Fairfax has more than 10% shareholding and voting rights indirectly in two MFs – IIFL and Quantum. Fairfax said it’s in the process of paring its stake in IIFL Wealth to comply with Sebi norms.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.