The Securities and Exchange Board of India (Sebi) is working on a framework for performance-based fees for mutual fund schemes, Ananta Barua, whole-time member of Sebi, said on Wednesday. Speaking at the CII Mutual Fund Summit, Barua said the regulator has set up a working committee to draw up a performance-based fee structure. He said […]
HCL Technologies share price jumped 2.79% to Rs 1,066.45 today after the IT company declared an interim dividend of Rs 18 per share, taking the total dividend for the financial year 2023-24 to Rs 48 per share. In Q4 FY23, the company’s net profit jumped 11% on-year to Rs 3,983 crore, surpassing analyst estimates against […]
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