Mumbai: Stand-alone Primary Dealers (PDs) can now diversify their activities including investment,trading in equity, units of equity oriented mutual funds and advisory services, merchant banking, etc., in non-core areas, other than areas like government securities and other fixed-income securities.

US-based venture capital companies Kleiner Perkins Caufield & Byers and Sherpalo Ventures have invested in Cleartrip.com as the Indian online travel market starts showing signs of getting crowded. Earlier this year, Norwest Venture Partners had joined Indian media company TV18 and Reliance Capital to invest in Yatra Online.