The scheme will be benchmarked against S&P BSE 500 TRI. The scheme will be managed by Ramesh Mantri, Trupti Agrawal, Dheeresh Pathak, Piyush Baranwal, and Shariq Merchant(overseas investments).
The Federal Trade Commission said Monday it was suing to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition.
Shares of Paramount Global rose more than 10% on Friday, on news Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to acquire the media company.
Paramount Global disclosed that it plans to reduce its board to seven directors amid reports that the entertainment giant was discussing a merger with Skydance Media.