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franklin templeton news

Franklin Templeton plans first India debt fund after a $3 billion freeze

Franklin is returning to India’s debt market with a fund offer for the first time since April 2020 (Bloomberg)
Published on Aug 19, 2024 01:38 pm IST

$20bn wipeout means India tech darlings' shares snapped up by Franklin Templeton

Franklin Templeton. (Bloomberg News)
Published on Jan 06, 2023 10:51 am IST

SC tells Franklin Templeton to pay investors 9,122cr

The Supreme Court on Tuesday directed Franklin Templeton to disburse 9,122 crore to the unitholders of the six schemes shut in April within 20 days.
Published on Feb 03, 2021 03:57 am IST

Willing to take consent from unitholders: Franklin Templeton

Franklin Templeton has told the markets regulator that it will comply with a high court order to seek consent from its unitholders even as it challenged the ruling
Updated on Nov 27, 2020 05:13 am IST

Franklin needs investors’ nod for closure of debt funds: HC

Franklin shut six of its fixed-income and credit-risk funds run by its Indian unit in April after a liquidity crisis compelled the firm to freeze investor withdrawals.
Published on Oct 25, 2020 01:11 am IST

Franklin Templeton MF’s closed schemes receive Rs 1,498 cr in two weeks

A file photo of Franklin Templeton Investments in Mumbai. Photo by
Published on Sept 03, 2020 12:32 pm IST

Franklin Templeton Mutual Fund’s shut schemes receive 3,275 crore since closure

Headquarters of Franklin Resources Inc., parent company of money management unit Franklin Templeton, in California.
Updated on Jul 14, 2020 05:57 am IST

Voda Idea clears dues of Franklin, six others

The repayment was part of the 3,500 crore NCDs sold by Vodafone Idea
Updated on Jul 10, 2020 11:33 pm IST

‘Move to shut schemes has hit our reputation’

In his first interview since the crisis broke out in April, Sanjay Sapre admitted that the Franklin Templeton brand name built up over the past 25 years has taken a massive hit
Published on Jul 08, 2020 05:56 am IST

Franklin Templeton MF receives interest payment of 103 crore from Vodafone Idea

Franklin Templeton MF side-pocketed its exposure in the telecom player and from January 24, various securities issued by Vodafone Idea in the schemes were segregated from the total portfolio.
Published on Jun 14, 2020 04:25 pm IST

Franklin Templeton offers unconditional apology to Sebi

Headquarters of Franklin Resources Inc., parent company of money management unit Franklin Templeton in San Mateo, California.
Published on May 09, 2020 01:29 am IST

Investors rush to exit risky funds in April after 6 Franklin Templeton funds collapsed

Traders work in the product options pit at the New York Mercantile Exchange in New York.
Published on May 09, 2020 01:25 am IST

Franklin seeks external advisers to wind down its credit-risk funds

Lockdown hurdles are forcing Franklin to seek electronic voting alternatives for winding up its mutual fund schemes.
Published on May 05, 2020 12:35 am IST

Sebi investigates Franklin Templeton

The schemes allegedly did not follow Sebi’s scheme classification mandate.
Published on May 04, 2020 02:52 pm IST

Trading in corporate bonds gathers pace in relief for MFs

Assets under management (AUM) of credit risk funds dropped 19% in the three days to April 29, according to data compiled by Pulse Labs, a mutual funds data provider.
Published on May 02, 2020 03:34 am IST

Covid triggers mutual crisis

Assets under management of credit risk funds have dropped 19% since Franklin Templeton India shut six of its debt schemes.
Published on Apr 30, 2020 06:30 am IST

News updates from Hindustan Times: Mumbai police team enforcing lockdown attacked by mob, 4 detained and all the latest news

The patrolling police personnel reached an intersection in Shivaji Nagar after the police control room informed them of a mob was roaming on the road, the police said.
Published on Apr 27, 2020 01:13 pm IST

Sensex, Nifty jump 2% as RBI eases mutual funds liquidity worries

The Nifty advanced 2.21% to 9,356.65 by 0504 GMT, while the benchmark Sensex gained 2.26% to 32,034.22.
Updated on Apr 27, 2020 12:16 pm IST

After Franklin Templeton shuts debt schemes, Chidambaram asks govt to step in

Congress leader P Chidambaram pointed out how the UPA government had handled a similar situation during the global financial crisis in 2008 when mutual funds faced liquidity stress.
Updated on Apr 25, 2020 04:03 pm IST

List of 6 mutual funds closed by Franklin Templeton

Franklin Templeton will now sell the underlying securities of all the six funds over time and pay off their investors in a staggered manner.
Published on Apr 24, 2020 12:09 pm IST

Franklin Templeton to close 6 India funds: What does it mean for you

People look at a screen and electronic ticker board show outside the Bombay Stock Exchange (BSE) building in Mumbai.
Updated on Apr 24, 2020 11:53 am IST

India’s correlation with global markets nears 10-year low

Bombay Stock Exchange building in Mumbai. While Indian stocks are more closely correlated with their global peers than are the nation’s bonds or the rupee, the link has declined from a high reached in 2010.
Updated on May 28, 2018 12:27 pm IST

Emerging markets Guru Mark Mobius says no to retirement, will set up new firm

Mark Mobius, fromer executive chairman of Templeton Emerging Markets Group, poses for a photograph.
Published on May 02, 2018 05:57 pm IST