HNIs face new dos & don’ts on foreign bets

August 26, 2022

Till now, a person (besides investing in listed stocks) could invest up to 10% in a foreign ‘holding’ or an unlisted investment company – often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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