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Top headlines: Franklin apologises to Sebi, RIL sells another 2.32% in Jio

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Franklin Templeton MF
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The fund house said the remarks made by Jenny Johnson during their quarterly earnings call were quoted “out of context” by media outlets

BS Web Team New Delhi
Franklin Templeton issues unconditional apology to market regulator, Sebi
Franklin Templeton on Friday issued an “unconditional apology” to market regulator Securities and Exchange Board of India (Sebi) over its global chief''s comments that regulatory tightening was behind the winding up of schemes. The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton, during their quarterly earnings call were quoted “out of context” by media outlets. Read more here 

India's credit profile to face further pressure due to Covid-19: Moody's 
India's credit profile will face further pressures amid the coronavirus outbreak, according to rating