In an interim order on Thursday, SEBI (Securities and Exchange Board of India) has restricted JM Financial from taking on new mandates as a manager for bond issuances. SEBI restricts JM Financial from new mandates.(REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} However, JM Financial is permitted to continue serving as a lead manager for public debt issues …
Mumbai: Industry body Association of Mutual Funds in India (Amfi) has asked mutual funds to put in place safeguards to protect the interests of all investors in mid- and small-cap funds. Amfi sent this letter after markets regulator Securities and Exchange Board of India (Sebi) raised concerns of “froth building up in small and midcap …
The company’s initial public offering includes a fresh issue of 33,60,000 equity shares, each having a face value of ₹10. The issue’s book running lead manager is Corporate Capital Ventures, with Skyline Financial Services serving as the registrar. Also Read: HRH Next Services IPO allotment to be finalised today; Latest GMP, steps to check HRH …
The merger between Zee Entertainment and Culver Max Entertainment, formerly known as Sony Pictures Networks India will likely take a few more months, news agency Reuters quoted Sony as saying on Friday. Sony has said that the completion of the merger with Zee was previously expected to conclude by the end of September. However, the …
Image Source : PTI SEBI clarifies on the format for seeking clients’ trading preferences The capital market regulator, SEBI, has issued a clarification stating that the new format for seeking clients’ trading preferences, which was prescribed last month, will not apply to members exclusively registered with commodity derivatives exchanges. This circular was announced by the …