HDFC Life and PFPDL entered into a Corporate Agency Tie-up

HDFC Life has recently announced a strategic corporate agency tie-up with Peerless Financial Products Distribution Ltd. (PFPDL). This collaboration aims to amplify HDFC Life’s presence, particularly in Tier 2 and Tier 3 cities, leveraging PFPDL’s extensive network spanning 42 locations. PFPDL, a subsidiary of Peerless General Finance & Investment Co. Ltd (PGFI), boasts a significant…

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India’s markets regulator found 12 offshore funds investing in Adani Group

 India’s markets regulator found that twelve offshore funds investing in Adani Group companies violated disclosure rules and exceeded investment limits, Reuters reported. In August last year, Reuters had initially revealed that Sebi had detected violations of rules regarding disclosures by listed entities and restrictions on offshore fund holdings. Additionally, the regulatory authority was investigating links…

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