RateGain And Medplus Among 6 Companies Get IPO Approval By SEBI
Market regulator Sebi has given the green light to six firms, including pharmacy retail chain MedPlus Health Services, travel technology services firm RateGain Travel Technologies, and microlender Fusion MicroFinance, to raise capital through initial public offerings (IPO). Retail wealth management firm Prudent Corporate Advisory Services, private market intelligence platform Tracxn Technologies, and real estate developer…
John David
Mutual Fund SIP Contributes to Set a New Record In August
The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI). With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…