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The company pauses its "retention scheme", which pays out cash to top executives linked to its rescue loan.
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News and Media
Balanced advantage funds (BAFs) offer a compelling alternative to DIY investments, automatically adjusting equity-debt allocations based on valuation or momentum models. These funds, managing 2.93 lakh crore across 5,250,000 folios, utilize in-house models to dynamically allocate assets. Taxed as equity funds, BAFs are suitable for investors seeking higher returns than fixed deposits with managed volatility.
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CleanMax Enviro Energy Solutions is preparing for an initial public offering. The renewable energy company aims to raise 4,000-5,000 crore. The IPO will include both primary and secondary share sales. It values CleanMax at around 18,000-20,000 crore. Brookfield and other investors will sell stakes. The funds will support CleanMax's future growth. Axis Capital and other banks are managing the offering.
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