Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/swinging-to-frenetic-global-market-beat/articleshow/84621335.cmsSynopsis Swing pricing increases or decreases the net asset value of a fund by a pre-announced swing factor, say, 2%, by loading the transaction
Category: IBC-SEBI
IBBI makes resolution professionals more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/corporate-insolvency-ibbi-makes-resolution-professionals-more-accountable/article35439950.ece?homepage=true Requires them to electronically file details on preferential and fraudulent transactions entered into by corporate debtor Insolvency regulator IBBI has taken another significant
Insolvency and Bankruptcy Code is broken. It needs to be fixed, immediately – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/insolvency-and-bankruptcy-code-is-broke-it-needs-to-be-fixed-immediately/articleshow/84595207.cmsSynopsis While 4,540 insolvency cases have been admitted for Corporate Insolvency Resolution Process (Cirp), significant recovery has materialised only in a handful of cases,
The right resolution | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/nclt-resolution-videocon-insolvency-7414247/ NCLT order in Videocon case underscores imperative to maintain sanctity of IBC process On June 8, the NCLT had approved the resolution plan
LIC Housing Finance approaches SAT on issue of preference shares to LIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/lic-housing-finance-approaches-sat-on-issue-of-preference-shares-to-lic/article35432237.ece Exchanges had sought clarification on pricing LIC Housing Finance has approached the Securities Appellate Tribunal over the company’s preferential allotment of shares to
Collateral margin: Bourses told to keep client-wise record to check fund misuse – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/collateral-margin-bourses-told-to-keep-client-wise-record-to-check-fund-misuse/article35429447.ece?homepage=true Individuals can now see their collateral in dedicated portal Two decades after margin collection by brokers for derivatives trading came into play, SEBI
Sebi’s new non-financial disclosure norms to help investors gauge firms’ biz sustainability – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebis-new-non-financial-disclosure-norms-to-help-investors-gauge-firms-biz-sustainability/2293670/ The ministry of corporate affairs’ (MCA) aim is to make BRSR reporting format a single source for all non-financial disclosures. Besides, it seeks
Making independent directors truly independent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/making-independent-directors-truly-independently/2293710/ A ratings-based algorithm that recommends potential independent directors to companies can help The problem is that, very often, there is incentive to control
All you wanted to know about reverse merger – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35412102.ece Earlier this month, the stocks of Equitas Small Finance Bank, Ujjivan Small Finance Bank and their holding companies skyrocketed following a new development.
NCLAT stays acquisition of Videocon Group by Twinstar Technologies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/nclat-stays-acquisition-of-videocon-group-by-twinstar-technologies/article35411842.ece In an appeal, the Bank of Maharasthra alleged that the RP provided for payment through NCDs and equities are not permissible under IBC.
Relief to small companies: Relaxations in compliance with accounting standards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/relief-to-small-companies-relaxations-in-compliance-with-accounting-standards/articleshow/84542985.cmsSynopsis The new rules will replace existing rules issued in the year 2006 and are applicable from accounting periods commencing on or after 1st
NCLT clears ₹423-cr resolution plan for Appu Hotels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/clears-423-cr-resolution-plan-for-appu-hotels/article35395141.ece?homepage=true The National Company Law Tribunal, Chennai, has approved the Resolution Plan submitted by MK Rajagopalan, Chairman and Managing Director of MGM Healthcare Group,
Biocon controversy: Sebi’s insider trading laws may need an overhaul | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/biocon-controversy-sebi-s-insider-trading-laws-may-need-an-overhaul-121071800765_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Sebi regulations define “insider” as a company associate who is trading in the company’s shares based on unpublished price sensitive information (UPSI) to
IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/iba-to-soon-move-application-to-rbi-for-setting-up-rs-6000-cr-bad-bank/articleshow/84519198.cmsSynopsis With registration of the company, the process for putting an initial capital of Rs 100 crore is on as per the guidelines, the
10 things you must do before buying an IPO, but nobody tells you about them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/10-things-you-must-do-before-buying-an-ipo-but-nobody-tells-you-about-them/articleshow/84495747.cmsSynopsis With a large number of IPOs lined up for the coming months, Calendar 2021 is believed to be a record year for investing
A new economy moment: As startups line up IPOs, it’s learning time for retail investors and entrepreneurs –times of india
lipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/a-new-economy-moment-as-startups-line-up-ipos-its-learning-time-for-retail-investors-and-entrepreneurs/K Ganesh The writer runs GrowthStory, a venture builder platform There is a lot of buzz around startup IPOs lined up in Indian bourses.
CBI books Fedderes Electric and Engineering Limited, its promoters in bank fraud case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/cbi-books-fedderes-electric-and-engineering-limited-its-promoters-in-bank-fraud-case/articleshow/84477906.cmsSynopsis The agency has alleged that the company produced fabricated account books, misrepresented figures to borrow funds and siphoned off various loan proceeds. The
SEBI nixes margin requirement for sellers in the cash segment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-nixes-margin-requirement-for-sellers-in-the-cash-segment/article35370937.ece Brokers just need to tell depositories to block the shares intended to be sold SEBI has eased margin related processes for those selling
Punting on bankruptcy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/punting-on-bankruptcy/article35347573.ece?homepage=true Improving disclosures on IBC stocks will curb insider trading and protect small investors Stocks of companies undergoing corporate insolvency resolution process (CIRP) have
Banks may encounter legal hurdles in invoking personal guarantees | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-may-encounter-legal-hurdles-in-invoking-personal-guarantees-121071401447_1.html Experts say most promoters don’t register assets under their names Some foreign banks hire detectives to gather information on promoters’ assets stashed overseas,