Bajaj Finserv gets nod to set up mutual fund, stock soars
Pune (Maharashtra) [India], Aug 24 (ANI): Financial services conglomerate Bajaj Finserv Ltd said on Tuesday it has received an in-principle approval from the Securities and Exchange Board of India (SEBI) for sponsoring a mutual fund. "Accordingly, the company will be setting up an asset management company and the trustee company directly or indirectly, that is itself or through its subsidiary in accordance with applicable