Archive for Category: Markets News

AIFs: Sebi comes out with modalities for filing placement memorandum

New Delhi, Sebi on Thursday issued the modalities for Alternative Investment Funds (AIFs) with respect to filing of placement memorandum, including that merchant bankers have to independently exercise due diligence regarding the disclosures. Under Sebi norms, AIFs can launch schemes subject to filing of placement memorandum with the regulator...

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Oil Prices

Oil Mixed, Losses Capped by Solid U.S. Demand, Global Energy Crunch

Brent Oil was trading 0.65% downat $85.27. Oil was mixed Thursday morning in Asia, giving up some earlier gains as some investors scooped up profits from a recent rally. However, solid demand in the U.S. and a switch to fuel oil from coal and gas amid a global coal...

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