In March 2020, amid the pandemic and an unsettling choppiness in the stock market, the Securities & Exchange Board of India (Sebi) had taken a slew of measures to minimise volatility. One of the steps was capping the naked or unhedged exposure that offshore and local mutual funds could take on equity index derivatives.
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly