Kotak AMC has been barred from launching any new fixed maturity plan (FMP) scheme for the next six months, as per an order issued by the SEBI on August 27. Also imposed a fine of Rs 50 lakh.
Kotak AMC has also been directed to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes, it said.
https://www.moneycontrol.com/news/business/mutual-funds/no-new-fmp-scheme-by-kotak-amc-for-six-months-rs-50-lakh-fine-sebi-order-7398391.html
Kotak AMC has also been directed to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes, it said.
https://www.moneycontrol.com/news/business/mutual-funds/no-new-fmp-scheme-by-kotak-amc-for-six-months-rs-50-lakh-fine-sebi-order-7398391.html
Moneycontrol
SEBI Bars Kotak AMC From FMP Launch For Six Months, Fines Rs 50 Lakh
Kotak AMC has also been directed to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes, the order stated.
INDIA APPOINTS 10 INVESTMENT BANKS AS BOOK RUNNERS FOR IPO OF STATE-RUN LIFE INSURANCE CORP OF INDIA || INDIA APPOINTS GOLDMAN SACHS, CITIGROUP, KOTAK MAHINDRA, SBI CAPS, JM FINANCIAL, AXIS CAPITAL, NOMURA, BOFA SECURITIES, JP MORGAN, ICICI SECURITIES AS BOOK RUNNERS FOR LIC IPO - SOURCE
A brief look at value chain of Lithium-Ion Battery http://www.investindia.gov.in/team-india-blogs/brief-look-value-chain-lithium-ion-battery
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A brief look at value chain of Lithium-Ion Battery
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At present, in the world,
the USA & INDIA alone maintain their all-time high,
all others are just behind it.
S&P500 & NIFTY500 at their peak ...
the USA & INDIA alone maintain their all-time high,
all others are just behind it.
S&P500 & NIFTY500 at their peak ...