Sebi proposes consolidated executive pay disclosures for mutual fund AMCs

Sebi proposes consolidated executive pay disclosures for mutual fund AMCs



The Securities and Exchange Board of India (Sebi) has proposed a significant overhaul of executive remuneration disclosures by mutual fund asset management companies (AMCs), seeking to replace individual name-wise disclosures with consolidated compensation data.

 


The proposal, outlined in a consultation paper released on Tuesday, comes after industry participants raised concerns around privacy, data protection and the limited relevance of individual remuneration disclosures for investors.

 


Under the existing framework, AMCs are required to disclose the names, designations and remuneration of the chief executive officer (CEO), chief investment officer (CIO) and chief operating officer (COO), the top 10 employees by remuneration, and all employees earning above prescribed remuneration thresholds. Sebi has now proposed replacing these individual disclosures with consolidated remuneration figures and employee counts across categories.

 
 


The regulator said analysis of industry data showed that employees covered under the current disclosure framework account for only a small proportion of the overall workforce at most AMCs. Industry participants have also argued that public disclosure of individual remuneration could expose employees to privacy risks and place mutual funds at a disadvantage in competing for talent with portfolio management services (PMS) and alternative investment funds (AIFs), which are not subject to similar requirements.

 


Sebi has proposed that AMCs disclose aggregate remuneration paid to senior executives, top-paid employees and employees crossing salary thresholds, along with the number of employees covered under each category. It has also proposed that scheme-level remuneration of fund managers be made available only upon request by investors in the respective schemes.

 


However, legal experts cautioned that reducing individual-level disclosures could weaken an important governance tool.

 


“Individual remuneration disclosures have historically served as an important accountability mechanism, enabling investors and stakeholders to assess whether compensation structures are aligned with fund performance, risk-management objectives and long-term investor interests. Such disclosures also facilitate scrutiny of incentive arrangements and help identify potential governance concerns relating to disproportionate pay or misaligned compensation practices,” said Abhishek Paliwal, Partner, King Stubb & Kasiva, Advocates and Attorneys.

 


Paliwal added that while privacy concerns are legitimate, the regulator would need to ensure that any dilution of disclosure norms does not come at the cost of transparency, accountability and investor confidence.

 


Sebi has invited public comments on the proposals until June 30.

 



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Fact Check: क्या माहिरा शर्मा से शादी करने वाले हैं मोहम्मद सिराज? जानें वायरल दावें की सच्चाई

Fact Check: क्या माहिरा शर्मा से शादी करने वाले हैं मोहम्मद सिराज? जानें वायरल दावें की सच्चाई


कई क्रिकेटर्स और अभिनेत्रियों के बीच रिश्ते रहे हैं, कई तो शादी भी कर चुके हैं. विराट कोहली और अनुष्का शर्मा ऐसी जोड़ियों में सबसे फेमस है. जब कभी क्रिकेट और मनोरंजन जगत के बीच रिश्ते की खबर होती है तो ये सोशल मीडिया पर आग की तरह फैलती है, जैसे IPL 2026 के दौरान अर्शदीप सिंह का नाम समरीन कौर से जुड़ा. कुछ समय पहले मोहम्मद सिराज का नाम माहिरा शर्मा के साथ जुड़ा, हालांकि अब एक पोस्ट में यहां तक दावा कर दिया गया कि दोनों जल्द शादी करने जा रहे हैं.

मोहम्मद सिराज आयरलैंड और इंग्लैंड के खिलाफ टी20 सीरीज से भी बाहर हो गए हैं. BCCI ने स्क्वॉड में उन्हें शामिल किया था, लेकिन उनकी जगह प्रसिद्ध कृष्णा को शामिल करते हुए बताया गया कि वर्कलोड मैनेजमेंट के चलते उन्हें बाहर किया गया है. बोर्ड ने बताया कि टीम प्रबंधन और मेडिकल टीम के बीच हुई चर्चा के बाद एहतियाती उपाय के तौर पर ये फैसला लिया गया. क्या इस बीच सिराज शादी करने जा रहे हैं?

