BUSINESS
Regulatory clarification on bonus shares provide a template to boost capital inflows
Recognising the need for capital inflows into India, this might be the ripe time for the Government to partially relax the PN3 restrictions by permitting Indian companies to undertake bonus and rights issue of shares to existing investors from land bordering countries, without requiring a prior government approval
BUSINESS
Amended LODR Regulations: Has SEBI cast its net too wide?
While the intent behind the amendments is laudable against the backdrop of various governance-related controversies facing Corporate India, it appears that the changes may have swung the pendulum to the other extreme and could lead to several unintended challenges and consequences for companies
