Diabytes
Securities and Exchange Board of India (SEBI) News
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Why the sudden surge in SEBI decisions? SEBI's 'unlimited powers' misused? SEBI's 'powers' need to be 'curb'!
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The market regulator's order was issued close on the heels of CBI naming Mallya, Kingfisher Airlines and eight others in a charge sheet related to loan default case.
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A cursory reading of the Insurance Regulatory and Development Authority`s (IRDAI) order against Sahara India Life in 2012 shows the regulator has clearly missed the wood for the trees, officials told IANS on condition of anonymity.
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The first masala bonds were only issued in mid-2016, and the market still lacks the depth that would make them more attractive to foreign investors.
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The move comes in the wake of a technical glitch at country's largest stock exchange NSE, which led to halting of trading activities for over three hours on July 10.
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The deadline has been extended to avoid bunching of share sale offers from state-owned firms and the government gets to decide on the opportune time to divest stake in any PSU, including the blue chip ones.
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