यह भी पढ़ें- वैभव सूर्यवंशी अगले सुपरस्टार, सेल्फी के लिए उमड़ी भीड़; फैंस ने बाकी खिलाड़ियों को किया इग्नोर

क्या है सच्चाई

वायरल पोस्ट में कहा जा रहा है कि मोहम्मद सिराज और माहिरा शर्मा जून के आखिरी हफ्ते में शादी करने जा रहे हैं. आपको बता दें कि दोनों के बीच अफेयर की खबरें भी कई समय तक बनी रही थी, लेकिन माहिरा ने एक इंटरव्यू में साफ कहा था कि वह किसी के साथ रिलेशनशिप में नहीं हैं, उनका नाम क्रिकेटर से जोड़ा जाता है. जबकि सिराज ने भी ऐसी अफवाहों को सिरे से खारिज किया था. मोहम्मद सिराज और माहिरा शर्मा की शादी को लेकर किया जा रहा दावा झूठा है.

यह भी पढ़ें- टी20 इंटरनेशनल में एक ओवर में सबसे ज्यादा रन देने का अनचाहा रिकॉर्ड किसके नाम? देखें टॉप-5 लिस्ट

मोहम्मद सिराज को अभी BCCI ने आराम दिया है. वह टी20 वर्ल्ड कप 2026 विनिंग टीम का हिस्सा थे, इसके बाद उन्होंने गुजरात टाइटंस के लिए IPL 2026 में सभी मैच खेले. इसके बाद वह अफगानिस्तान के खिलाफ एकमात्र टेस्ट में खेले थे.





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Board of Zee Entertainment Enterprises approves raising capital of Rs 2,300 cr

Board of Zee Entertainment Enterprises approves raising capital of Rs 2,300 cr


At meeting held on 10 June 2026

The board of Zee Entertainment Enterprises at its meeting held on 10 June 2026 has approved the raising of capital by the Company of minimum Rs. 2,300 crore in one or more phases/tranches to fund the strategic and business initiatives. Further, the Board decided to deliberate further on options for raising funds.  

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Jun 10 2026 | 6:50 PM IST



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Airtel rechristens ‘Priority Postpaid’ services to ‘Fast Lane’  

Airtel rechristens ‘Priority Postpaid’ services to ‘Fast Lane’  


Airtel said that data related to 5G slicing has been transparently shared with the regulator
| Photo Credit:
REUTERS

New Delhi, June 10: Bharti Airtel (Airtel) has rebranded its Priority Postpaid service to “Fast Lane” within a few days of its launch, but the company said everything that was offered remains the same adding that it was not withdrawing its plan, and the customers do not have to worry about any changes.

“There is no question of withdrawal of our new post paid plan. To the contrary, we have had a satisfying response to the launch of our new plan backed by 5G slicing technology. In fact, with this launch, we are seeing an improvement in the delivered experience across both prepaid and postpaid users,” said a company spokesperson to queries sent by businessline.

This is primarily because the deployment of the company’s new standalone network has increased network efficiency for all, the spokesperson said.

“Our new post paid plan is available to all customers in a simple, transparent, and ubiquitous way. Using our slicing technology, we are able to offer our postpaid users enhanced speed. While doing this, we also have comprehensive data to show that prepaid users continue to enjoy the very same experience they have had before we launched this technology. In other words, slicing has no impact on the experience for prepaid users,” the spokesperson said.

Global Standards

Airtel further highlighted that this data has been transparently shared with the regulator.

“Importantly, what we have done is consistent with the global standards that this technology uses in several countries such as the US, UK, Korea and Singapore where it has been launched,” the company added.

Since its launch of the new postpaid services on May 19, the Airtel Priority triggered net neutrality debate, with Telecom Regulatory Authority of India (TRAI) also calling company officials to explain about the new services.

The principles of net neutrality were framed to defend the rights of low-paying customers to have non-discriminatory access to the Internet. A Parliamentary Committee, on May 26 also sought answers from the Department of Telecommunications (DoT) and TRAI to review the impact of 5G network slicing services in Singapore, the UK and a few other nations.

No Degradation

The Parliamentary Standing Committee on Communications and Information Technology, headed by BJP leader Nishikant Dubey, noted that the Priority Postpaid plan of certain telecom operators could compromise the net neutrality of crores of prepaid mobile users. The Committee then asked the DoT and the TRAI to get back with their responses in 25 days, when the panel will meet again.

However, Airtel has defended its new service before a Parliamentary panel, asserting that the offering, powered by 5G network slicing, neither violates net neutrality norms nor degrades service quality for prepaid users.

