Govt eases norms for listing on international exchanges within Gift CityThe Indian government has simplified listing rules for companies on international exchanges within IFSCs, aligning with global standards. N...
LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemptionLIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks...
LIC gets time till 2032 to follow 25% public shareholding ruleIn May 2022, the government had sold 3.5% stake in LIC IPO, which was an entirely (offer for sale) worth around Rs 21,000 crore. It remains...
Increasing a listed company’s shares available for trading needs to target a minimum ‘free float’A non-promoter shareholding of 25% sounds like good public policy but it is of little use if this doesn’t result in an adequate liquidity i...
View: Why it's time for the PSU mollycoddling to endListed entities in the private sector have learnt well over time the need for regulatory oversight and discipline. They have also benefited...
Sebi asks investment advisers to refrain from dealing in digital gold"Undertaking such unregulated activity including dealing (i.e., advisory, distribution and execution/ implementation services) in digital g...
Digital gold sales hit after Sebi's banNational Stock Exchange (NSE) on August 26 directed its members, including stockbrokers, to discontinue the sale of digital gold on their p...
Government sets the ball rolling for mega listing of LICThe government has selected Goldman Sachs, JP Morgan, Citigroup, Nomura, Bank of America Securities, JM Financial, SBI Caps, Kotak Mahindra...
NSE directs its members to stop sale of digital gold by Sept 10The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and ...
Exclusive: Groww, Upstox, Motilal Oswal to be hit by Sebi's latest rules on digital gold saleMove comes after Sebi flagged digital gold sales as breach of securities contract rules
‘MPS leeway for PSUs not a right signal’India’s decision to exempt listed state-owned firms from maintaining a minimum public shareholding (MPS) threshold has put the spotlight on...
RIL to offer partly paid-up shares in rights issue that opens May 20In a letter to shareholders, the company said that it will raise up to Rs 53,036.13 crore, of which Rs 39,755.08 crore would be used for pa...
Sebi bars citizens, NRIs from buying DRs of India-listed companiesMove aimed at tighter ownership rules on cos raising funds via foreign equity sales.
MAS Financial Services files papers for Rs 550 crore IPO with SebiThe issue aims to raise up to Rs. 5,500 million comprising of fresh issue aggregating up to Rs. 3,074 million and an offer for sale by sell...
NSE's debt trading starts off on tepid note with 6.6 crore turnoverDebt segment could see major FII participation as this class of investors has been allowed to use debt as collateral to trade in the equity...
Government to receive 310 crore from RCF stake saleThe finance ministry has said the issue of Rashtriya Chemicals & Fertilizers Ltd (RCF) has been subscribed over 1.3 times and the governmen...
- Public holding in companies to be increased in phased manner
The government will allow companies, having more than 75 per cent promoters holding, to increase the public stake in a phased manner and no...