India's capital markets regulator said on Tuesday it has not received an application for dual listing, seen as a key issue holding up a finalisation of tie-up talks between Bharti Airtel and South Africa's MTN. Securities and Exchange Board of India ..
Audit firms in India are facing the threat of losing their business with around 200 Indian companies listed in various European bourses due to the new transparency requirements for auditors in the European Union (EU). The strict norms governing adver ..
Quarterly cost audit by internal auditors in the listed companies should be explored in consultation with the market regulator SEBI to improve corporate governance, an expert group appointed by Corporate Affairs Ministry has suggested. "The pos ..
The Reserve Bank of India (RBI) has sought exemption for bank mergers and acquisition (M&As) from the Competition Act of 2002. In a note sent to the Ministry of Finance, the RBI has stated that the exemption should be granted following the urgenc ..
Shedding earlier reservations over some aspects of the controversial new FDI guidelines, the Finance Ministry now says it does not have any objection to new rules that changed the criteria for calculation of foreign ownership in a company and its dow ..
The Insurance Regulatory and Development Authority (Irda) is in the process of setting up database of all vehicles, which are insured. In this context, Irda has released a draft on design and development of Vehicle Insurance Status SMS System (VISSS) ..
The Reserve Bank of India (RBI) has requested all Registrars of Co-operative Societies (RCSs) to restrict individual shareholding in an urban co-operative bank (UCB) to 5 per cent of the total paid-up share capital. In its meeting with the registrars ..
The new transfer of agency norms announced by the insurance regulator this month could turn out to be a ticklish issue for the country’s largest bank, State Bank of India. SBI is in the process of floating a non-life insurance company — S ..
The Reserve Bank of India (RBI) has directed that the fraud risk management and fraud investigation function of a bank must be owned by the bank's chief executive officer, its audit committee and the special committee of the bank's board for high-val ..
Nearly 100 stockbroker members of the Bombay Stock Exchange (BSE) would move the Supreme Court (SC) to save a combined tax liability of around Rs 125 crore, which they have claimed as depreciation on their stock exchange membership card.Some of the t ..
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