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Reliance shareholders vote to demerge oil-to-chemicals business
With the O2C business outlook on the mend, the Street is also looking forward to news on RIL’s proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi......
LVB resolution: RBI delays final merger scheme to next week
The Reserve Bank did not issue the final merger scheme for Lakshmi Vilas Bank (LVB) with DBS India on Friday as stated earlier and is likely to do so only next week, according to a central......
No stamp duty on redemption of MFs, only on switching: Sebi
Capital markets regulator Sebi on Wednesday said stamp duty was not applicable on redemption of mutual fund units but switching in mutual fund would attract the stamp duty. Sebi released the......
Sebi's merger veto to block back-door delistings
Could address the concerns over Companies Act provision on the issue The Securities and Exchange Board of India’s (Sebi’s) power to block merger transactions could act as a measure,......
MP petitions against Bharti Infratel IPO
The Securities and Exchange Board of India is examining complaints seeking the rejection of the offer document filed by telecom tower company Bharti Infratel for an Initial Public Offering.This is......
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