On the latest nomenclature, the company said, “Our launch campaign has ended. And, our descriptor to signal what we are doing – ‘Fast Lane’ – captures the essence of what we offer. Our postpaid users continue to remain on a slice. So, every user who chooses our postpaid plan and has a 5G-capable device gets an enhanced experience. Faster speeds, unlimited data, and exceptional service.”

Meanwhile, Airtel on Wednesday said it has deployed more than 2,900 new 5G network sites across 77 districts over the past 12 months that provides reliable high-speed connectivity to over 28.6 million customers across bustling cities and fast-growing towns to remote rural villages of Punjab, Haryana, Himachal Pradesh, and Jammu and Kashmir.

Published on June 10, 2026



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DII inflows hit record ₹4,000 crore a day as FPIs continue to exit stocks

DII inflows hit record ₹4,000 crore a day as FPIs continue to exit stocks



While global capital continues to gravitate towards artificial intelligence (AI)-linked investment themes, domestic institutional  investors (DIIs) have remained firmly committed to Indian equities, pumping in a record ₹4,000 crore every trading day this calendar year. Their relentless buying has helped absorb unprecedented foreign portfolio investor (FPI) selling and prevented a deeper correction in the market.

 


Data from stock exchanges shows DIIs have purchased Indian equities worth ₹4.3 trillion in the first half of calendar year 2026 (H1CY26) across 106 trading sessions until June 9, the highest-ever inflow recorded for the January-June period.

 


In contrast, FPIs have sold shares worth ₹2.8 trillion during the period, according to National Securities Depository (NSDL) data, marking the largest H1 outflow on record.

 
 


Market experts say while global investors have redirected capital towards developed markets and AI-driven opportunities, domestic savings continue to find their way into equities through mutual funds (MFs), insurance products, pension schemes and alternative investment funds (AIFs).

 


A large part of the DII firepower has come from MFs. Active equity schemes attracted net inflows of ₹1.5 trillion during the first five months of CY26, exceeding the ₹1.4 trillion mobilised during the year-ago period. Meanwhile, MFs have injected over ₹2.7 trillion into listed stocks.

 


Participants say Indian households have few compelling alternatives as fixed-income instruments such as bank deposits and traditional savings products often struggle to deliver positive real returns after taxes and inflation. Overseas investing, meanwhile, remains constrained by regulatory limits and operational hurdles. As a result, equities continue to be viewed as one of the most effective avenues for long-term wealth creation.

 


“In many ways, SIPs (systematic investment plans) have become the modern equivalent of recurring deposits. Investors have developed the habit of setting aside a portion of their salary every month. The concepts of rupee-cost averaging and staying invested through market cycles have been reinforced over the years, creating a powerful behavioural shift among retail investors,” said U R Bhat, co-founder of Alphaniti Fintech.

 


The resilience of DII flows was particularly evident in the broader market. Despite sustained foreign selling, the Nifty Midcap 100 and Nifty Smallcap 100 remained largely flat this year, outperforming the benchmark Nifty, which declined around 11 per cent.

 


Analysts attribute this divergence partly to the nature of FPI selling, which has been concentrated in large, liquid stocks that dominate benchmark indices. Strong domestic inflows, meanwhile, have continued to support mid and smallcap shares, where local investors account for a larger share of ownership.

 


The contrast becomes starker when compared with other Asian markets. AI-driven markets such as South Korea and Taiwan have attracted substantial foreign capital and outperformed this year, while Indian equities have contended with concerns over elevated energy prices amid geopolitical tensions involving Iran, Israel and the United States.

 


“There are currently no signs of a meaningful reversal in FPI flows given prevailing geopolitical uncertainties. In this environment, DIIs are likely to remain buyers. If domestic institutions do not absorb the supply, the market could witness a much sharper correction. Moreover, DIIs now own a larger share of Indian equities than foreign investors, making market stability an important consideration for them,” said Chokkalingam G, founder of Equinomics Research.

 


The strategy of buying when FIIs sell pays off in the long run, he added.

 


“Since the 2008 Lehman Brothers crisis, a clear pattern has emerged. Whenever FPIs sold aggressively due to fear or uncertainty, DIIs stepped in as buyers, often in larger amounts. This was visible during the global financial crisis, the disruptions around 2016 and the Covid-19 pandemic. Markets eventually recovered, allowing domestic institutions to benefit from accumulating quality assets at attractive valuations,” said Chokkalingam.



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