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SEBI approval News

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Reliance Communications on Monday said it has received approval of the Competition Commission of India (CCI) for the demerger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.
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Reliance Communications on Wednesday said it has received approvals from markets regulator SEBI and the stock exchanges for proposed demerger of its wireless business into Aircel Ltd.
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Mahindra Asset Management Company has received markets regulator Sebi's approval for setting up of mutual fund business.
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Mineral exploration firm Deccan Gold Mines has received market regulator Sebi's approval to raise a little over Rs 44 crore through a rights issue.
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Fragrance maker S H Kelkar & Company has received capital market regulator Sebi's approval to float an initial public offer (IPO), including issuance of fresh shares worth Rs 200 crore.
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State Bank of Travancore has sought capital markets regulator Sebi's approval to raise up to Rs 485 crore through rights issue to shore up its capital base.
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GMR Infrastructure has received market regulator Sebi's approval to raise up to Rs 1,500 crore through rights issue.






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