Sebi may ask for compulsory audit of key overseas subsidiaries of companies as fears of inflated profits grow in wake of recent scandals.
Sebi to ask Diageo to rework on clauses in United Breweries Group agreement, says it violates local rules
The capital markets regulator is not in favour of a put option in the agreement as it is akin to a forward contract and a violation of Indian laws.
The Securities Appellate Tribunal (SAT), a quasi-judicial body, is staring at a manpower crisis, with its top-level officers making an exit.
HC has directed that RIL be made a party to the case between Sebi and RTI activist-cum-lawyer Arun Agarwal, who is seeking release of names involved in an insider trading case.
Hedge funds will have to play with a leverage that’s significantly lower than their global counterparts when they take the first steps on Dalal Street next year.
Sebi, has warned 40 listed pvt cos that the deadline for promoters to reduce their holding to 75% would not be relaxed, and firms as well as their owners risked sanctions if they failed to comply.
Trading curbs on companies failing listing test; non-compliant firms may land in 'trade-for-trade' share basket
According to regulatory guidelines, by June 2013, all listed private sector firms must have a minimum 25% public shareholding.
Sebi and stock exchanges are looking at ways to minimise systemic risks in case an FII deal runs into payment crisis overnight.
Corporates may be allowed to raise funds through multiple issuance of the same bond.At present, only the sovereign is allowed to re-issue securities.
Insurance companies may now be able to acquire up to 15% stake in a single corporate house. IRDA has cleared a proposal to increase the investment limit currently capped at 10%.
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