Kotak Mahindra AMC in a statement said, there is no impact on the existing schemes or unit holders of the fund house.

The Securities Appellate Tribunal also extended the stay on penalties by eight weeks to allow the appellants to approach the Supreme Court.

AMC Networks is back in focus after a modest US$2 lift in its price target, with analysts updating their models while keeping fair value at US$7.33. The move is tied to how refreshed revenue and ...