Saregama, a part of RPSG Group, saw a slight dip in its September quarter performance. Net profit fell 2% year-on-year to Rs 44 crore. Revenue from operations also declined 5% to Rs 230 crore. The company declared an interim dividend of Rs 4.50 per share. Saregama expanded its music portfolio and saw growth in its live events business.
Sebi allows intraday borrowings by MFs to settle redemptions
The Securities and Exchange Board of India is taking decisive action in the investment landscape with its latest mutual fund regulations. Effective next month, these