Eternal may see outflows worth $840 million following FTSE, MSCI’s weight cuts

Eternal, formerly Zomato, may see passive outflows of $840 million as FTSE and MSCI reduce its index weightage due to a Foreign Ownership Limit cut, impacting global investor exposure.

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Sebi moves to standardise consent rules for AIFs

Securities and Exchange Board of India (Sebi) is proposing significant governance changes for alternative investment funds. The regulator aims to standardize investor consent, enhance oversight