Corrtech International, a pipeline laying solutions provider, has received capital markets regulator Sebi's go ahead to raise funds through an Initial Public Offering (IPO).
The new DDPI system is designed to prevent misuse of client securities by brokers
Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"
The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 35,69,180 equity shares by promoters and an investor
Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors
The total penalty imposed on the Kotak Trustee and six others (noticees) works out to Rs 1.6 crore
The case dates back to a period between 2009 and 2016 when the exchange engaged with academician Ajay Shah and Infotech Financial Services
The fund house has suspended lump-sum subscription, switch-ins, and fresh registration of systematic investment plan/systematic transfer plan under five schemes that invest in international stocks
The case dates back to a period between 2009 and 2016 when the exchange engaged with Ajay Shah and Infotech Financial Services
With an aim to provide further clarity and transparency in the disclosure of shareholding pattern to investors, Sebi on Thursday came out with a new format for disclosing shareholding patterns
Sebi on Thursday asked stock brokers and depositories participants to report all cyber attacks, threats and breaches experienced by them within six hours of detecting such incidents.
Indian regulators have been cautious in allowing FPIs in the commodities market on fears that sudden outflows by them may disrupt the market
Despite high growth, India's MF AUM-to-gross domestic product ratio is a low 16 per cent, against the global average of 74 per cent, he said
NSE has been slapped with a penalty of Rs 7 cr, its former MD and CEO Chitra Ramkrishna, former Group COO Subramanian and current Chief BDO Ravi Varanasi Rs 5 cr each
At its board meeting, the watchdog also cleared amendments to regulations governing mutual funds and portfolio managers.
The long-awaited move is aimed at boosting liquidity and efficiency at domestic commodity bourses, even as concerns remain if this would make markets more volatile
Goel's ouster from Dish TV board will require another resolution
Analysts believe the worst may be over for the sector, with out-of-home (OOH) consumption picking up, and reduction in taxes by some state governments
The threshold has been revised from 5 per cent and above to 2 per cent and above. The new framework will be applicable from Wednesday.
The IPO comprises fresh issuance of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by promoters ---- Mayank Shah and Sweta Shah, according to the DRHP.