A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from new as well as old investors when it goes for the next round of fund-raising.
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The
Zee Entertainment Enterprises pulled off a surprise win by securing India’s broadcast and digital rights for multiple FIFA events through 2034, including the FIFA World
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