Religare Enterprises Ltd has informed BSE regarding a Press Release with respect to announcement by Religare AEGON Asset Management Company Pvt Ltd, (Religare AEGON AMC), a joint venture between Religare and AECON, that it has received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to launch mutual fund business in the country. The AMC is looking at launching its first product by Nov-Dec 2008 for the Indian retail investor.
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