Dec 22, 2014 at 22:51 | Source: Moneycontrol.com
Allahabad Bank at its meeting held on December 22, 2014, have discussed and approved in principle the raising of capital of the Bank through preferential/QIP issue in compliance with the applicable laws, rules and regulations, Govt. of India Guidelines and in such a manner that the equity shareholding of the Govt. of India shall not go below 52%.
Dec 22, 2014 at 16:53 | Source: PTI
The company filed a draft red herring prospectus with regulator Sebi on December 18.
Dec 21, 2014 at 16:21 | Source: PTI
Regulator Sebi is considering fresh checks against mis-selling of mutual funds and flouting of 'open bank infrastructure' norms for sale of these financial products, while it looks at ways to boost the market penetration through use of mobiles and internet.
Dec 19, 2014 at 22:06 | Source: PTI
The concept of multiple supply licencees is proposed by segregating the carriage from content in the distribution sector and determination of tariff based on market principles, while continuing with the carriage (distribution network) as a regulated activity, the statement said.
Dec 19, 2014 at 22:03 | Source: PTI
The company which is into chemicals, agri-inputs and food, would also focus on FMCG and non-regulated agri sector products as major future growth drivers through both organic and inorganic route, its executive director and CFO, Prashant Kumar Ghose said.
Dec 19, 2014 at 17:05 | Source: Moneycontrol.com
City Union Bank has informed that the Bank in its forthcoming Board Meeting to be held on December 24, 2014, have proposed to consider inter alia voluntary delisting of the Bank's equity shares from Madras Stock Exchange Ltd., in terms of provisions of Regulation 6 & 7 of SEBI (Delisting of Equity Shares) Regulations, 2009.
Dec 18, 2014 at 22:18 | Source: PTI
While the number of coal mines to be auctioned or allotted in the first tranche has been increased to 101 from 92, there would also be different criteria for auction to regulated sector, including power, and unregulated sectors.
Dec 18, 2014 at 22:06 | Source: Moneycontrol.com
RCL Retail at its meeting held on December 18, 2014, has decided the approved the resolution for migration from SME to main Board under regulation 106U of SEBI (ICDR) Regulation 2009 and other applicable provisions of the SEBI (ICDR) Regulation 2009 and Companies Act, 1956 & 2013 subject to approval of the members through postal ballot process.
Dec 18, 2014 at 19:32 | Source: PTI
Action taken by the listed company or intermediary to address investor grievance would be considered complete only after the complaint is removed from SCORES. In 2011, the regulator launched the Sebi Complaints Redress System (SCORES) - a centralised web-based complaints redressal platform.
Dec 18, 2014 at 16:12 | Source: PTI
Commerce and Industry Minister Nirmala Sitharaman said the govt is committed to ease the process of doing business in India through new de-licensing and de-regulation measures