Both the Securities and Exchange Board of India and the Bharat InvITs Association have been working closely with states, making presentations and providing inputs on the regulatory structure, product design and implementation roadmap for InvITs.
For decades, though, the lack of infrastructure, logistics and limited marketing under state management meant the pyramids attracted relatively few major events, according to the executive chairman of OPE, Gazarin.
Meng Xiaoyi opened the window for pre-orders on May 1 ahead of its official retail launch and has garnered 10,000 reservations from international consumers.
The Indian mutual fund industry has been receiving sizeable SIP inflows. SEBI has now proposed the concept of payroll-linked SIPs, which shall instil the habit of saving first before spending.