Unlike traditional IPO filings, where draft prospectuses are made public immediately, confidential filings remain private until they receive regulatory approval.
Long-drawn dispute involves complaints that Linde India had allegedly unfairly hived off a potentially lucrative business to unlisted subsidiary without approval of all shareholders.
SEBI alleges the gold refiner-exporter misrepresented revenues, kept books opaque, made contradictory submissions, routed funds via promoter-controlled accounts, and so on.
Rajesh Exports prima facie misrepresented about $159 bn—equaling 99.8% of its revenues from subsidiaries over five fiscal years through March 2025—SEBI said in its order.
The SEBI proposal also seeks to permit investors to contribute to a social cause through a part of the subscription amount of the mutual fund or the scheme’s return.
SBI Funds Management & NSE, in which SBI group owns about 7.5% stake, may go public this fiscal, raising the bank's market value by more than Rs 1 lakh-crore.
Regulator names Anthropic's Mythos, which found 2,000 unknown vulnerabilities in 7 weeks, in sweeping 10-point directive to every broker, fund house, and exchange in India.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
Speaking at ThePrint OTC Thursday, NSE CEO Ashishkumar Chauhan said the exchange has been trying to list itself since 2016, but it couldn’t happen due to one reason or the other.
A liquid commodity derivatives market is essential for clear price signals. By retaining discretionary government control, the Bill blocks its development.
Being DL is not the same as being closeted, though there’s some overlap. A closeted man knows he is queer, but a DL one does his best to not acknowledge the Grindr logo on his phone.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
COMMENTS