Nuvama Wealth Management has received approval from the Securities and Exchange Board of India (Sebi) to enter the mutual fund business through its subsidiary, Nuvama Asset Management Company (AMC). The AMC plans to initially seek regulatory approval under the Specialised Investment Fund (SIF) framework.
CMR Green shares up 29% on market debut
Shares of CMR Green Technologies surged 29 per cent on their market debut on Wednesday, reflecting strong investor demand following the firm’s heavily subscribed initial public offering of ₹275 before settling at ₹248, a gain of 29 per cent, over its issue price of ₹192. This comes after the IPO was booked 127x.
First Published: Jun 10 2026 | 10:43 PM IST