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In government-sponsored AIFs, it is usually senior bureaucrats and external experts who are part of the investment committees, which are advisory bodies. These panels do not have a role in the daily operations of these asset managers.
ITC remains a dividend play with FMCG bounce and Rs 20,000 crore cashITC posted a 6 per cent decline in sales with all segments posting a drop in revenues.
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… Read MoreBuy Tata Consultancy Services, target price Rs 2,210: Dharmesh ShahThe analyst suggested a stoploss at Rs 2040.
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… Read MoreStocks in the news: Axis Bank, ITC, Bajaj Finance, IDBI Bank, HDFC AMC, Piramal Enterprises and SobhaS&P Global Ratings said it has lowered its ratings on Bajaj Finance to junk.
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… Read MoreDow ends up 2.3% as US stocks bounce from Friday routThe broad-based S&P 500 gained 1.5 percent to 3,053.24, while the tech-rich Nasdaq Composite Index advanced 1.2 percent to 9,874.15. Major indices lost more than two percent on Friday as coronavirus case spikes in numerou… Read MoreSBI MF, Damani take stakes in Andhra PaperAndhra Paper reported earnings per share of Rs 53 for the year ended March 2020
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