In April, Franklin Templeton India shut down six debt funds, locking in ₹30,800 crore of investor wealth after a surge in redemptions.Explaining the reason behind this, Franklin Templeton CEO Jennifer M Johnson said that this is a liquidity issue and not a solvency issue.Franklin Templeton India’s assets under management (AUM) declined by almost 43% – from $7 billion to $4 billion.Franklin Templeton India, one of the oldest asset management companies (AMC) in the country, decided to wind down six debt funds amounting to ₹30,800 crore in investor wealth. Now, in an earnings call, Franklin Templeton President and CEO Jennifer M Johnson has explained what exactly went wrong with its India business.“We're doing everything we can for those shareholders, to make sure they get all their money back.

Sheffield United moved up to third in the Championship, two points behind second-placed Norwich, after they won 3-0 at Wigan and West Brom lost away at Blackburn.

This was a major season that had it all. From Tiger Woods's remarkable comeback to Ireland's Portrush party of all parties, here are the biggest and best of this Grand Slam season.

GoogleSolutions like those from VAST Data can make AI adoption easier.Accessing stored data is a major problem that companies face in the quest to adopt artificial intelligence and other advanced analytical tools. VAST Data's all-flash storage solution makes it easier for corporations to quickly and continuously analyze large sets of information. The startup just raised $100 million, bringing its total valuation to $1.2 billion. This is on top of a recent $80 million funding round, of which $40 million still remains. "We did this to offer the peace of mind that we're here to stay forever," CEO Renen Hallak told Business Insider.Click here for more BI Prime stories.Artificial intelligence continues to be a major investment for companies, but enterprises are, in many cases, finding it exceedingly

The Ocean's Twelve star, 56, celebrated his triumph in style as he partied at the Vanity Fair Oscars bash, held at the Wallis Annenberg Center for the Performing Arts in Los Angeles on Sunday.

He's an old friend of her husband, Kanye West.

On Sunday night, odds-on favourite Sam - who directed 1917 - lost out on the prestigious award to Bong Joon-ho, for his direction of film Parasite

With Hollywood's biggest stars looking on, Parasite director Boon Joon Ho made history at Sunday night's Academy Awards as he stepped onto the stage to accept the Best Picture Oscar.

Liam Hemsworth was looking to upgrade his wardrobe, so he made multiple purchases at the John Varvatos store in West Hollywood. He was seen without his new girlfriend Gabriella Brooks.

TOM LEONARD: Parasite made history by becoming the first foreign language film to win Best Picture, the top award. Director Bong Joon-ho drew on his own experiences as a tutor to a rich family for inspiration.

It took all of ten seconds for the first winner at last night's Oscars to unleash an angry political statement against President Trump. Frankly, I'm only surprised it took that long.

Despite his success, it was reported by Just Jared on Monday that he won't actually get to keep the Oscar for Best International Film, as the prize is awarded to the film's country.

Rose McGowan tore into Natalie Portman in a scathing Facebook post, calling her fashion protest 'deeply offensive' and likening her to 'an actress acting the part of someone who cares.'

Jane Fonda glowed at the American Cinematheque's 4K restoration premiere of her 1972 documentary FTA this Saturday. She still sported the grey hairdo she debuted onstage at the Oscars.

She's dating one of America's top Hollywood talent agents, Patrick Whitesell, 55.

He is known for giving back to the community

Her fans have gone absolutely crazy for her new pop up shop in Los Angeles.

Tori Spelling, 43, and Dean McDermott, 50, who are already parents to nine-year-old Liam, eight-year-old Stella, five-year-old Hattie and four-year-old Finn, will be adding another boy to the family.

They've been spotted out together many times since they were first seen at New York's Met Gala in May. On Thursday an insider revealed what many had suspected...the 26-year-olds are an item.

Patty Jenkins is 'excited' over news that Joss Whedon may produce a Batgirl film. The 45-year-old Wonder Woman director said that she is over the moon about the March 30 news.

It's been 26 years since Catherine Zeta-Jones first graced our screens in The Darling Buds Of May, but her face looked just as immaculate in this picture taken last week.

