Jayshree P Upadhyay

India: Sahara Group’s Aamby Valley auction set for June, valued at $663m

India’s Supreme Court had ordered the sale to recover money owed to investors

Indian market regulator says NSE may defer its IPO

The initial public offering (IPO) of National Stock Exchange of India’s shares will likely be delayed till the bourse resolves the allegations of providing unfair access to certain brokers in its co-location platform and has a full-time chief executive officer in place. “NSE doesn’t want to list before the allegations… Read more »

Shenzhen bourse to facilitate Indian tech startups’ access to Chinese investments

The Shenzhen Stock Exchange is the largest in China by trading volume

India: Markets regulator Sebi considers tighter scrutiny of commodity brokers, IPOs

The increased surveillance will happen through a risk-based supervision system.

India: NSE shareholders approve Vikram Limaye as MD and CEO

Limaye needs SEBI approval to become the first outside hire to head NSE.

NSE listing is our immediate priority: CEO Vikram Limaye

The key priority would include smoothly listing the exchange.

India: Sebi to overhaul governance norms for stock exchanges

Sebi’s review comes at a time when the BSE has listed on its rival NSE

India: NSE selects Vikram Limaye as new CEO and MD

Limaye will succeed Chitra Ramkrishna.

India: Profit-sharing agreement norms may be a hurdle for PE-backed firms’ IPO plans

Initial public offerings (IPOs) of private equity-backed companies that have inked profit-sharing agreements may face hurdles with the markets regulator making it mandatory for listed companies to disclose and seek shareholders’ approval for all such agreements. Profit-sharing or upside-sharing agreements between promoters, key managerial personnel and private equity investors are… Read more »

India: For M&As, firms will need Sebi nod before approaching courts

The move is expected to reduce litigation in M&A deals. Sebi’s oversight early on in the process will also ensure that minority shareholders aren’t short-changed in such transactions.