IJR News - today's news from every sideDana Whitfield These animals seem to pick each other out for real companionship beyond just mating season. Derek Foss The 150 million investment and new jobs are welcome but I want to see how many of those roles actually go to locals. Carnelian Asset Management Secures SEBI Mutual Fund Approval — Jul 22, 2026Carnelian Asset Management & Advisors has secured SEBI approval to launch a mutual fund business, enabling it to offer active and passive funds across equity, debt and hybrid categories to retail investors, alongside its PMS, AIFs and offshore strategies. With over ₹18,300 crore in AUM and 8,600+ clients served via 710+ partners as of June 30, 2026, the firm positions itself to capitalize on India's expanding mutual fund industry, which totals over ₹82 lakh crore AUM and tens of millions of folios and SIPs, while founder Vikas Khemani emphasizes deeper penetration beyond metros and growth opportunities in rural India.
