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The NFO is currently open and closes on December 18. The scheme, a feeder fund, will invest Invesco Global Consumer Trends Fund, a 22-year-old fund with assets of $2.6 billion that invests 70% - 100% of its assets in consumer discretionary companies.
US approves NYSE listing plan to cut out Wall Street middlemenThe Securities and Exchange Commission approval of the NYSE's "direct" listing plan threatens to overhaul the U.S. initial public offering market, by allowing aspiring public companies to sell shares directly to investors.
f… Read MoreIt's raining jobs in crypto industry after bitcoin rallyCoinSwitch, Bitex, ZebPay, Unocoin and CoinDCX are among those hiring for roles across technology, product, finance, compliance and design. They are scaling up team sizes by 40-200%.
from Stocks-Markets-Economic Times https:… Read MoreJP Morgan asks SYMC to repay loanFollowing the Korean automaker's application for rehabilitation dated December 21, JP Morgan issued a notice to the cash-strapped firm demanding the repayment of an outstanding loan amount of 40 billion KRW (around Rs 268 cro… Read MoreEoIs invited for Shipping Corp stakeInterested parties may include public or private companies, limited liability partnerships, Sebi-registered alternative investment funds or any other fund eligible for investing in India.
from Stocks-Markets-Economic Times… Read MoreUrban demand likely to fuel 2-wheeler salesWhile motorcycles sales have grown in strong double-digits in the past four months, demand for scooters was muted in urban areas. Local two-wheeler sales have dropped by a fourth to 9.64 million units till November 2020.
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