Tata Power shares rose following the Delhi High Court’s response to its petition against the coal ministry’s reduced compensation for deallocation of the Mandakini Coal Block. The High Court has asked the ministry to maintain the status quo on the compensation order until the next hearing on December 4.
SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS