After Rajan Gone, Who’s Gonna Take The Helm of RBI? India’s central bank governor Raghuram Rajan stunned government officials and investors on Saturday by announcing he would step down when his term ends on September 4. Finance Minister Arun Jaitley said the government would name a successor soon and a senior official told that there … Read More →
SEBI to ease norms for REITs, portfolio managers The Securities and Exchange Board of India (SEBI) plans to relax norms for portfolio managers to enable more offshore fund managers to relocate to India. The regulator is also looking to change the norms for Real Estate Investment Trusts (REITs) to attract more real estate companies in … Read More →
The Reserve Bank of India (RBI) on Friday simplified the process of registration of new non-banking finance companies (NBFCs) by reducing the application form and the checklist of documents from the existing set of 45 documents to just seven and in some cases eight. And deposit taking and non-deposit taking NBFCs would have separate applications … Read More →
Subramanian Swamy for CBI probe into grant of small finance bank licenses Alleging flouting of its own rules by RBI in grant of 10 small finance bank licences, BJP leader Subramanian Swamy on Wednesday asked Prime Minister Narendra Modi to order a CBI-led probe into the matter. Seeking action against RBI officials, including Governor Raghuram … Read More →
SEBI to take action against more brokers for manipulative ‘self-trades’ More equity brokers are likely to be penalised by market regulator Sebi for execution of ‘self trades’. Sebi’s action to impose heavy fines on a few brokers last year for failure to curb self trades has been challenged in court. But the regulator intends to … Read More →
Have you ever wondered why many ‪business‬ professionals are trying to move or form there business overseas…check this 6 key reasons behind forming an ‪‎offshore‬ ‪company‬:
Do you want to setup a company, HOLD-ON are you aware of Companies Act & Company Law: A Company is defined as a voluntary association of persons formed for the purpose of doing business, having a distinct name and limited liability. Companies, whether public or private, are an indispensable part of an economy. They are … Read More →
Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of securities market. SEBI promotes orderly and healthy development in the stock market but initially SEBI was not able to exercise complete control over the stock market transactions. It was left as a watch dog to observe the activities but … Read More →
Sebi to make it easier for fund managers to move to India To make it easier for the foreign fund managers keen to relocate to India, markets regulator Sebi is considering allowing them to function as ‘Portfolio Managers’ under an easier regulatory regime. The move assumes significance in the wake of the government already having … Read More →
IPO investors open to invest in sectors like dairy firms, micro-finance and healthcare Gone are the days when traditional industries such as construction and engineering used to dominate the primary market to raise funds. These days, sectors like dairy firms , micro-finance, healthcare and staffing services are crowding the initial public offering (IPO) space. Investment … Read More →