The two players have said that they will go ahead with the regulatory process despite Amazon's objections
Sebi on Friday proposed enhancing disclosure requirement by promoters and specified the timeline for obtaining the company's board approval forvoluntary delisting.
Future Retail which was represented by senior advocate Harish Salve told the court Future Retail does not need to seek permission from Amazon for any investments as it does not have any rights
Sahara and its chief Subrata Roy have been in the spotlight recently after they got a district court to stall the release of Netflix's series "Bad Boy Billionaires" featuring Roy, among others
The deal will give it over 51 per cent stake in the trustee even as the stake of three public sector shareholders will fall to under 10 per cent in UTI Trustee Company
Market regulator Sebi has directed stock exchanges to enhance their investor protection fund (IPF) corpus
The order follows a comprehensive joint inspection carried out by Sebi with exchanges between April 2017 and May 2018
It's a slump sale and a major value-unlocking exercise for Grasim, allowing it to pursue growth opportunities in its core businesses
Sebi noted that Reddy was part of the fraudulent scheme and arrangement of Farmax India in executing the scheme of financing its own GDR issue
The framework will become effective from the quarter ended December 31, 2020 for listed debt securities,the Securities and Exchange Board of India (Sebi) said in a circular
It remains to be seen whether Indian courts and regulators will side with Amazon or Future Retail
'Amazon needs a "tutorial on the law on insider trading,' the company said
The Supreme Court granted bail to TV journalist Arnab Goswami in an abetment to suicide case, saying personal liberty must not be denied.
Sebi should go ahead with a twin-track system
Tribunal asks the company to deposit Rs 500 cr in separate escrow account within 10 days
Says move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies
"The direction of the WTM to deposit a sum of Rs 1,292.46 crore is wholly arbitrary and has been passed without any application of mind," the tribunal said
State-owned RailTel Corporation of India Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share-sale.
Ruchir points out that his grandmother Bina still runs the company as the president and managing director despite her ouster by public shareholders.
The grey market premium for Gland Pharma has come off sharply from Rs 185 per share to just Rs 60 per share