Currently, there is no time limit for deployment of funds.
In a consultation paper floated by the market regulator, it has said in exceptional cases when asset management company (AMC) is not able to deploy the funds in 30 business days, it must give reasons to the investment committee in writing, including details of efforts taken to deploy the funds.
Bu hikaye The New Indian Express dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Negotiators fail to reach plastic pollution treaty
NEGOTIATORS have failed to reach agreement on a landmark treaty to curb plastic pollution, the diplomat chairing the talks said on Sunday, calling for additional time to continue discussions.
Armed-gang looting in Gaza forces UN to halt aid supply
The UN agency for Palestinian refugees said on Sunday it is halting aid deliveries through the main cargo crossing into the war-ravaged Gaza Strip because of the threat of armed gangs who have looted recent convoys.
B'desh stops devotees of ISKCON coming to India
DOZENS of ISKCON members who possessed valid travel documents were turned back on Sunday by Bangladesh's immigration police from Benapole border crossing when they tried to cross into India, a media report said.
Fractured Irish mandate may see incumbent parties return
IRELAND's two long-dominant center-right parties looked likely to form a new government as results came in from a fractured national election, though with a reduced vote share and complex coalition negotiations ahead.
Syria launches counterattacks to halt insurgents from advancing
Military rushed reinforcements to northwest, launched air strikes on city of Aleppo, Idlib
Punjab village bans marriage with outsiders, violators to face music
A village in Punjab's Mansa district has passed a resolution prohibiting the villagers from marrying outsiders (migrants) and has banned intra-village marriages.
Candlelight vigil marks Bhopal tragedy anniv
CHILDREN with intellectual and physical deformities in the families affected by the 1984 Bhopal Gas Tragedy are determined to leave the past behind.
Will back BJP choice for CM, meet today on govt formation, says Shinde
Fadnavis front-runner for top post
Rio for peaceful solution to Naga political issue
NAGALAND Chief Minister Neiphiu Rio called for early resolution of the protracted \"Naga political issue\" at the 62nd statehood day on Sunday.
10-year jail term as Raj cabinet clears stringent anti-conversion bill
THE ruling BJP in Rajasthan has decided to introduce a tough law to prevent forced religious conversions in the state.
