The transition will trigger an open offer for an additional 26% stake in accordance with takeover laws, which mandate an incoming promoter or controlling entity to buy the additional shares from existing minority investors.
Four mutual fund NFOs will open for subscription this week. These funds are index funds offered by Motilal Oswal Mutual Fund. (Source: ACE MF)
Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand
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