 2024, 04.23 PM ISTGo Digit IPO opens; quick commerce boost for FMCG firms Go Digit General Insurance launched its Rs 2,615 crore initial public offering (IPO) on Wednesday. More details on this in today's ETtech Top 5.
15 May, 2024, 07.41 PM ISTGo Digit Insurance Rs 2,615 crore IPO retail portion fully subscribed The IPO, priced between Rs 258 to Rs 272 per share, will close on Friday. The company had reserved 9.6 million shares for retail investors.
15 May, 2024, 05.51 PM IST- ADVERTISEMENT
Digit Insurance IPO's retail portion fully subscribed; key highlights of the offering The retail portion of Digit Insurance's IPO was fully subscribed at 1.45pm. The company had reserved 9.6 million shares for retail investors in the issue that opened on Wednesday. The Rs 2,615-crore IPO comprises a fresh issue of Rs 1,125 crore and ...
15 May, 2024, 03.23 PM ISTOutflows from Grayscale bitcoin ETF hit $1.9 billion in single week Grayscale Bitcoin Trust saw $1.9 billion outflows, affecting U.S. spot bitcoin ETFs. Despite buying interest from BlackRock, Fidelity, inflows slowed. Grayscale's high fee, bankruptcy trustees selling contributed. Challenges with Wealthfront, intere...
25 Mar, 2024, 11.32 PM ISTGrayscale plans spin off of spot bitcoin ETF GBTC - which in January received approval to convert from a trust to an ETF - currently has higher fees than its peers, one of the key factors in drawing investors to rival ETFs, Reuters has reported.
13 Mar, 2024, 08.31 AM ISTBitcoin ETFs come with risks: Here are key things you should know Several established financial institutions, including Fidelity and BlackRock, have coalesced around bitcoin because it is the world's first and largest cryptocurrency. But bitcoin remains an enigma to most everyday investors, and it's hard to separa...
20 Jan, 2024, 12.03 PM ISTCrypto funds have arrived. But who needs them? The SEC this month approved 11 new ETFs that track the price of bitcoin, and the decision has been heralded by promoters of bitcoin — and of the new funds — as an important event, legitimizing bitcoin as an asset class.
20 Jan, 2024, 11.01 AM ISTBitcoin ETF hopefuls still expect SEC approval despite social media hack U.S. asset managers remain hopeful the securities regulator will permit the trading of spot bitcoin exchange-traded funds (ETFs), even after a fake post on the agency's social media account saying they had been approved sparked confusion on Tuesday.
10 Jan, 2024, 07.57 PM ISTCompanies disclose expected fees for spot bitcoin ETFs ahead of SEC decision Their rates were well below the average rate that analysts had anticipated and that even some issuers had indicated would be the range.
09 Jan, 2024, 08.36 AM ISTInvesting in PSUs: Risks are of a different nature and so is reward for these 45 public sector stocks Few years back, for a PSU stock to do well there was an unwritten rule on Dalal street. Is that company a divestment candidate? If yes, then the street would look at in a positive manner otherwise it was a no go area. Nobody on the street was intere...
31 Dec, 2023, 03.34 PM ISTCrypto Talk | Fidelity Investment, BNY Mellon’s foray into crypto a boon, not bane: Giottus Crypto "In India, as regulatory clarity evolves, it is clear that crypto is here to stay. The primary challenge lies in aligning the government’s stance with a user-friendly environment for crypto enthusiasts. This will encourage businesses that have remai...
31 Oct, 2023, 11.37 AM ISTETtech Explainer: Will rate limits accelerate the decline in Twitter’s revenue? Citing advertising and marketing industry executives, a Reuters report said the rate limits could impede efforts by Twitter’s new chief executive Linda Yaccarino to woo advertisers.
03 Jul, 2023, 02.08 PM ISTFidelity readies new spot bitcoin ETF filing - report Fidelity is expected to file for a spot bitcoin exchange-traded fund (ETF), joining other major asset managers like BlackRock and WisdomTree. The filing has helped reverse negative sentiment in the cryptocurrency markets. If approved, the bitcoin ET...
28 Jun, 2023, 12.45 PM ISTFidelity preparing to submit spot bitcoin ETF filing: report The filings have been viewed as a vote of confidence for the crypto space, reigniting some retail interest in the industry which had felt renewed pressure after Binance and Coinbase Global, two of the biggest crypto exchanges, came under fire from t...
27 Jun, 2023, 11.49 PM ISTFidelity Group company leases sea-view office space in Mumbai The firm has leased over 6,150 sq ft of usable office space in the tower for five years. The agreement includes a clause to escalate rentals by 9.75% every two years.
24 Apr, 2023, 08.18 AM ISTThe/Nudge ties up with Punjab for its Indian Administrative Fellowship for private sector executives The/Nudge, founded by Atul Satija in July 2015, hopes that socially conscious business and technology leaders will pursue the opportunity to work with civil servants. The selection process involves screening after interactions with The/Nudge team, c...
05 Oct, 2022, 04.50 PM ISTAsset Monetisation: Government beats FY22 target with Rs 96,000 crore "During FY22, transactions aggregating to about ₹96,000 crore of accrual or investments by central and state government entities have been completed under the core asset monetisation programme," the official said. "This will have a cumulative invest...
13 Apr, 2022, 12.03 AM ISTSona Comstar raises Rs 2,500 crore in anchor issue, third-largest ever The anchor issue is the third-largest in Indian capital market history after SBI Cards and Payment Services and Power Grid Infrastructure Investment Trust.
12 Jun, 2021, 09.08 AM ISTBitcoin tops $17,000 for first time in almost three years The largest digital coin, which has more than doubled this year, rose as much as 2.4% to $17,099 on Tuesday in New York trading. From an all-time high in December 2017 of nearly $20,000, Bitcoin tumbled to as low as $3,136 within a year.
17 Nov, 2020, 08.40 PM IST