Adani Enterprises has launched its ₹24,930-crore rights issue, offering shares at a 23% discount, with proceeds earmarked for major infrastructure expansion, new-age businesses and debt reduction, while promoters are expected to fully participate
TER clarity a welcome step, but India’s MF industry still far from scale: Feroze Azeez
SEBI’s move to unbundle statutory levies from mutual fund TER aims for transparency, but Feroze Azeez of Anand Rathi Wealth cautions against excessive cost tinkering.