Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL

The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note

Enforcement Directorate slaps money laundering case on Franklin MF

Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat from the Enforcement Directorate (ED) and the Securities and Exchange Board of India (Sebi).

According to sources, while the ED has registered a money-laundering case against the fund house and eight others, the market regulator has issued a show-cause notice and summons to the company and its key personnel who redeemed their investments days or weeks before the closure announcement. Read More
 

Adani Ports to acquire 31.5% in Gangavaram Port for Rs