Regulator sends out a clear signal—fund houses cannot trample all over investor rights and hope to get away with it.
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The consumer goods giant’s performance has been in a funk for a long time. Fund managers need to stop giving it a long rope.
SEBI’s interim order details how the green energy poster boy built a paper empire with investor money while living a billionaire lifestyle.
While paying heed to the growing concerns of mutual funds around how mandatory investment norms are affecting junior employees, the market regulator has ensured the industry remains accountable to investors.