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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.
SEBI’s imposition of a measly fine on the veteran banker raises questions on how regulators let companies and their promoters get away with serious violations.
This story is about an extremely well-known and respected figure in financial circles, the head of a systemically important non-banking financial company, who by virtue of his position also happens to be a part of the NBFC’s investment committee, where all the big lending decisions are taken.
In 2012, this NBFC advanced an inter-corporate deposit, the technical term for an unsecured short-term borrowing arrangement between companies, to a real estate company to the tune of Rs 750 crore. An additional Rs 875 crore was extended as a term loan to the same company in 2014. In December 2014, the outstanding …
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.
