NFO Watch: Franklin Templeton Mutual Fund launches Medium to Long Duration Fund

The new fund offer (NFO) will be open for subscription from September 3 to September 17, with continuous sale and repurchase starting on September 26. The scheme, managed by Chandni Gupta and Anuj Tagra, will be benchmarked against the CRISIL Medium to Long Duration Debt A-III Index.

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Work starts on $2-billion Tata Capital IPO

The conglomerate recently gave Kotak Investment Banking officials the go-ahead to commence the process after a meeting, they said. It plans to appoint additional bankers