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The shift to a shorter T+3 settlement cycle for initial public offerings (IPOs) will be a big test of the domestic market structure, requiring players in the ecosystem to work harder to meet the squeezed timelines, according to industry insiders.
The Securities and Exchange Board of India (Sebi), has announced that the transition to the T+3 cycle will be voluntary starting next month and mandatory from December 1.
The new mechanism will necessitate quicker confirmations from banks and speedy verification of permanent account numbers (PANs) for all applicants. ....
SRINAGAR: A Court in Srinagar on Tuesday issued a non-bailable warrant against the Managing Editor of a Jammu-based newspaper accused of publishing a false story about a JKSSB paper leak. ....
A Court in Srinagar Tuesday issued a non-bailable warrant against the Managing Editor of a Jammu-based newspaper accused of filing a fake story on JKSSB paper leak. ....