Data from the Securities and Exchange Board of India (Sebi) shows that total funds raised by AIFs reached Rs 5.27 trillion, with total investments exceeding Rs 5 trillion in December
The application by litigant Sapan Shrivastava alleged fraudulent listing of Cals Refineries on the stock exchange in connivance with the regulatory authorities
"It's heartening to see the chairman address employees on his first full day, discussing concerns around targets and KRAs," said a source privy to the development
The minimum corpus requirement for retail investment schemes has been slashed from $5 million to $3 million, while the threshold for Portfolio Management Services (PMS) is halved to $75,000