Redefining corporate ownership: SEBI prefers ‘controlling shareholders’ to ‘promoters’ – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/redefining-corporate-ownership-sebi-prefers-controlling-shareholders-to-promoters/article34537354.ece?homepage=true With PEs and institutions in control, difficult to identify promoter group In a move with implications for many corporate houses, market regulator SEBI

Microfiance sector seeks RBI’s additional support to combat COVID-19 second wave – The Economic Times

lipped from: https://economictimes.indiatimes.com/industry/banking/finance/microfiance-sector-seeks-rbis-additional-support-to-combat-covid-19-second-wave/articleshow/82550827.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “RBI timely intervention for the sector and its recent announcement of special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance

NCLT admits insolvency petition against textile company Sintex Industries – The Economic Times

lipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/nclt-admits-insolvency-petition-against-textile-company-sintex-industries/articleshow/82549700.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Sintex is the largest debtor taken to the NCLT since the one year moratorium on filing fresh cases ended in March. Lenders tried

Jaypee Infra insolvency: NBCC, Suraksha submit revised bids – The Economic Times

lipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/jaypee-infra-insolvency-nbcc-suraksha-submit-revised-bids/articleshow/82551233.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis New Delhi, May 11 () State-owned NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution

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