Apart from the settlement amount, these two individuals -- Meghana Gosar and Devan Sangoi -- have to comply with other conditions to settle the matter, the capital markets regulator said
The $5 billion revision was attributed to a 'calculation error' caused by alleged double counting of gold shipments in warehouses following a change in methodology in July
The other new launches include Mirae Asset Smallcap Fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, Kotak Nifty Smallcap 250 Index Fund and UTI Quant Fund.
In a circular issued on Tuesday, the markets watchdog announced changes in rules for CRAs aimed at standardising rating processes and publication protocols
In the first nine months of 2024, 36 million demat accounts were added, buoyed by gains in the secondary market and record initial public offerings (IPOs)