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Investors choose to withdraw funds as cash returns to Franklin debt plans

New Delhi, Sept. 18 -- Four out of six debt schemes that Franklin Templeton India wound up in April have turned cash-positive, prompting unitholders aggrieved by the closure to demand the return of up... Read More


Shapoorji Pallonji group slaps notice on Tata Sons board for blocking fund raising

Mumbai, Sept. 17 -- The Shapoorji Pallonji (SP) Group which is struggling to service its debt has slapped a notice for damages against the board members of Tata Sons, for blocking Mistry family's fund... Read More


Sebi audit of CG Power points to collusion between company's lenders and promoters

New Delhi, Sept. 15 -- A forensic audit of CG Power and Industrials Solutions conducted by the Securities and Exchange Board of India (Sebi) has pointed to manipulations in the company's books of acco... Read More


MFs have options to comply with multi-cap circular, will examine proposals: SEBI

Mumbai, Sept. 13 -- The Securities and Exchange Board of India (Sebi) on Sunday clarified that mutual funds have multiple options to comply with the multi-cap circular issued on Friday and that the ne... Read More


Franklin investors demand cash back

New Delhi, Sept. 12 -- Four out of six debt schemes that Franklin Templeton India wound up in April have turned cash-positive, prompting unitholders aggrieved by the closure to demand the return of up... Read More


Tata Sons moves SC to block Mistrys from raising funds on Tata shares

Mumbai, Sept. 11 -- Tata Sons Ltd on 5 September moved an 'urgent' application before the Supreme Court to restrain the Shapoorji Pallonji Group promoters from raising capital against security of thei... Read More


Sebi is phasing out covid relaxations

New Delhi, Sept. 11 -- The stock market regulator is winding down emergency measures adopted at the peak of the coronavirus lockdown as it tries to bring normalcy back to the markets, two people aware... Read More


Deepak Kochhar held in ICICI case

Mumbai, Sept. 8 -- The Enforcement Directorate (ED) on Monday made its first arrest in the ICICI Bank quid pro quo case, when it arrested Deepak Kochhar. This comes after the agency had registered a m... Read More


New norms for foreign listing soon

Mumbai, Sept. 8 -- The ministry of corporate affairs is close to releasing a draft report that will pave the way for Indian companies to list their shares in overseas markets without listing in India ... Read More


Sebi sends notice to CG Power as forensic audit finds fund diversion

Mumbai, Sept. 8 -- The Securities and Exchange Board of India (Sebi) has sent notice to CG Power and Industrial Solutions Ltd after a forensic audit confirmed financial irregularities within the compa... Read More