SEBI notifies regulations for small and medium REITs

[ad_1] Securities and Exchange Board of India has notified the regulations for small and medium real estate investment trusts and specified that investment managers of such REITs should have a minimum net worth of ₹20 crore and the REITs can...

Expecting ₹10,000 crore investment in steel PLI next fiscal: Nagendra Nath Sinha, Steel Secy 

[ad_1] The Steel Ministry is expecting ₹10,000 crore of investments in specialty steel-making by PLI short-listed companies next year. Nearly ₹16,000 crore is expected by the FY24-end, Nagendra Nath Singh, Union Steel Secretary said.Also read: Big Story: What’s in store...

New MF distributor portability norms to trigger competition, hit income

[ad_1] The new mutual fund distributor portability norms may leave distributors with no commission during the six months mandatory cooling-off period, leaving them high and dry especially if investors trigger multiple switches.Also read: Why this multi-asset fund is good investment...

Real GDP growth to moderate to 7% and 6.8% in FY25 and FY26, respectively: UBS

[ad_1] This is due to global (weaker growth) and local factors (softness in public capex) The growth momentum of the first three quarters of FY24 is expected to continue as cyclical recovery and structural improvements remain in play, UBS said...

HCL Group invests ₹166 cr in edtech Educational Initiatives

[ad_1] B2B education software firm Educational Initiatives (Ei) has announced that software major HCL Group has invested ₹166 crore to acquire a minority stake.Founded in 2001, Ei provides schools with research-backed assessments (Ei Asset and Ei Cares) and personalised adaptive...