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IPO● Neutral for Indian equities
Ace investor Madhu Kela owns 8.99% in Sunil Singhania-led Abakkus AMC’s holding company, DRHP shows
The brief
- Madhuri Madhusudan Kela holds an 8.99% share in Abakkus Expert Professionals LLP
- Gold, silver ETFs tumble up to 3.6% as precious metals slide on US Fed rate-hike fears
- Bulls out of steam, it’s slow & steady on D-Street
- SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
- Rout in PB Fintech stock deals Rs 11,000 crore blow to mutual funds
- SEBI's new PMS rules could redraw competition for affluent investors