Chartered accountants' apex body ICAI has set up an expert group to study the proposals made by regulator Sebi for regulating fiduciaries in the securities market.
Engineering and medical entrance test preparation company Aakash Education Services today filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial public offering.
Moving ahead with its efforts to recover funds worth Rs 60,000 crore in the PACL case, Sebi has decided to put on sale as many as 28 vehicles owned by the company.
ICICI Bank has decided to postpone its annual general meeting (AGM) by a month amidst independent enquiry conducted by Justice B N Srikrishna on alleged cases of impropriety against the bank's CEO Chanda Kochhar.
Leading real estate firm Lodha Developers plans to hit the capital market this month with its initial public offer (IPO) to raise about Rs 5,500 crore, according to market sources.
Market regulator Sebi has given its go-ahead for the initial public offering (IPO) of rail PSU IRCON, which could hit the markets in September to raise about Rs 500 crore, an official said.
Transfer of shares of listed companies has to essentially be in dematerialised mode from December 5, according to markets regulator Sebi.
To check financial frauds, regulator Sebi has proposed a new set of norms for auditors and other fiduciaries working with listed firms, under which defaulters will face stringent penal actions, including ban from securities markets and disgorgement of fees.
The finance ministry may approach markets regulator Sebi to seek relaxation on the minimum 25 per cent public shareholding norm for some public sector banks (PSBs).
Markets regulator Sebi today said that allotment of shares to foreign portfolio investors (FPIs) in initial public offers would need to be verified with PANs to check against any breach of investment limit through multiple entities.