India
The regulator has been easing investment norms for pension funds.
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India: IFC may invest $50m in specialised chemicals maker GFCL EV
2
Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout
3
Indian furnishing company Wakefit falls 9% in debut, valuation at $657m
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HSBC's $13.6b buyout proposal wins Hang Seng Bank board committee nod
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ICICI Prudential Asset Management's $1.2b India IPO fully subscribed
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World
Ceconomy held personal data on around 21.62 million Italian customers.
Greater China
The proposed rules seek to restore investor confidence.
Rest of Asia
Saudi Arabia is preparing to shift PIF away from real estate projects.
China’s securities regulator published draft rules for a pilot programme of commercial REITs.
Deputy Defense Secretary Feinberg informed lawmakers of the conclusion in a letter on Oct 7.
SEBI will also facilitate inclusion of REITs in indices.
Indonesia
The individual defendants are now detained for 20 days.
Indonesia has a civil law system and did not have rules for trusts until 2023.
The agency aims to improve the programme’s sustainability through structured and accountable financing mechanisms.
