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investment fund

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Minister of Finance Nirmala Sitharaman on November 6, 2019 had announced that the Cabinet had cleared a proposal to set up an AIF.(HT file)

Govt’s Rs 25,000-crore fund for real estate projects gets 400 applications so far: Report

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON DEC 17, 2019 04:59 PM IST
Around 400 applications have already been filed for funds to be granted under alternative investment fund and the first round of disbursements may take place as early as this month itself. Read on to know more...
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Ajay Piramal, Chairman of Piramal Group and Shriram Group at a media briefing in Mumbai.(Photo: Aniruddha Chowdhury/Mint)
Ajay Piramal, Chairman of Piramal Group and Shriram Group at a media briefing in Mumbai.(Photo: Aniruddha Chowdhury/Mint)

Piramal Group, IIFL Wealth join hands for Rs 2,000 crore fund for stalled realty projects

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON DEC 11, 2019 05:39 PM IST
It is increasingly becoming popular as an option for developers that have exhausted other funding options towards the closing phase of a project that is already underway.
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The CBDT clarified that the Friday announcement to roll back higher surcharge on foreign and domestic portfolio investors have not created any differential regime between foreign portfolio investors (FPIs) and domestic investors(PTI)
The CBDT clarified that the Friday announcement to roll back higher surcharge on foreign and domestic portfolio investors have not created any differential regime between foreign portfolio investors (FPIs) and domestic investors(PTI)

No differential regime, tax body clarifies on foreign portfolio investors

By Rajeev Jayaswal | New Delhi
PUBLISHED ON AUG 28, 2019 12:26 PM IST
AIFs are privately pooled investment funds of Indian or foreign sources and can operate in the form of a trust or a company or a body corporate or a limited liability partnership (LLP).
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Vijay Shekhar Sharma, founder and CEO, Paytm. Well-known investor Warren Buffett’s Berkshire Hathaway has invested in One97 Communications, the parent of Paytm.(Ramesh Pathania/Mint)
Vijay Shekhar Sharma, founder and CEO, Paytm. Well-known investor Warren Buffett’s Berkshire Hathaway has invested in One97 Communications, the parent of Paytm.(Ramesh Pathania/Mint)

Buffet’s money in Paytm is a ringing endorsement

By HT Correspondent | Hindustan Times
UPDATED ON AUG 29, 2018 06:49 PM IST
It’s increasingly becoming clear that the march of fin-tech firms is unstoppable.
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