LUXEMBOURG STOCK EXCHANGE
GDR manipulation: Sebi levies Rs 16 cr fine on Sanraa Media, its 6 officials
The order comes pursuant to an investigation conducted by Sebi in connection with several Indian companies that had issued GDRs in overseas market with the intention of defrauding Indian investors.
HDFC Bank terminates, de-lists its GDRs from Luxembourg Stock Exchange
Shares of HDFC Bank were trading 0.23 per cent lower at Rs 2,390.55 ap...
Exploring the world's phantom FDI: Luxembourg, Ireland well-known tax havens destinations
Ireland and the Netherlands are preferred destinati...
Sebi imposes Rs 40 lakh fine on Sybly Industries MD, director for GDR manipulation
Sebi noted that the entire 1.51 million GDR were subscribed by only one entity, Vintage FZE (now known as Alta Vista International FZE).
GDR manipulation: Sebi bans Commex Technology for 5 years
The regulator after conducting a probe found that the firm issued 1.91 million GDRs worth USD 9.99 million on May 25, 2009, on the Luxembourg Stock Exchange.
Sebi committee to recommend direct listing of Indian companies on foreign exchanges
As per the current regulations foreign companies can only access domestic markets through Indian Deposit Receipts(IDR).
Sushma Swaraj calls on Luxembourg PM; discusses bilateral ties
Sushma Swaraj called on Luxembourg PM Xavier Bettel and discussed ways to expand bilateral cooperation in trade, investment, space, and digital India.
Benin, Rwanda and Djibouti to join Asian Infrastructure Investment Bank
AIIB’s Board of Governors approved the resolution welcoming the three prospective African members during the Bank’s fourth annual meeting here in Luxembourg.
ECB dispute goes public as governors spar over Draghi's QE move
The public airing of grievances highlights tensions among policy makers.
UAE Space Agency signs MoU with Luxembourg
Abu Dhabi, Oct 10 (IANS/WAM) The UAE Space Agency has signed a Memorandum of Understanding (MoU) with the Government of the Grand Duchy of Luxembourg, defining a framework for collaboration and the exchange of information and expertise in space science, research and technology.
Luxembourg Stock Exchange to delist Ranbaxy GDR programme with effect from December 15
Ranbaxy Laboratories today said Luxembourg Stock Exchange will delist the company's Global Depository Receipts programme with effect from December 15.
Question of trust: Government seeks info on FPI origins from Sebi
Most of the FPIs using trust structure are from the US and Luxembourg.
Sebi bars FPIs not making disclosure
The FPIs have been barred from making fresh investments in Indian markets.
Snapdeal raises $21 million from Luxembourg-registered investor Clouse SA
Brother Fortune Apparel Pte Ltd, an investment entity that represents several Chinese high net-worth individuals, had invested about Rs 335 crore in Snapdeal.
Indian firms make highest contribution to Luxembourg Exchange
Majority of the Indian companies which have listed their GDRs are in construction, software and biotechnology sectors.
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