By Siddhant Mishra The Securities and Exchange Board of India’s (Sebi’s) announcement on Monday that it would come out with a framework for execution-only platforms (EOPs) that sell mutual fund (MF) schemes directly to investors, will bring in more flexibility and protect investor interest, according to industry experts. “It is a welcome step as it […]
Shares of Raymond and Godrej Consumer Products (GCPL) were down up to 9% on the BSE in Friday’s intra-day trade after GCPL on Thursday announced the acquisition of the consumer products business of Raymond Consumer Care (RCCL), a subsidiary of Raymond. This would be an all-cash deal for Rs 2,825 crore. Raymond shares closed trade […]
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