Author: Charlotte

Sebi issues new guidelines allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds past fund life and introduces ”Inoperative Fund” status.New Delhi, Jun 16 (PTI) Markets regulator Sebi on Tuesday issued guidelines to permit Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their permissible fund life under specified circumstances.The regulator also introduced an ‘Inoperative Fund’ framework for wound-up funds with residual obligations.The move follows amendments to the Sebi (Alternative Investment Funds) Regulations on April 18 aimed at providing operational flexibility to AIFs during the winding-up process and surrender of registration. Under the new framework, AIFs or their schemes may…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

BAKU, Azerbaijan, June 16. Azerbaijan is ready to become a strategic gateway for investors to the halal economy market by offering highly competitive agricultural investment conditions, Majnun Mammadov, Minister of Agriculture of Azerbaijan, said during the 14th Private Sector Forum of the Islamic Development Bank Group, Trend’s correspondent reports from the event. According to him, the halal economy today represents not merely a separate market segment, but a fast-growing and sustainable asset class that is reshaping global trade. “The global halal ecosystem has expanded far beyond its traditional boundaries and has evolved into a comprehensive sustainable development model valued at…

As Bitcoin reclaims $65k, it’s notable that a few altcoins have already begun pulling back. Notably, Bittensor is showing this setup in real time. From a technical standpoint, the AI project is down nearly 2.5% this week, following $TAO’s solid 27% rally last week. From a structural viewpoint, this appears to be a typical cooldown phase as investors take profits and bulls attempt to defend key support zones. However, the $TAO/$BTC ratio tells a different story. As shown in the chart below, the ratio rallied around 21% alongside $TAO’s 27% upside. More importantly, the new week opens with the ratio…

Sweden’s Folksam Group is investing SEK 2.7bn (EUR 248m) in Western European infrastructure. The companies making the investment are Folksam Life, Folksam General, Folksam Occupational Pension, KPA Pension, and the Swedish Consumer Cooperative’s Pension Foundation. Source link

(Alliance News) – The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday, Thursday and Friday and not separately reported by Alliance News:———-Cirata PLC – Sheffield, England-based software-solutions provider – Enters a revised original equipment manufacturer agreement with IBM Corp, which will offer Cirata’s data orchestration product Cirata Symphony to its customers, branded as Cirata Symphony for IBM Big Replicate. Says the solution is designed to deliver continuous data movement at petabyte scale with near-zero downtime; to expand native support for open table formats like Apache Iceberg; to provide real-time data lineage and immutable…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

The Indian economy has undergone a remarkable transformation since the country gained independence in 1947. From a colonial, agrarian economy grappling with widespread poverty, and low industrial growth. On August 15, 1947, India began its journey as a sovereign nation. The task of nation-building now rested in the hands of Indian leaders. Leaders like Nehru sought a balanced economic system, favouring a socialist model allowing private property and democracy. This led to the Industrial Policy Resolution of 1948 and the Directive Principles in the Constitution, advocating a mixed economy. The Planning Commission, established in 1950, marked the start of India’s five-year plans.  Post-liberalisation, the Indian economy…

As blockchain technology continues to evolve, Non-Fungible Tokens (NFTs) have emerged as one of the most innovative applications within the Web3 ecosystem. Initially popularized through digital art and collectibles, NFTs have expanded far beyond their early use cases. Today, they play a significant role in gaming, digital identity, memberships, ticketing, creator economies, and real-world asset tokenization. For businesses, developers, and blockchain innovators, understanding how NFTs fit into broader Crypto token development strategies is becoming increasingly important. NFTs are not simply digital collectibles; they are programmable blockchain assets that enable ownership verification, transparency, and decentralized interaction. This article explores the growing importance of…

For the past few years, “democratization” has been a popular buzzword to describe the growing allocations to private markets in the wealth channel. Hundreds of billions of dollars have been allocated to an ever-growing roster of funds. Technology has rapidly evolved to ease the pre-trade, trade and post-trade processes. And investors are grappling with their first major hiccup amid the issues facing private credit.Amid that landscape, advisors and alternative asset managers at the Wealth Management EDGE conference held at The Boca Raton resort in Boca Raton, Fla., last week talked about how allocations are shifting toward hard assets and infrastructure…