BUSINESS
Zee says it is not aware of any proposals regarding promoter stake hike
In response to a story published by Moneycontrol, stock exchanges had sought a clarification from the company.
BUSINESS
Subhash Chandra’s statements on ZEEL stake hike under Sebi scrutiny: Sources
In recent statements, Subhash Chandra has said that promoters of ZEEL will increase their stake in the company to 26 percent from the current 4 percent. Rules mandate that listed companies should disclose material events to shareholders first.
BUSINESS
Foreign funds oppose Sebi’s instant settlement plan
In a letter to the market regulator, leading funds have said that they fear the planned move may create fragmentation of market volumes and distort prices due to two settlement cycles.
