Recovery prospects for MFs' stressed assets turn bleak

New Delhi, June 7 -- Mutual funds, which have side-pocketed troubled assets worth Rs.4,000 crore, may find it difficult to recover them in the post-lockdown period, with the government announcing a ha... Read More

Sebi 'censures' Astrazeneca for unfair trade practise in 2014 delisting plans

New Delhi, June 6 -- The Securities and Exchange Board of India (Sebi) on Friday evening in 65-page order "censured" Astrazeneca Pharma India Ltd for professional misconduct and unfair trade practises... Read More

Unlock 1.0: Sebi resumes agenda put on hold during curbs

MUMBAI, June 6 -- As the economy opens up for businesses in phases, the market regulator has resumed clearing agenda and passing orders that were put on hold during the rigorous nationwide lockdown. ... Read More

Sebi paves way for financial innovations through sandboxes

Mumbai, June 5 -- The markets regulator on Friday issued a circular announcing how financial technology firms could find innovative solutions for the stock market ecosystem by testing on actual custom... Read More

Tata Sons not looking to monetise assets to raise capital

MUMBAI, June 5 -- Tata Sons Ltd is not looking to monetise any of its assets to raise capital, the company on Friday said after its board meeting. The board had met to take stock of thecovid-19 pandem... Read More

Tiger Global tax ruling to have wider impact on startup exits

Mumbai, June 3 -- The rejection of application of private equity firm Tiger Global by Authority for Advance Rulings (AAR) for nil withholding tax on capital gains from its exit from Flipkart in 2018 w... Read More

AT-1 bonds: Rift widens between bond holders and Yes Bank

MUMBAI, June 2 -- The controversy around the write-off of the additional tier-one bonds (AT-1) by Yes Bank Ltd during the March quarter has continued unabated. In fact, the rift between the bondholder... Read More

Sebi orders special audit in Franklin's shut schemes

MUMBAI, June 2 -- The market regulator has ordered a special audit in the six debt schemes shut down by Franklin Templeton India. This comes after Securities and Exchange Board of India's (Sebi) initi... Read More

Personal letters may have little bearing in Tata-Mistry case, say legal experts

MUMBAI, June 1 -- Ousted Tata Sons chairman Cyrus Mistry's contention that several letters written by Tata Group chairman emeritus Ratan Tata to his father Pallonji Mistry, purportedly appreciating th... Read More

Covid-19: Sebi panel proposes wider avenues for raising social capital

Mumbai, June 1 -- A Securities and Exchange Board of India (Sebi) panel on Monday proposed wider avenues and a transparent electronic platform for raising social capital as it believes that convention... Read More