Templeton Funds

FT has added a new dimension of risk to Indian debt funds On April 23rd, Franklin Templeton India announced the winding up of six of its debt funds. The common thread among all these funds was that they were all debt funds. These six funds would entail the winding up of 14 segregated fund portfolios.…

Oil Futures

Long traders in crude oil on the MCX must learn to take the losses On the evening of 20th April, the WTI oil futures contract dipped to a low of $- 37.66/bbl due to a sharp demand drop. The shortage of storage in the US also took the US crude into negative. In the process,…

Facebook Deal

Facebook stake in Reliance Platforms could have larger implications The much talked deal between Reliance and Facebook finally happened during the week. Facebook announced its investment of $5.7 billion into Reliance Platforms (owner of digital assets of Reliance) for a 9.99% stake. This would mark one of the biggest investments for a minority stake in…