Determining the global AUM is significant because a ‘regulated’ fund whose exposure to an Indian business group and to the Indian equity market is below 25% and 50% respectively of its global AUM is spared of the granular disclosure rules laid down by the Securities and Exchange Board of India (Sebi).
IndiGo shares snap 5-day losing streak to trade in green as airline responds to DGCA show-cause notice
IndiGo has formally responded to the DGCA’s notice concerning widespread flight cancellations and delays. The airline cited changes in pilot duty norms and minor technical