Sebi: Sebi proposes relaxation in valuations of AIFs’ investment portfolio

Sebi: Sebi proposes relaxation in valuations of AIFs’ investment portfolio

Mumbai: The Securities and Exchange Board of India (Sebi) has proposed relaxation of rules on valuation of investment portfolio of alternative investment funds (AIFs). These easing of norms relate to change in valuation methodology on material change, computing valuation of investment portfolio of AIFs, eligibility criteria of independent valuers to be appointed by AIFs and … Read more

Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more