Sources said many individual investors were interested in applying for the NFO, due to additional benefits being offered such as upfront discounts and loyalty bonuses.
The ETF is expected to fetch the govt Rs 3,000 crore.
With Maruti Suzuki refusing to go back on the plan, these investors have approached the Securities and Exchange Board of India, which is examining the possibility of taking action under Section 11 of the Sebi Act.
Post graduate colleges are aggressively tying up with banks to introduce banking courses.
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
Regulator believes Jet Airways deal triggers open offer
Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
Exchange-traded currency futures volume down 80% since Jun
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
The pension fund managers distribute products under the National Pension System.
After a gap of about five years, a public sector bank (PSB) has decided to rope in a cricketer to boost its brand.
The Reserve Bank of India (RBI) allowing the use of put options in investment agreements has brought needed clarity but it has come with strict restrictions. These could impact investors looking for a minimum rate of return, experts say.
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
It sets up internal panel to iron out issues companies face with delisting regulations.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.