Sebi found lapses on part of Kotak AMC in carrying out due diligence and laid back approach adopted by the fund house in risk assessment
August 27, 2021In recent months, Sebi has ordered a forensic audit of certain companies. In October 2020, Sebi asked listed companies to make disclosures
August 24, 2021BPCL holds 12.5 percent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 percent stake in city gas retailer, Indraprastha Gas Ltd (IGL). It is a promoter of both the listed companies and holds board positions.
August 13, 2021Addressing the shareholders of the company, Parekh said that the mutual fund industry overall assets under management rose by 41 per cent year on year to close at Rs 31.4 lakh crore.
July 20, 2021The firm had made two preferential allotments in January 2012 and June 2012 and transferred some of its preferential allotment proceeds to three entities.
July 20, 2021The draft red herring prospectus (DRHP) does not disclose the share price and the percentage of stake to be diluted by any of the shareholders in the company.
July 16, 2021The top court's judgment came on a plea by Franklin Templeton challenging Karnataka High Court order which restrained winding up of its six debt schemes without obtaining the consent of its investors by a simple majority.
July 14, 2021As per the allegations, Allegro Capital was in a temporary business relationship with Biocon and consequent to the same, Kashyap was in frequent communication with the officers of the company.
July 10, 2021Franklin Templeton MF announced shutting its six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market.
June 28, 2021Under the current Delisting Regulations, the price discovery is set by the public shareholders and the acquirer is given the right to reject the price and also make a counter-offer.
June 26, 2021Public holders of securities who vote against a qualifying acquisition that is completed might be allowed to redeem their securities for their pro-rata portion of the escrow funds.
June 24, 2021The development comes a day after the Competition Commission of India (CCI) approved the additional equity stake acquisition in United Breweries by Heineken International.
June 23, 2021The capital market regulator has asked PNB Housing to undertake the valuation of shares from an independent valuer before moving ahead with the issue.
June 21, 2021Post the transaction, Puri was expected to be nominated to the PNB Housing Finance Board as a Carlyle nominee Director in due course.
June 20, 2021Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up six debt schemes in 2020.
June 10, 2021In a separate statement, Vivek Kudva said that he is reviewing the Sebi's order and considering appropriate next steps which may include filing an appeal before the SAT.
June 8, 2021In traded volume terms, 19.07 lakh shares were traded at the BSE and over 92.72 lakh units at the NSE during the day.
June 2, 2021