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Motilal Oswal Grp receives SEBI approval for mutual fund
Mumbai, Aug 29 (UNI) Passionate Investment Management Pvt Ltd, a Motilal Oswal Group company, today in principle received approval from Securities and Exchange Board of India (SEBI) to set up a mutual fund business in the country.
Commenting
on
this
development,
Mothilal
Oswal
Financial
Services
Ltd
chief
managing
director
Motilal
Oswal
said,
''This
approval
is
another
step
in
the
direction
of
realisation
of
our
vision,
of
being
a
full
fledged,
global
financial
services
company.'' UNI
AR
RN
NP1607
Comments
Story first published: Friday, August 29, 2008, 16:37 [IST]
