Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.
Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.
The scrip of the company on Wednesday ended at Rs 695.80, up 2.7 per cent, on BSE, while the benchmark Sensex ended flat at 19,345.70. Just Dial shares had seen a record high of Rs 761.80 on July 9.
MNC required to bring in only 10% of issue value upfront during buyback; domestic currency lost 12% since offer was announced
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
Will be the first choice if Naresh Goyal decides to sell stake in future.
Investors might soon get to bet on various versions of the Bombay Stock Exchange's (BSE) benchmark index, the Sensex, and its other key gauges soon.
Aspirants banking on experience and domain knowledge of veterans
Allocation to be need-based, track record of the issuer to be considered.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
With uncertainty over economic prospects and higher interest rates leading to subdued investments by the private sector, Indian companies' new order inflows in the quarter ended December 31 stood at the lowest level in nearly four years.
The combined market capitalisation of the two listed companies of the Sahara group whose assets have been ordered frozen by the Securities and Exchnage Board of India is just Rs 230 crore.
Investors expect the govt to abolish tax on delivery-based transactions in the cash segment.
Many fresh pass-outs of the CFP course are faced with up to a two-year delay and thousands of rupees in fees for realisation of their dream, following the notification of new regulations. Sebi notified the Investment Advisers Regulations, 2013, earlier this month.
Regulator fears the insurer may get away without making an open offer.
Garners a little over 300,000 retail applications Bharti IPO subscribed 15 per cent on Day One.
Aims for share-sale before US holiday season, 'fiscal cliff' kick in
It intends to exempt the government from making the mandatory open offer to buy an additional 26 per cent from minority shareholders if its stake in a company crosses 25 per cent.
To launch technology infrastructure on Nov 18.
Since 11 months, Sebi has not been able to make these companies deposit the required money in an escrow account.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances