Asian markets traded lower, while the US stock market ended mixed overnight, amid selling in technology stocks. Crude oil prices eased after rising over $2 a barrel in the previous session.
A joint statement from Mallika Srinivasan and Dr Lakshmi Venu says the 2020 TVS family partition did not include the Venu Srinivasan family. They say the claims of a fair asset split are misleading, and that they would like a transparent, amicable settlement.
Motilal Oswal believes ICICI Pru AMC remains well-positioned to deliver healthy growth, supported by strong net flows, product diversification and expansion in alternatives, including SIFs.
