Tue, Oct 22, 2024 6:11 PM
EMA former fund manager settles MF rule violation case with Sebi
A Flip by Avya Verma
Competition Commission of India (CCI) on Tuesday published the 48-page detailed order approving the mega media assets merger of Reliance Industries and Walt Disney, entailing various conditions, including divestment of seven TV channels. As part of seeking the regulator’s approval, the parties have voluntarily agreed that they will not bundle TV ad slots for IPL, ICC and BCCI cricketing rights.
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South Korean auto major Hyundai Motor Company is taking the next big step with the IPO of its Indian arm which shows its commitment to the country, Hyundai Motor Group Executive chair Euisun Chung said on Tuesday. Speaking at the listing ceremony of Hyundai Motor India Ltd (HMIL), Chung also said that the IPO also shows HMIL is a key part of India.
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BlackRock launches two new ETFs focused on artificial intelligence, aiming to capitalize on the growing trend, with one investing in global AI and tech stocks and the other in global technology companies across sectors. The move is part of the asset manager's efforts to offer thematic ETFs, despite mixed demand in recent months.
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