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SEBI ON INDEPENDENT DIRECTORS
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
Astral shares drop 6% after demerger. What should investors do?Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated ...
Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...
Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
Navya Naveli Nanda's surname 'does not give her the right...’: IIM-A grad, Amitabh Bachchan's granddaughter must earn her place at Rs 31,000 cr company, says industrialist-father Nikhil NandaEscorts Kubota Chairman and Managing Director Nikhil Nanda has said that family legacy alone will not guarantee a role in the company, stre...
Sebi plans to ease KYC rules for FPIs, offer more clarity to global capitalIndia’s financial watchdog, Sebi, is gearing up to make the investment terrain more inviting for foreign investors by reforming the Know Yo...
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
Carlsberg bolsters India leadership ahead of planned IPO, appoints four new board membersCarlsberg India IPO: Carlsberg India is preparing for stock market debut. The company has added four directors to its board and converted t...
IREDA shares drop 4% post Q4 results. What’s spooking investors?IREDA's shares fell over 4% after reporting a nearly 2% year-on-year drop in Q4 FY26 net profit to Rs 493 crore, despite a 14% revenue incr...
Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
Sebi proposes major overhaul of derivatives rules to simplify compliance for exchangesIndia's market regulator Sebi is proposing significant changes to derivatives trading rules. The aim is to make compliance easier for stock...
Sebi-backed PaRRVA mechanism for performance validation becomes operational. Check detailsCARE Ratings Limited and National Stock Exchange of India have launched PaRRVA, a framework to verify performance claims in the securities ...
India Inc showing better compliance on appointing independent directorsAccording to a report published by Excellence Enablers - a governance firm owned by former Sebi chairman M Damodaran - only one firm out of...
Sebi tightens norms on independent directorsAccording to Sebi, among other qualifications, an independent director is a person who is not a promoter or a relative of the promoter of t...
Companies to disclose resignation letters of independent directors: SebiThe market regulator said that the appointment and removal of independent directors will now take effect through a special resolution of sh...
Independent directors are not independent: Sebi chief"I have no solutions on what should be done but it will be anyone's case that existing system has lot of lacunae," he said.