Disney fired the 52-year-old filmmaker in July after offensive tweets he wrote between 2008-2012 joking about rape, child abuse, and pedophilia resurfaced

Disney fired the 52-year-old filmmaker in July after offensive tweets he wrote between 2008-2012 joking about rape, child abuse, and pedophilia

The 55-year-old writer and producer was married to Kaeppeler for five years and reportedly has a prenuptial agreement with his second wife.

The former actor told People it was his 52-year-old wife Nancy Juvonen who was the 'brains' behind his at-home The Tonight Show, figuring out the tone, the setting and the props.

The secretary of State talked to Iraq's prime minister and president separately by phone Tuesday on the heels of the American embassy in Baghdad being stormed by an angry mob.

A defiant Lindsey Graham appeared on Fox News on Sunday and pulled no punches when asked about some of the president's fiercest critics, including Alexandria Ocasio-Cortez.

Cleavon Gilman, who works at New York-Presbyterian Hospital in Washington Heights, tweeted his horror with a video of a packed Sheep Meadow in Central Park on Saturday.

Kylie Jenner made a good example of herself Saturday as she found ways to have fun and stay sane with her daughter Stormi Webster, two.

The 22-year-old reality star's two-year-old privileged princess appeared to be wearing all 24 of a $3 package of Trolls temporary tattoos

The Keeping Up With The Kardashians star has donated a whopping $1M to help doctors get the face masks, face shields and protective gear they need to help the sick suffering from COVID-19.

Kylie Jenner took to Instagram to share footage of herself and daughter Stormi tuning into the highly anticipated second episode from the comfort of their Calabasas mansion.

Khloe Kardashian has some co-parenting issues on her mind with her NBA player ex, Tristan Thompson, over him spending months away from their daughter True, who recently turned two.

Anton Franchikov (pictured with his wife Svetlana), 31, berated a group of people from his balcony before grabbing a hunting rifle and opening fire when they came inside.

Saudi Arabia, Russia and others agreed to slash their output by nearly 10million barrels per day to prop up prices after a slump in demand.

Analysts and President Vladimir Putin's political enemies wonder if his long and brutal reign might fall victim to the coronavirus crisis amid the perilous effects of the pandemic in Russia.

Mother-of-two Dr Yelena Nepomnyashchaya, 47, plunged 50ft from an office window in Krasnoyarsk, Siberia, after being told her hospital would treat coronavirus patients, despite lack of PPE.

Natalya Lebedeva had been accused of failing to stop an outbreak of Covid-19 inside the restricted Star City (file phot) where cosmonauts are trained, colleagues claimed.

Dr Andrew Marriott, 64, a retired lieutenant colonel and visiting researcher at Newcastle University, concluded it is 'highly implausible' that the medals came from Russian guns.

Alexander Shulepov, 37, from Voronezh is in intensive care after taking part in a video which claimed he was ordered to work despite testing positive for Covid-19.

Kate Upton joined Andy Cohen and 50 Cent for Watch What Happens Live on Monday. The model had some harsh words for Victoria's Secret and its focus on exclusively petite models.

The socialite, 34, looked incredible as she walked the red carpet alongside the likes of Scarlett Johansson, Laura Dern and Kate Upton.

DailyMail.com was given a look at her swimsuit images which were taken on a pristine beach this summer. The star is seen in two of the suits, the Jazmin model in teal and the Tiger style.

NYC will begin storing the bodies of coronavirus victims in freezer trucks to help ease the strain on the city's overflowing hospital morgues and overwhelmed funeral homes.

'NYC Hospitals were so packed and I was told I could only be admitted if urgent life support was needed similar to the rest of the patients.' So she had to recover on her own.

Stay at home orders remain in effect in New York City until at least May 15th as the coronavirus crisis continues, but essential outdoor activities such as walking the dog are still permitted.

New York City subway conductors said that essential workers who still use mass transit are in danger of being infected with coronavirus due to unsanitary conditions inside the cars.

Richard Holt, 34, (pictured) died after he was thrown from his Harley Davidson Motorbike when a 'racing' car clipped the rear of his bike on Saturday evening in Bayside, Queens, New York City.

Dr. Lorna M. Breen, the medical director of the emergency department at NewYork-Presbyterian Allen Hospital, died in Charlottesville, Virginia on Sunday, family members revealed.