Jayshree P Upadhyay
Stories by Jayshree P Upadhyay
Karvy crisis deepens as Indian market regulator Sebi pegs misuse at $390m
The true extent of the mess at Karvy will be clear only when EY India Ltd submits its forensic audit findings.
Indian market regulator seeks to impose limits on brokers after Karvy issue
One of the policy changes that Sebi is reportedly considering is barring brokers from settling and clearing trades.
India: Proposed public float norms may cause more pain to investors
Stock buybacks may fall out of favour due to the levy of 20 per cent tax on them.
India’s markets regulator Sebi cracks down on promoter side deals to raise debt
Sebi widens definition of ‘encumbrance’ to include negative lien, pledge and non-disposable undertakings.
Etihad, Hinduja unlikely to proceed with plans to resurrect Jet Airways
The income tax department is probing possible tax violations by Jet Airways.
Government said to have asked Jet Airways lenders to share audit findings
EY was asked to probe the airline’s books from 1 April 2014 to 31 March 2018.
SEBI halts India hotel chain Leela’s proposed asset sale to Brookfield
Leela said that they have received a letter from Sebi that the transaction should be put on hold till further directions from the regulator.
India: RCom-Aircel merger needs Supreme Court nod
The merger with Aircel is crucial for RCom to reduce debt
Asia’s oldest bourse BSE may price shares at up to $12.5 in IPO
BSE Ltd, Asia’s oldest stock exchange, is likely to sell shares in a range of Rs800-850 per share in its initial public offering (IPO), which is exp
India: NSE to file for IPO in January, plans overseas listing too
The development comes after sustained pressure from shareholder institutions, led by State Bank of India, to go for an initial public offering
