The Securities and Exchange Board of India (Sebi) is investigating the surge in thematic mutual fund launches, which raised about ₹80,000 crore in 2024. Sebi chairperson Madhabi Puri Buch mentioned an incentive-driven arbitrage in the proliferation, with thematic funds now managing assets worth ₹4.63 lakh crore.
3B Films IPO opens for subscription at Rs 50 per share
3B Films, a plastic packaging film manufacturer, launched its IPO on Friday at ₹50 per share, aiming to raise ₹33.75 crore. The IPO, open until