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  1. SBI Funds Management IPO : India’s Largest Mutual Fund Is Finally Listing | Markets Today #258

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SBI Funds Management IPO : India’s Largest Mutual Fund Is Finally Listing | Markets Today #258

SUMMARY

📌 In this episode of Markets Today, we decode three key stories: FSSAI's action against Swiggy Instamart over multiple food safety complaints, the ₹11,600 crore SBI Funds Management IPO and whether its valuation stacks up against peers, and Airtel's strategy to diversify beyond telecom with major investments in data centres, cloud services and digital financial businesses.

📌 In this episode of Markets Today, we decode 3 big stories — FSSAI’s 9 notices to Swiggy Instamart over rotten food deliveries, SBI Funds Management’s ₹11,600 crore IPO, and Airtel’s pivot beyond telecom into data centres, cloud and financial services.

#1 🛒 Swiggy Instamart’s Food Safety Crisis 9 FSSAI notices. Expired whey protein, rotten eggs, spoiled parathas. Consumers filing complaints. FSSAI demanding compliance report. Action possible under Food Safety Act 2006. Quick commerce speed means nothing if quality fails.

#2 📊 SBI Funds Management IPO ₹11,600 crore OFS. Valuation ₹1.17 lakh crore — 38x earnings. HDFC AMC at 41x, ICICI at 48x, Nippon at 51x. India’s largest AMC with ₹12.5 lakh crore AUM and 15% market share. But one-third AUM in passive funds means lower fees vs peers.

#3 📡 Airtel’s Next Chapter ₹3.3 lakh crore invested in digital infra over 10 years. Now pivoting to data centres, cloud and financial services. Nxtra targeting 1 GW capacity. Airtel Money getting ₹20,000 crore investment. Partnerships with Google, Microsoft, Apple, Meta and SpaceX deepening.

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