Sebi serves fresh show cause notice to Kotak Mutual Fund

The Securities and Exchange Board of India (Sebi) has served a fresh show cause notice to Kotak Mahindra Asset Management for delay in repayment of money to unitholders of four close-ended debt schemes that held securities of Essel Group on their maturity, said three people with direct knowledge of the …

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Adani, Tata, GMR among 43 firms to show interest in CSMT redevelopment project: Railways

New Delhi: Tata Projects, Adani Group, Larsen & Toubro, and GMR Group were among 43 prospective bidders who attended a pre-bid meeting on Friday for the redevelopment of Chhatrapati Shivaji Maharaj Terminus of the railways in Mumbai, a UNESCO World Heritage site. According to a railway ministry statement, the Rs …

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