Two entities of Edelweiss have paid Rs 61.4 lakh to settle a case with the Securities and Exchange Board of India (Sebi) regarding violations of Alternative Investment Fund (AIF) regulations.

The Securities and Exchange Board of India (Sebi) has settled a case with two entities of Edelweiss, a financial services company, over alleged violations of alternative investment fund (AIF) rules. The two entities, Edelweiss Stressed and Troubled Assets Revival Fund...