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  • SME IPOs: Sebi finds 'systemic risks' with instances of diversion of funds, inflated revenue

    Sebi also observed instances when revenue were inflated through circular transactions with related parties. Some companies also resorted to diversion of issue proceeds, which has prompted Sebi to tighten oversight.

  • SEBI's stock selection criteria: A double-edged sword for the derivative market

    SEBI's stock selection criteria: A double-edged sword for the derivative market

    Ironically, while SEBI's new criteria aim to remove illiquid stocks from the derivative market, they will also introduce new stocks

  • Govt seeks public comments on auction of coal mines

    Govt seeks public comments on auction of coal mines

    A discussion paper on the modalities for allocation of coal mines through auction route has been placed in the public domain to seek comments of stakeholders, Parliament was informed today.

  • Tackling bad loans: SBI, IDBI debate RBI's paper

    Tackling bad loans: SBI, IDBI debate RBI's paper

    Veterans feel banks may find ways to adhere to timelines mentioned in RBI discussion paper but it is going to take a while to make them stable and make them work within the timeframe.

  • RBI draft norms for bad loans require a mindset change:SBI

    RBI draft norms for bad loans require a mindset change:SBI

    The Reserve Bank today proposed a slew of measures, including incentives to lenders for coming together and tackling an account timely and penalising borrowers with higher interest rates in future for not cooperating for a resolution. The RBI discussion paper is open for public comments till January 1.

  • RBI launches discussion paper on NPAs

    RBI launches discussion paper on NPAs

    An RBI discussion paper, which is open for public comments till January 1, suggests an early formation of a lenders committee with timelines to agree to a plan for resolution and incentives for lenders to agree quickly to a plan through "better regulatory treatment" of stressed assets.

  • Food Bill needs more debate to plug loopholes: CACP chief

    Food Bill needs more debate to plug loopholes: CACP chief

    A discussion paper co-authored by CACP chief Ashok Gulati has exposed lacunae in the Food Bill and suggested further debate on long-term feasibility of the Congress' big-ticket social welfare programme.

  • Tax Accounting Standards

    Tax Accounting Standards

    On 17 October 2011, the Ministry of Finance issued a discussion paper on Tax Accounting Standards (TAS). As a part of the Discussion Paper, the Ministry of Finance has also issued the Draft TAS on Construction Contracts and Government Grants for comments and suggestions.

  • Won't sell bank stocks on basis of RBI paper: JP Morgan

    Won't sell bank stocks on basis of RBI paper: JP Morgan

    In an interview with CNBC-TV18, Seshadri Sen of JP Morgan said, "I certainly wouldn't sell the bank stocks on the basis of the discussion paper."

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