Jidesh Kumar News Today

When companies stop sharing information that rating agencies require to maintain a watch over their credit ratings, they are termed non-cooperative

Under the new framework, variations in the prices of securities due to unverified rumours will be excluded while assessing valuations for M&A transactions and deals.

Traders who claim underlying exposure when they have none could be asked to pay heavy fines under Foreign Exchange Management Act (FEMA).

Leading exchange issued circulars in this regard to brokerages only on April 1, which was just few days before the earlier deadline.

The Supreme Court has struck down the electoral bond scheme as unconstitutional and ordered the State Bank of India to immediately stop issuing the bonds

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.

While there are no restrictions on companies making donations to political parties directly, corporate houses keep such donations off the balance sheet to avoid unwanted scrutiny

In the past, there have been instances where the regulator’s orders have been challenged. In 2018, Kotak Mahindra Bank promoter Uday Kotak challenged RBI’s imposing restrictions on promoter shareholding in the Bombay High Court

Approximately 58% of its overall revenue came from its core business of selling video lectures recorded on SD cards and tablets

The Burman family has accused Hamid Ahmed of violating sections of the market regulator’s takeover code by speaking publicly against the companys open offer