 |
|
|
|||||
The Securities and Exchange Board of India, Sebi, has permitted portfolio managers to transfer their portfolio management services, PMS, business. This transfer can be of select investment approaches or the entire PMS operations. The regulator has outlined specific procedures for transfers within the same group and between different entities.
Category:
News and Media
SBI Life Insurance experienced a 7% decrease in net profit during the second quarter of FY26, largely because of rising costs. Nevertheless, there's a silver lining as the Annualised Premium Equivalent surged by 10%.
Category:
News and Media
The Securities and Exchange Board of India has issued a directive. Mutual funds can no longer invest in pre-IPO share placements. They are now restricted to participating only in the anchor investor portion or the public issue of an initial public offering. This clarification aims to prevent mutual funds from holding unlisted shares.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||