Asset Under Management (AUM) in Mutual Funds operates similarly to market capitalization in stock markets, representing the total cumulative investment in a specific fund. It signifies the combined market value of assets and capital held by the fund. Fund houses manage AUM, and fund managers oversee these assets, making investment decisions for potential capital appreciation. […]
IPO, or Initial Public Offering, is a process where a private company becomes public by selling a part of its ownership to investors. This is typically done to bring in new capital, enable easy trading of existing assets, raise funds for future endeavors, or allow existing stakeholders to monetize their investments. In an IPO, institutional […]
India’s startup ecosystem is witnessing a dynamic surge, fueled by innovation, entrepreneurship, and robust government support. In the pursuit of fostering economic growth, the Indian government has rolled out several visionary schemes and initiatives, creating an environment ripe for groundbreaking startups in 2024. Let’s explore the top 10 innovative startup ideas that align with the […]
The Foreign Liabilities and Assets Annual Return (FLA Return) is a vital regulatory requirement in India, mandated by the Reserve Bank of India (RBI) for entities engaged in cross-border financial transactions. The FLA Return is an annual filing mechanism established by the RBI to capture detailed financial information regarding foreign liabilities and assets of Indian […]
Dr. B.R. Ambedkar, a prominent Indian jurist, social reformer, and the principal architect of the Indian Constitution, had a profound vision of social justice. Ambedkar’s ideas on social justice were deeply rooted in his commitment to eradicating caste-based discrimination, untouchability, and ensuring equal rights and opportunities for marginalized communities. His philosophy encompassed several key principles: […]
As India undergoes a rapid digital transformation, the data economy takes center stage, shaping the future of business and innovation. This article delves into India’s distinctive journey within the data economy, providing valuable insights into the opportunities and challenges that define its dynamic digital landscape. 1. Data Generation and Collection Trends in India: India’s digital […]
President Droupadi Murmu signed into law on Monday 25th December 2023 the three criminal bills that will replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC), and the Evidence Act. The Bharatiya Nyaya Sanhita has replaced the Indian Penal Code (IPC), the Nagarik Suraksha Sanhita has superseded the Criminal Procedure Code (CrPC), […]
Weakening trust in society and its institutions is a complex and multifaceted issue that can have far-reaching consequences for the functioning of communities and nations. Trust is a foundational element that binds individuals, communities, and institutions together. When trust erodes, it can lead to a range of negative outcomes. Several factors and dynamics contribute to […]
In the realm of legal proceedings, an ex-parte decree represents a unique facet where judgments are rendered in the absence of one of the parties involved. Derived from the Latin term “ex parte,” meaning “on one side,” these decrees are issued when one party fails to participate in the legal process, leaving the court to […]
The intersection of artificial intelligence (AI) and legal liability in India is a complex and evolving landscape. Artificial Intelligence refers to the development of computer systems that can perform tasks that typically require human intelligence. These tasks include learning, reasoning, problem-solving, perception, speech recognition, and language translation, among others. AI systems are designed to mimic […]