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Dollar bonds of India’s Adani Ports rise as company starts debt buyback
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PE funds get to be promoters of Mutual Funds
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PE funds get to be promoters of Mutual Funds

After nearly three years of deliberations, the Indian markets regulator on Wednesday allowed private equity firms to serve as promoters of Indian mutual funds, in a move that may accelerate consolidation in the country’s ₹41 trillion mutual fund industry. The board of Securities and Exchange Board of India (Sebi) also approved a range of proposals […]

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