r. Jeffrey Bailly, UFP Technologies executive chairman, sells $5m

Out of 45 flexi-cap schemes, only six recorded a Sortino ratio above 1, indicating stronger downside risk-adjusted performance. A Sortino ratio above 1 means the fund generated higher excess returns for every unit of downside risk faced.

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Electric vehicle retail sales in India reached another monthly record at 3,27,901 units in July, growing at 66 per cent over the same month last year, with nearly one in eight vehicles retailed now being electric, Federation of Automobile Dealers Associations said on Friday. The previous record for electric vehicle retail sales in India was…