The Supreme Court has allowed Aakash Educational Services to proceed with its rights issue. This fundraising move was challenged by Byju’s bankrupt parent company, Think & Learn. The court asked Think & Learn to subscribe to the shares by next Monday. Aakash Educational Services assured the court that Think & Learn’s shareholding would be protected.
Asset allocation should not be momentum driven: Navneet Munot on gold rush and markets
HDFC AMC MD & CEO Navneet Munot advises investors against momentum-driven decisions, emphasizing disciplined, multi-asset investing. He highlights India’s structural growth story despite near-term volatility