New Delhi, July 11 (IANS) SBI Funds Management Ltd, whose Rs 11,693 crore initial public offering (IPO) opens on July 14, has dependence on assets under management (AUM), market volatility, concentration in a few mutual fund schemes, reliance on the SBI distribution network and regulatory changes among the key risks to its business, according to its Red Herring Prospectus (RHP).According to the company’s offer documents, its revenue and profitability are substantially dependent on quarterly aver…
Latest Technology Failures News & Updates
Mumbai, June 18 (IANS) The National Stock Exchange (NSE) has cautioned investors that regulatory changes, technology failures, cybersecurity threats and emerging risks associated with artificial intelligence (AI) could materially impact its business operations and financial performance, as the stock exchange moves ahead with its long-awaited initial public offering (IPO).In its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), NSE highlighted its s…