The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over ₹20,000 crore in assets. A new framework will identify ‘significant indices,’ requiring their providers to register with Sebi. This move aims to enhance investor protection by bringing key benchmarks under regulatory oversight.
Adani Group stocks slide up to 14% on US SEC heat
Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder