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Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.

RITES bags $36 million locomotive supply order from South Africa's Volantis Asset Finance
Shares of RITES Ltd ended at ₹216.20, down by ₹1.90, or 0.87%, on the BSE.

TPG, GIC and ICICI Bank acquire Aseem Infrastructure Finance for ₹5,000 crore
Aseem is a leading sustainable infrastructure debt financier with a core focus on renewable energy, power transmission and other infrastructure assets in India. It was established in 2020 by the National Investment and Infrastructure Fund, India’s sovereign-anchored alternative asset manager.

China gold ETF overtakes CSI 300 fund as investors move away from equities
State-backed purchases of stock ETFs have eased in China, while demand for gold, fixed-income and cash-management funds has reshaped the country's ETF rankings.

India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual Fund - Moneycontrol.com
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual FundMoneycontrol.com

ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2% - scanx.trade
ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2%scanx.trade

ICICI Prudential Mutual Fund crosses 5% stake in Container Corporation of India - scanx.trade
ICICI Prudential Mutual Fund crosses 5% stake in Container Corporation of Indiascanx.trade

Nippon India BSE Sensex Next 30 ETF (NIPB) - Investing.com Nigeria
Nippon India BSE Sensex Next 30 ETF (NIPB)Investing.com Nigeria

NIPB Share Price | Nippon India BSE Sensex Next 30 ETF BO - Investing.com Australia
NIPB Share Price | Nippon India BSE Sensex Next 30 ETF BOInvesting.com Australia

Nippon India BSE Sensex Next 30 ETF (NIPB) - Investing.com South Africa
Nippon India BSE Sensex Next 30 ETF (NIPB)Investing.com South Africa

NIPB Stock Price | Nippon India BSE Sensex Next 30 ETF - Investing.com
NIPB Stock Price | Nippon India BSE Sensex Next 30 ETFInvesting.com

Consumption, large-cap financials offer better risk-reward than midcaps: Axis Mutual Fund
While Axis Mutual Fund's Head of Equity, Shreyash Devalkar, remains positive on the long-term manufacturing and capital goods story, he cautioned that elevated valuations could lead to corrections. He also said large-cap stocks currently offer a better risk-reward profile than mid- and small-caps.