The Securities and Exchange Board of India has resolved cases with 29 venture capital funds. These funds faced allegations of violating securities laws. They have agreed to pay a total of approximately ‘2 crore. The settlements address non-compliance with older rules regarding venture capital funds. This involved holding investments beyond the permitted liquidation period.
Laurus Labs Q4 Results: Cons PAT increased 19% to Rs 279 crore, revenue rises 5%
Laurus Labs reported a 19% year-on-year jump in net profit to Rs 279 crore for the March quarter, with revenue rising 5% to Rs 1,812