AgenciesIt would also enhance secondary market liquidity by creating a permanent institutional framework for activation in times of market stress.
CDMDF would be launched as a close ended scheme with an initial tenure of 15 years from the date of its initial closing. The units of CDMDF can be subscribed by asset management companies (AMCs) and specified debt-oriented mutual fund schemes, excluding overnight funds, gilt funds and conservative hybrid funds.
Thursday, 27 Jul, 2023- Front Page
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BlackRock to Re-enter India Via JV with Jio FinBlackRock Inc, the world’s largest asset manager, is set to join forces with India’s largest company Reliance Industries Ltd (RIL), marking a return to the country after exiting in 2018, said people aware of the development.
‘India Will be Among Top 3 Economies in NDA 3rd Term’Prime Minister Narendra Modi on Wednesday said India will rank among the top three economies in the world during the third term of the National Democratic Alliance (NDA).
QIA Closing in on Investing up to $1 B in Rel Retail VenturesQatar Investment Authority is in advanced negotiations with Reliance Retail Ventures Ltd (RRVL) to invest $950 million to $1 billion, said people with knowledge of the matter. The sovereign fund is likely to invest at a $100-billion valuation, said people in the know.
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