Tata Investment Corp. has soared 116% so far in 2024, the most among the Nifty 500 Index companies that represent more than 94% of India’s market capitalization. The stock has led a $58 billion rally in Tata Group companies since the start of the year.
AIFs seek status quo as ‘foreign control’ rules go for a recast
Local alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows into India’s economy. The draft rules aim to