Seeking to boost listing of start-ups, markets watchdog Sebi on Thursday decided a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors. The changes have been approved to the framework for listing on the Innovators Growth Platform, Sebi said in a statement after the board meeting. Other proposals approved include easing delisting requirements and relaxation in guidelines for migrating to main board.
If the visit takes place, it will be the first trip by a senior Chinese leader to India after the eastern Ladakh standoff between the two countries began in May 2020.
Viewed as India's most eligible bachelor by some, Congress leader Rahul Gandhi says he'll get married when the right girl comes along and part of the problem is that his parents' "really lovely marriage" has set the bar very high.
Police also said that people will have to adhere to all Covid-protocols, such as wearing face masks and maintaining social distancing, at the programme on Rajpath on January 26.
The 13th report of the Analytical Support and Sanctions Monitoring Team cites a UN Member State as saying that Jaish-e-Mohammed (JeM), a Deobandi group ideologically closer to the Taliban "maintains eight training camps in Nangarhar, three of which are directly under Taliban control."
The Supreme Court on Friday directed the Centre and the states in the National Capital Region (NCR) to implement the orders of the panel on air quality management to curb air pollution while ruing that some sections of the media have 'portrayed' it as a 'villain' which wants to close down schools in New Delhi.
The Municipal Corporation of Delhi said it has given special instructions to its Safai Sainiks to collect dishevelled or soiled flags separately.
Hindu temples in Bangladesh have been vandalised by some unidentified miscreants during Durga Puja celebrations, prompting the government to deploy paramilitary force in 22 districts after three people were killed and many others injured in riots, media reports said.
The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.
Amid tensions over build-up by the Chinese across the Line of Actual Control (LAC) in Eastern Ladakh and reluctance to resolve remaining issues between the two countries, Indian Air Force (IAF) chief Air Chief Marshal VR Chaudhari is visiting forward areas in Ladakh to review the operational preparedness of troops deployed there.
At present, the sentiment is upbeat, and companies are waiting to come out with their initial public offerings (IPOs) to cash in on the boom.
Ranbaxy did its maiden public issue in 1973.
P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.
A bench of Justices UU Lalit and SR Bhat issued notices, including to the state of Bihar, on the plea filed by Shashi Kant Rai, an additional district and sessions judge in Araria.
Ailing Rashtriya Janata Dal chief Lalu Prasad has returned to his home turf Bihar, amid escalating political temperatures over issues of caste census, the Rajya Sabha biennial polls and the Central Bureau of Investigation (CBI) registering yet another corruption case against the septuagenarian.
The government will announce minimum support prices for kharif.
Even as the ruling Jharkhand Mukti Morcha opposed the police's move, the law enforcers said the errors would be rectified and the posters put up again.
The diktat that all listed companies must have 25 per cent public shareholdings will cause tectonic shifts in the structure of India's stockmarkets over the next few years. There have been very few policy changes to compare with this in terms of long-term impact.
NDTV promoter group firm RRPR Holding has told VCPL, which along with two other Adani group firms has launched a hostile takeover bid for the media firm, that its stakeholding in NDTV has been provisionally attached by the I-T authorities and require their approval for the transfer. The contention has been rejected by the Adani group, which termed it as "misconceived and misleading" statements while asking RRPR Holding to convert the warrants into equity shares. In a regulatory filing, NDTV said that its founders Radhika and Prannoy Roy have informed that RRPR Holding has intimated Adani group firm Vishvapradhan Commercial Pvt Ltd (VCPL) that the attachment of the shareholding, notified in 2018, shall remain in place until the completion of reassessment proceedings.
Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its operations. The measures, which will be effective from December 1, were revealed hours after the winning bidder Jalan-Kalrock Consortium (JKC) said it might take "difficult" near-term decisions to manage cashflows. The once-storied airline shuttered operations in April 2019 and JKC's resolution plan was approved under the insolvency process by the National Company Law Tribunal (NCLT) in June last year.
The fall of Kherson -- a city of 300,000 people, northwest of the Crimean peninsula -- is significant because it would allow the Russians to control more of Ukraine's southern coastline and to push west toward the city of Odessa, the NYT reported.
The text of the Income tax amendment is so wide and so riddled with ambiguities that it deserves to be scrapped for those reasons alone, says N S Nigam.
The new travel advisory came in the wake of the significant improvement in Covid situation in India.
Facing fire over his remarks that ministers in Jammu and Kashmir were given money by the Army, former Army chief Gen V K Singh today sought to do damage control by saying it was not a bribe but the Centre expressed its willingness to order a probe.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
He was appointed the national capital's LG in December, 2016.
The officer entered the NCB office in the R K Puram area through a back entry gate and is understood to have met his senior officers.
Despite legal deterrent in place to discourage people from doing so, by dusk, residents in many neighborhoods, including some areas in south Delhi and northwest Delhi, had started bursting crackers.
It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.
The Haryana assembly on Tuesday passed a resolution seeking the completion of the SYL canal and the transfer of Hindi-speaking areas from Punjab, while denouncing the neighbouring state for staking its claim over Chandigarh.
In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.
Bursting firecrackers is not a matter of religion, it affects people's lives, Delhi environment minister Gopal Rai said on Wednesday and urged the Opposition not to jeopardise the well-being of children and the elderly for political ambitions.
The unalloyed truth about the Ukraine-Russia conflict is that it is a war that Russia cannot lose and Ukraine cannot win, observes Colonel Anil Athale (retd).
Russian owner Abramovich put the club up for sale in early March following Russia's invasion of Ukraine, which Moscow calls a "special military operation". Sanctions on Abramovich had also complicated the sale process.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Delhi police commissioner Rakesh Asthana on Sunday said over 27,000 police personnel have been deployed for Republic Day security duties in the national capital and anti-terror measures intensified.
The leaders attacked the BJP, accusing it of trying to create "Hindu-Muslim disturbances" to benefit politically and making false claims and promises.
The man had attended a stag party recently in Manali in Himachal Pradesh.
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