Search Results for:Jayshree P Upadhyay

India’s insurance regulator may ease the 15% rule to let LIC buy IDBI Bank

The government is keen to sell a 43% stake in IDBI Bank to LIC as an acquisition under the provisions of the LIC Act.

India’s capital markets regulator Sebi eases IPO norms

IPO issuers will now be allowed to announce the price bands two days before the issue opens for subscription, instead of the previous five days, the new Sebi guidelines said.

Sebi proposes direct listing of Indian companies on overseas bourses

The proposal has the potential to increase the fund-raising avenues for Indian companies.

India: General Atlantic’s planned acquisition of Karvy unit hits snag

The transaction has not yet received regulatory clearances, but not been called off.

India: NSE IPO likely to be pushed to 2019 as Sebi sends back consent plea

Sebi has asked NSE to re-file the consent plea once a probe on suspected unfair gains made by select brokers is over.

Singapore stock exchange looks to bypass curbs placed by Indian bourses

The termination marked the end of the 17-year association of the NSE with SGX for sharing Indian securities-related data feeds and licensing Nifty products

India: Bitcoin exchanges may come under ED scanner for forex rules violations

If the I-T department concludes that bitcoin is a currency, it would establish a clear violation of the Foreign Exchange Management Act (FEMA).

India: IBC ordinance may disqualify global PE funds from buying troubled assets

The changes to the Insolvency and Bankruptcy Code (IBC), aimed at preventing errant promoters from regaining control of their assets.

Large Indian IPOs need to be more broad-based, says NSE’s Vikram Limaye

He also said NSE’s own IPO will happen only after issues surrounding allegations of providing unfair access to some brokers are resolved.

India market regulator Sebi eases fundraising norms for REITs, InvITs

It has allowed them to raise funds through debt securities and also permitted single-asset REITs to boost the instruments.