The service tax department, which received on bid of Rs 1.09 crore, had been hoping to raise up to Rs 200 crore from the sale
Sebi in May had tightened the norms to curb misuse of offshore derivative instruments (ODI) or P-notes used by foreign investors not registered in India
Clears one bidder, three more in the fray; sale to conclude on Jun 30
Explains the erstwhile FMC, whose powers it has since taken over, had no regulatory jurisdiction in the matter
The proposed IPO could be a combination of OFS and fresh issues for up to a maximum of 30% of the post-issue equity share capital of the company
Cigarette smuggling is up 25 per cent; gold see a dip of 70 per cent
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
Aims to bring in more transparency and curb misuse of investment route used by foreign investors not registered in India
MCX's appeal against MSEI for extinguishing its 416 million warrants in the equity bourse is pending before the Bombay HC
The selection panel has invited short-listed candidates for the final interview on June 15
Market regulator asks third-party auditors to conduct forensic audit as brokers' order books don't tally with those of the exchange
Says evidence not enough; will hear him before proceeding
Regulator panel suggests reducing minimum ticket size for participation in start-up IPOs to Rs 5 lakh from Rs 10 lakh
Enforcement Directorate investigating the company under anti-money laundering law
The company, a joint venture between ICICI Bank and Britain's Prudential, plans to file its offer document with market regulator Sebi by the end of this year
Will also review risk management norms for exchanges
Move aimed to ensure information is available to investors
However, allows wilful defaulters to make counter-offers to avoid hostile takeovers
Regulator released list of entities on May 25 who have mopped-up money through collective investment schemes promising huge return to investors