Sebi proposes to revamp delisting rules to improve disclosure normsThe board of directors while communicating its decision of granting approval of delisting should also disclose about the merchant banker's ...
Sebi eases rules for delisting of listed subsidiariesCompanies have been exempted from doing a reverse book building—a process followed to decide on a price that has to be paid to public share...
Sebi rejects proposal on easing QIP pricing normsInvestment bankers felt in the current downturn this rule was deterring institutional investors from committing money.
Insiders make the most of deep correction, pile up own stocksIn March, insiders bought shares worth Rs 3,701 crore and sold to the tune of Rs 1,713 crore.
India Inc pays Rs 36,000 crore as dividend before tax kicks inSince March 1, promoters of over a dozen companies have been forced to let go of their shares that were pledged as many of them struggled t...
Foreign strategic investors sell stakes worth Rs 30,000 crore in 2019The year 2020 may see more such transactions, with several foreign strategic investors likely to book profits on their India investments, a...
Sebi sets up panel to look into issue of DVRsIn India, companies are allowed to issue shares with differential rights.
Private equity firms make hay while sun shines on Dalal StreetOf the Rs 40,000 crore raised since April 2017, Rs 32,000 crore went towards giving a partial or full exit to PEs and in some cases to prom...
Direct delisting under new takeover norms a boon“Earlier, companies after acquiring controlling stake, had to first launch an open offer, and then separately launch a delisting offer,” sa...
Mylan, two Indian companies line up to buy Bafna PharmaceuticalsDeal size likely to be around 1.7% of the company's annual revenue; sale to help Chennai-based drug maker get rid of its Rs 100-crore debt.
Government to review FCCB, depositary receipt rulesThe government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.
Open offers pour in as promoters take advantage of lower valuationsNearly 10 proposals are expected in the weeks ahead; open offers seen mostly for small-cap companies.
- India Inc takes rights issues route to raise funds
EIH & Suzlon successfully raised funds last year. 32 cos have already applied for sebi approval for rights issues while 40 more have announ...
- Kennametal's delisting hurdles may hurt similar plans of other MNCs
Investment bankers say that the experience will provide valuable insights to other MNCs such as Blue Dart, Honeywell, which have promoter h...
- IPO issuers can have different closing dates for QIBs, retail
Companies can now close their public issues on different days for qualified institutional buyers (QIBs) and retail investors, with capital ...
- SEBI makes it tough for cos to delist
SEBI said non-promoter shareholders’ votes in favour of the delisting proposal should be at least two times the number of votes cast agains...
- Two key i-Sec execs on way out
Two key officials of ICICI Securities (i-Sec), Amrish Baliga and Mehul Savla, who control a major chunk of the investment banking business,...