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2024-09-19 17:25:19| The Economic Times

Reliance Infrastructure approved raising Rs 3,014 crore through a preferential issue to promoter group companies and other investors. The company also seeks shareholder approval for a QIP of up to Rs 3,000 crore.

Category: News and Media

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2024-09-19 16:53:09| The Economic Times

Markets regulator Sebi on Thursday tweaked the framework for valuing the investment portfolios of Alternative Investment Funds (AIFs) whereby securities -- other than unlisted, non-traded, or thinly-traded securities -- will now be valued in line with mutual fund rules.

Category: News and Media

2024-09-19 16:10:11| The Economic Times

The regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed the redemption of NCDs under the pretence of underwriting, a practice that is not permitted.

Category: News and Media

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