Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totaling over Rs 22 lakh. This came after the brothers failed to pay the fine imposed on them …
Investment Policy The Fund seeks to replicate as closely as possible, before expenses, the performance of an index derived from the homebuilding segment of a US total market composite index. The Fund employs a passively managed strategy designed to track the total return performance of the S&P Homebuilders Select Industry Index.
India’s Economic Milestone: Unofficial Reports Suggest GDP Surpasses $4 Trillion Mark Introduction: India is purportedly celebrating a historic achievement as unofficial reports circulate claiming that the country’s Gross Domestic Product (GDP) has surpassed the $4 trillion mark for the first time. While several political figures, including Maharashtra Deputy Chief Minister Devendra Fadnavis and billionaire Gautam …