Monday, June 15, 2020

Franklin Templeton MF receives interest payment of Rs 103 crore from Vodafone Idea

Franklin Templeton MF side-pocketed its exposure in the telecom player and from January 24, various securities issued by Vodafone Idea in the schemes were segregated from the total portfolio. Creation of segregated portfolios is a mechanism to separate distressed, illiquid and hard-to-value assets from other more liquid assets in a portfolio.

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...