Rating agencies look to RBI for curbing non-cooperation by companies
When companies stop sharing information that rating agencies require to maintain a watch over their credit ratings, they are termed non-cooperative
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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