Tue, Jun 28, 2022 10:25 AM
Kazakh tycoon lets go of his stake in a major oil trader
A Flip by Flipitnews
Motilal Oswal's research report on Atul. Management highlighted that there was pricing pressure, although volumes have improved in some of the businesses that have done well throughout FY24. A couple of subsidiaries have suffered losses at the PBT level, which has led to a decline in earnings of the consolidated entity.
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Sebi had constituted various working groups to recommend measures to simplify and ease compliances. As part of these efforts, a working group was made to review the present regulatory framework under Sebi (portfolio managers) regulations, 2020 and recommend measures to promote ease of doing business for portfolio managers.
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Small-cap funds witnessed a small redemption after almost 30 months of inflows in March 2024, while mid-cap funds saw a significant drop in inflows. Regulatory concerns, geopolitical tensions, and a stellar equity rally prompted some investors to engage in profit-taking or reallocate funds towards more stable large-cap investments.
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