The proposed IPO comprises a fresh issue of equity shares and an offer for sale (OFS) of up to 9,328,358 equity shares, according to the draft red herring prospectus (DRHP)
Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with market regulator SEBI on Thursday to launch India's first public issue of retail REIT
Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV
Complainants will have the facility to check status of complaints, send reminders and lodge appeals against closed complaints
Merely giving disclaimers may not guard finfluencers from regulatory action
The sweeping proposals are part of a consultation paper floated by Sebi on which comments from the stakeholders have been sought till December 1
Noting that corporate frauds are bound to happen, Mohanty said the rate of corporate frauds is increasing at a higher pace now
According to a survey, 47 per cent respondents considered lack of visibility over third parties as the biggest concern to bribery and corruption
IHH indicated last week that it was ready to go ahead with the stalled open offer if the capital markets regulator allowed it
The new guidelines would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular
The company is waiting for a go-ahead to proceed with its stalled open offer to acquire an additional 26.1 per cent stake in Fortis
According to Sebi, there has been an exponential rise in the number of unregistered advisors giving unsolicited stock investment tips on social media platforms
The properties to go under the hammer include land parcels located in West Bengal
The Bombay Stock Exchange launched EGR trading on its platform
Separately, the regulator has amended norms governing clearing corporations for orderly winding down of such corporations
Disclosures around utilisation of issue proceeds not as exhaustive as IPOs: Rating agencies
Currently, companies can buyback only 25 per cent of the paid-up capital and free reserves under the tender route
Second time in eight years that TRAI will be issuing guidelines. Comes amid the Adani-NDTV spat. Regulator had released consultation paper in April
The move is part of the capital markets regulator's investors safeguard mechanism
Here is the best of Business Standard's opinion pieces for today