Jayshree P Upadhyay
Stories by Jayshree P Upadhyay
India’s Reliance Capital looks to raise $14.3b via stake sale to pare debt
The firm plans to sell up to a 51% stake each in Reliance Home Finance, Reliance Commercial Finance and media companies Codemasters and Prime Focus.
India: Embassy REIT share sale faces last-minute hurdle
The creditor to one of the equity partners in an underlying asset has claimed that a court order restrains the REIT from including assets owned by the
Fortis fraud may exceed $280m, says India’s fraud investigation office
Sebi has already passed an order against Fortis to recover ₹500 crore from the Singh brothers for funds diverted to the promoter and promoter-relate
Edelweiss AMC wins mandate to manage India’s first exchange traded fund
Edelweiss won despite being the smallest AMC in terms of AUM, with an average AUM of ₹14,161 crore in the July-September quarter.
Indian market regulator Sebi panel bats for overseas listing of firms
It also set a minimum capital threshold for listing overseas, besides recommending 10 overseas jurisdictions, with strong anti-money laundering polici
India’s insurance regulator may ease the 15% rule to let LIC buy IDBI Bank
The government is keen to sell a 43% stake in IDBI Bank to LIC as an acquisition under the provisions of the LIC Act.
India’s capital markets regulator Sebi eases IPO norms
IPO issuers will now be allowed to announce the price bands two days before the issue opens for subscription, instead of the previous five days, the n
Sebi proposes direct listing of Indian companies on overseas bourses
The proposal has the potential to increase the fund-raising avenues for Indian companies.
India: General Atlantic’s planned acquisition of Karvy unit hits snag
The transaction has not yet received regulatory clearances, but not been called off.
India: NSE IPO likely to be pushed to 2019 as Sebi sends back consent plea
Sebi has asked NSE to re-file the consent plea once a probe on suspected unfair gains made by select brokers is over.
