Tuesday the 30th of July would see RBI Governor Subbarao announce the mid-quarter review. The meeting is expected to be a non-event simply because enough has happened in the last fortnight to warrant any further action at the review. The humble Indian Rupee which had crossed the 61 mark is now hovering close to 59 […]
Posts Tagged ‘SEBI’
SEBI order on 7 companies which made their IPO’s this year
December 29th, 2011
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SEBI has issued ad-interim ex-parte orders under 7 companies which had tapped the capital markets in the current year. In very detailed orders on each of these companies, SEBI has been able to detect the money trail and has ordered that the money be deposited in an escrow account within the next seven days. This […]
SEBI notifies new Takeover code effective 22nd October 2011
September 26th, 2011
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SEBI on Friday the 23rd of September has notified the new takeover code and informed that the same would become effective from the 22nd of October 2011. There are three major changes in the takeover code which are different from the earlier takeover code. These changes are as follows: – 1. The point at which the […]
