Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Franklin urges unitholders to back trustees’ decision to…
Mumbai: Franklin Templeton Mutual Fund has urged unitholders to vote in favour of the trustees’ decision to wind up the six debt schemes. This comes in after the Supreme Court ruled on Thursday that the…
Franklin Templeton MF’s six shut schemes generate Rs…
Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF shut six debt mutual fund schemes…
Franklin debt funds closure: HC may pass verdict…
The Karnataka High Court on Monday is likely to pronounce its ruling in the case filed against Franklin Templeton Mutual Fund by a clutch of unitholders of the six debt schemes that were shut down…
Franklin shuttered schemes have cash of Rs 8,262…
The six shuttered schemes of Franklin Templeton have received Rs 1,078 crore from maturities, pre-payments and coupon payments during the period 16-30 September 2020. This takes the total cash flows received till date since 24…
We aim to have a clear, transparent liquidation…
The e-voting to finalise the liquidation process of six wound-up schemes of Franklin Mutual fund will take place in a week. The remote e-voting is scheduled to start on June 9 and it will end…
Franklin India may take over five years to…
By Bijou George and Rahul SatijaInvestors in some of the credit funds run by Franklin Templeton’s India unit may have to wait over five years to fully recoup their money, the asset manager said in…
Sebi advises Franklin Templeton MF to focus on…
Mumbai: The Securities and Exchange Board of India (Sebi) said late on Thursday it has advised Franklin Templeton Mutual Fund (FT) to focus on returning money to investors, in the context of their winding up…
Should investors redeem ‘risky debt funds’ and Franklin…
Financial planner: SR Srinivasan, Founder, SriNivesh, a financial planning firm, based in Bengaluru. Questions asked by investors: 1.Should we redeem our money from debt mutual funds? 2.Are Franklin’s other funds safe? 3.Should we move to…