Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Eases Overseas Investment Norms for Overseas and Indian Mutual Funds
The Securities and Exchange Board of India (SEBI) has eased the overseas investment norms for Indian and overseas mutual funds. The new regulations aim to provide greater flexibility and opportunities for mutual funds to diversify their portfolios internationally. SEBI's decision reflects its commitment to aligning investment norms with global standards, encouraging mutual funds to explore international markets. This regulatory change is expected to enhance the competitiveness of Indian mutual funds and provide investors with more diversified investment options.