The move aims to encourage AMCs to collect only as much funds via NFOs as can be deployed in a reasonable time, and to discourage any mis-selling of NFOs of the mutual fund schemes. The new rule will come into effect from April 1.
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A
Gaurs Group is investing Rs 100 crore to establish a precast manufacturing plant in Greater Noida, partnering with Elematic India for advanced concrete technology. This
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