SEBI RELAXES SOME KYC NORMS
• For NRIs, Breather Of One Year For Completing KYC Requirements
• For NRIs, To Facilitate Aadhar, Provision Of KYC Portability Relaxed Till April 30, 2025
• MF Investors To Get Validated Through Either Email Or Mobile Verification Vs Both
• Non-verified Investors Have Been Allowed To Redeem Invsts, Subject To Due Diligence
• AMCs Have Updated Investors Regarding The Same Via Emails
• ALERT: AMCs Have Started Updating Investors On Revised Norms Via Emails SEBI RELAXES SOME KYC NORMS
• For NRIs, Breather Of One Year For Completing KYC Requirements
• For NRIs, To Facilitate Aadhar, Provision Of KYC Portability Relaxed Till April 30, 2025
• MF Investors To Get Validated Through Either Email Or Mobile Verification Vs Both
• Non-verified Investors Have Been Allowed To Redeem Invsts, Subject To Due Diligence
• AMCs Have Updated Investors Regarding The Same Via Emails
• ALERT: AMCs Have Started Updating Investors On Revised Norms Via Emails
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Bharti Airtel in talks with Vodafone to buy 3% more stake in Indus Towers; may merge with data unit
Bharti Airtel plans to acquire additional 3% stake in Indus Towers from Vodafone Plc, taking its shareholding in the towers company to above 51% Bharti Airtel in talks with Vodafone to buy 3% more stake in Indus Towers; may merge with data unit
Bharti Airtel plans to acquire additional 3% stake in Indus Towers from Vodafone Plc, taking its shareholding in the towers company to above 51%
Global Indices
GIFT Nifty: 23578 +42
Hangseng: 18145 +117
Dow: 39411 +260
S&P 500: 5447 -17
Nasdaq: 17500 -188
USD / INR: 83.49
Brent Crude: 85.18
GOLD: 2337
FII Net (24-06-2024): -653.97
DII Net (24-06-2024): -820.47 Global Indices GIFT Nifty: 23578 +42
Hangseng: 18145 +117
Dow: 39411 +260
S&P 500: 5447 -17
Nasdaq: 17500 -188
USD / INR: 83.49
Brent Crude: 85.18
GOLD: 2337
FII Net (24-06-2024): -653.97
DII Net (24-06-2024): -820.47
Ambit upgrades Vodafone Idea
#1 Upgrades to Buy from Under Review; target of Rs 21/share
#2 Struggles of over a decade are easing.
#3 Network upgrades won’t be constrained by funding.
#4 Subscriber declines to be arrested in FY25E followed by all-round growth.
#5 Government and investors to continue with equity support Ambit upgrades Vodafone Idea
#1 Upgrades to Buy from Under Review; target of Rs 21/share
#2 Struggles of over a decade are easing.
#3 Network upgrades won’t be constrained by funding.
#4 Subscriber declines to be arrested in FY25E followed by all-round growth.
#5 Government and investors to continue with equity support