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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.
A series of interim orders, with no visibility on final closure of cases, indicates that India’s market regulator has remained largely toothless.
Ashish Chauhan and Amitabh Chaudhry —heads of NSE and Axis Bank—have a common thread. They are both awaiting orders from the Securities and Exchange Board of India.
Chauhan is waiting for the market regulator’s approval of NSE’s initial public offering (IPO) and Chaudhry for the final order on Axis Mutual Fund’s front-running scam (that broke in May 2022). In both cases, the wait is over a year long.
This interminable wait for SEBI orders stands in sharp contrast to the hope that greeted Madhabi Puri Buch when she took charge of the regulator in March 2022. As the first non-bureaucrat …
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.
