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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The market regulator’s letter mentions a three-day delay by India’s largest private sector lender in disclosing the resignation of a senior executive.
HDFC Bank on Monday said it received an administrative warning from India’s market regulator alleging non-compliance with some listing regulations, particularly related to the resignation of Arvind Kapil, a senior management employee at the bank.
The Securities and Exchange Board of India has alleged that HDFC violated regulations by delaying disclosing information about Kapil’s resignation by three days. The bank violated more regulations by failing to provide an explanation for this delay.
“The above violation has been viewed seriously. You are, therefore warned to be careful in future and advised to exercise due caution in future and avoid recurrence of …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
