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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.

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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.

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2024-09-19 15:14:40| BBC News | Business | World Edition

The High Street retailer said it expects to make nearly 1bn in full-year profit.

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