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Risk
management system must for AMCs, trustee cos
Mumbai: The Securities and Exchange Board of India
(SEBI) has made it mandatory for all the asset management
companies (AMCs) and trustee companies of mutual funds
to adopt risk management practices, following the recommendations
of the Association of of Mutual Funds in India (AMFI).
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SEBI
board okays setting up central listing authority
Mumbai: The Securities & Exchange Board of
India (SEBI) Board has considered and accepted the recommendations
of the delisting committee to set up a Central Listing
Authority (CLA).
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Dead
cat bounce for the dollar
Mumbai: The dollar got above its 48.23 resistance
against the rupee and even traded at 48.25 before the
normal trend resumed for it to settle back in the 48.17-48.21
range.
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