AnirudhLaskar
Stories by AnirudhLaskar
India may exempt crowdfunding from Companies Act
As it seeks to bring such fund-raising under the regulatory ambit of Securities and Exchange Board of India
India: Star Health Insurance promoters looking to cash out
Star Health Investments owns close to 40% of the insurance firm.
India: Exclusivity period for IDFC-Shriram merger talks unlikely to be extended
The proposed merger of the two firms is stuck because of differences over the valuation of IDFC.
India: IDFC, Shriram merger gets into soup over valuation
Shareholders of IDFC such as Enam Holdings Pvt. Ltd and Sipadan Investments (Mauritius) Ltd have demanded a higher valuation for the company.
India: Sebi to tighten listing norms as part of crackdown on shell firms
In August, Sebi had imposed a partial trading ban on 331 firms termed as shell firms by the ministry of corporate affairs.
India: Life Insurance Corp makes $1.2b bid in GIC Re IPO
GIC Re IPO is looking to raise Rs11,372 crore ($1.7 billion) at the upper end of the price band of Rs855-912 per share.
India: Sebi working on framework to regulate bitcoin market
Sebi panel intends to ensure that bitcoins, its derivatives, are not being used for funding illegal activities
BPCL eyes government stake in GAIL India for about $3b
BPCL, the country’s second largest fuel retailer, has a market value of Rs1.08 trillion, second only to Indian Oil Corp. Ltd.
India market regulator Sebi wants crowdfunding bodies to warn investors
The disclaimer must also state that the securities traded on these platforms are not traded on any regulated exchange.
India: Sebi questions fundraising on LinkedIn
Sebi’s concern stems from the fact that the number of investors funding any entrepreneurial activity through LinkedIn could easily cross 200
