Arka Mookerjee News Today

National Highways Infra Trust (an InvIT sponsored by NHAI) has made institutional placement of units aggregating to ₹61,812.53 million.

So far this fiscal, 19 companies have raised ₹17,419.7 crore through IPOs, as per data available with the Securities and Exchange Board of India (Sebi).

The Securities & Exchange Board of Indias plan to roll out norms for follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) is expected to provide an additional avenue for fundraising and liquidity to these business trusts.

The initial public offering of equity shares aggregated to ₹4,050 million.

SEBI had started asking IPO hopefuls for such details even before the proposals were finalised.

Madhurima Mukherjee: Thought she was Former AZB & Partners Delhi capital markets partner Now, around nine months later, she has been offered and has accepted equity partnership at JSA, effective from 1 April. Mukherjee said in a statement, that starts out perhaps more candidly than the typical press release: “When I quit last year, I thought I am done with law firms. “But working as a consultant showed me how JSA follows international best practices, is equitable at every level and create...

In a consultation paper, the market regulator tightened norms with regard to the resignation of independent directors on the grounds of personal reasons or other commitments

India Business News: Sebi is proposing to make the process of appointment and resignation of independent directors more transparent. The markets regulator plans to make it

minority shareholders to appoint or remove an independent director from the board. Independent directors are appointed as watchdogs who are expected to ensure balanced decisions by the Board of Directors and to deter fraud. In India, one out of every three directors in every board has to be ‘independent’ and they are appointed for a period of 5 years. “In the recent past, some listed companies have faced shareholder resistance in having non-executive directors re-appointed, but thes...

Banks recap, ARC for stressed assets among steps for financial sector ​ By IANS | Published on ​ Mon, Feb 1 2021 13:18 IST | ​ 0 Views Iran, Syria to launch joint bank to facilitate trade ties. Image Source: IANS News New Delhi, Feb 1 : The financial sector has seen several announcements in the Union Budget including banks recapitalisation and a ARC for stressed assets. Suman Chowdhury, Chief Analytical Officer, Acuite Ratings & Research said that the budget has made a few important ...