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The associated persons, engaged by a portfolio manager as a distributor of the PMS, and associated persons functioning as principal officers of a portfolio manager or an employee having decision-making authority related to fund management, will have to obtain certification from the NISM by passing the certification examination.

“Possibly up to March-June 2022, we can expect all the three industries -- travel & tourism, hospitality and aviation -- to do exceedingly well. One must play the momentum in some of these stocks, rather than go for a long term bet.”

ITALY-GENERALI/LIST (UPDATE 2, PIX)UPDATE 2-Two leading Generali investors could seek new CEO -sources

What will be the driving principle of this programme? What comes first, the private player’s return, or public welfare? For instance, if some private toll road operators are falling short on returns, can they increase the toll? What if people (read voters) living in that area protest? Who will the government favour then?

"The Indian IT industry in fact has gone through a little wall of worry. This industry was totally ignored by most investors till one year back. It is only people like Aberdeen, etc, who were holding IT stocks for 20 years or more. So, a re-rating happened because people decided to move to IT in the last six months."

In four separate notifications, the Central Board of Direct Taxes (CBDT) specified that AIAHL will not be considered as ‘buyer’ in case of transfer of goods by Air India as part of the plan, and that Air India will not be considered as ‘seller’ during transfer of goods by it to AIAHL.

Reliance Jio has officially delayed the launch of its affordable smartphone, JioPhone Next, which was developed in partnership with Google, owing to the ongoing semiconductor shortage globally. The phone will now be available "more widely" around the Diwali festive season instead of September 10.

The venture funds have bought out the stake held by Emerald Media (an investment platform backed by KKR) and Mayfield Fund. Nadathur Holdings continues as an existing investor in Amagi.

Kovner mastered the art of controlling his emotions while investing and advised others to trade like machines and not let emotions get the better of them. He felt that acting robotic was a bad quality in most disciplines, but believed non-human tendencies were apt in a field where profit could be earned from being emotionless.

Nifty is likely to see a positive start to the coming week, but the 17,480 and 17,595 levels may act as the potential resistance points at higher levels. Supports on the lower side can come in at 17,200 level followed by 17,120. The trading range is expected to remain wider than usual.