tighter disclosure norms for offshore funds that have invested more than half of their assets under management in a single group of companies and more than 250 billion rupees in the country’s equity markets.Zee Entertainment Enterprises CEO Punit Goenka and Chair Emeritus Subhash Chandra from holding key managerial positions in any listed company.
India's markets watchdog has "drawn a blank" in investigations into suspected violations in overseas investments in the Adani group and its pursuit of the case could be a "journey without a destination", a six-member panel of experts appointed by the Supreme Court has said,The top court on May 17 pushed the deadline for Sebi to complete its investigation into possible violation of securities law and regulatory disclosures by the Adani group to Aug 14. from May 2.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - Europe's biggest IPO prudently tests the waterEurope’s biggest listing this year is off to a cautious start. Hidroelectrica, Romania’s top hydropower producer, priced on Wednesday its initial public offering (IPO) at 104 lei ($22.87 per share, the middle of a proposed range, raising 1.8 billion euros. That values the whole utility at 46.8 billion lei, or 9.4 billion euros. It also suggests the company would trade at 10.5 times its 2022 earnings per share, a multiple 30% lower than the 14.8 times Austrian peer Verbund is currently trading at.
Source: Reuters - 🏆 2. / 97 Read more »
Breakingviews - UK’s leaky water model faces a growing stormBritain’s leaking water industry is facing a tidal wave of problems. Financial troubles at Thames Water have thrown the spotlight on Britain’s privately held utilities. But much higher investment needs likely in the coming years will mean bigger bills and greater political scrutiny. That could make it hard to maintain ownership models in their current form.
Source: Breakingviews - 🏆 470. / 51 Read more »
Breakingviews - Mission Impossible: Paramount reckoningParamount Global’s predicament is worthy of its successful “Mission: Impossible” franchise. The various parts of the entertainment conglomerate controlled by Shari Redstone are in theory worth far more than its $11 billion market capitalization suggests. Extracting the additional value, however, would be a formidable assignment for even the most highly skilled financial operatives.
Source: Reuters - 🏆 2. / 97 Read more »