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State Bank of India (SBI) had moved the National Company Law Tribunal (NCLT) in Mumbai to recover over Rs 1,200 crore from Anil Ambani under the personal guarantee clause of the bankruptcy law.
Equity MFs add folios at faster pace in FebEquity funds added 3.4 lakh folios in February compared with the one-year average of 2.6 lakh. The number has risen for three consecutive months taking the total tally to 6.5 crore, which is nearly 67 per cent of the total mu… Read MoreFIIs cut bullish bets on Bank Nifty, Nifty. What does it signal?The open interest of the active Bank Nifty futures declined by 1.98 lakh shares to 13.37 lakh shares as the index closed down half a percent at 35,336 from the previous session. Taken with the negative closing, this indicates… Read MoreGovt, RBI share similar policy stand on crypto The government and the RBI have a similar stand on cryptocurrency, whose fate in the country will be decided by the bill proposed to be tabled during the current session of Parliament.
from Stocks-Markets-Economic Times htt… Read MorePharma MFs prove better bet than stocks, and how!Data compiled by ET Intelligence Group show the top pharma MF schemes have outperformed the benchmark pharma indices like Nifty Pharma and BSE Healthcare Index as well as most individual pharma stocks.
from Stocks-Markets-Ec… Read MoreSoota rejigs Happiest Minds structure to give co long lifeThe second part of Soota’s strategy involves creating a collective leadership structure. Soota visualises the following roles — executive chairman, managing director & CFO, and an executive board (EB) comprising three bus… Read More
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