India’s market regulator, Sebi, is proposing changes to speed up fundraising for alternative investment funds. A new ‘green channel’ will allow certain schemes to launch immediately. The waiting period for regular AIF schemes will be reduced. Accredited investors and angel funds will see greater flexibility, with direct filings replacing merchant banker involvement.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase