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Sebi amends mutual fund rules
Sebi said the asset management companies (AMCs) will have to invest in their own schemes based on its risk level
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Sebi board agrees in principle to ‘controlling shareholders’ concept
Sebi has also decided to streamline the disclosure requirement of group companies
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AU Small Fin Bank posts 15% rise in net profit to Rs 203 crore for June quarter
Its total income during April-June 2021 rose 11% to Rs 1,538 crore, compared with Rs 1,410 crore in the year-ago period
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1,016 claims settled, paid till Aug 4 under insurance scheme for health workers
The scheme is being implemented through an insurance policy from New India Assurance Company Limited
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Day 2: Krsnaa Diagnostics IPO subscribed 5.35 times
The Rs 1,213.33-crore IPO received bids for 3,80,33,730 shares against 71,12,099 shares on offer
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Maruti reports 58% increase in July production
However, the number of vehicles manufactured in July this year remained on the lower side as compared to July 2018
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Day 2: Exxaro Tiles IPO subscribed 10.29 times
The IPO received bids for 11,78,80,500 shares against 1,14,50,675 shares on offer
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Bank of Maharashtra waives processing fee on gold, home, car loans till September 30
The lender is offering housing loans and car loans at an interest rate starting from 6.90% and 7.30%, respectively
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Govt brings bill to junk retrospective taxes; Voda, Cairn disputes to end
Retrospective Tax: The bill will come as a relief to companies such as Cairn Energy and Vodafone and will likely end legal dispute with govt
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Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea
Himanshu Kapania, a nominee of the Aditya Birla Group, has been appointed as the non-executive chairman
