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The proposals are designed to prevent circumvention of minimum public shareholding requirements and misuse of the FPI route to guard against risks of an opportunistic takeover. The move follows SEBI's difficulty in identifying the beneficial owners of some foreign portfolio investments in Adani stocks, since the existing regulations are lax in identifying their true ownership.
Outlook darkens for US market as Joe Biden's regulators take shapeGary Gensler will serve as chair of the Securities and Exchange Commission (SEC) and Federal Trade Commission member Rohit Chopra will head the Consumer Financial Protection Bureau (CFPB).
from Stocks-Markets-Economic Times … Read MoreSGX Nifty up 90 points; here's what changed for market while you were sleepingAsian share markets edged ahead on Tuesday as investors wagered China's economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.
from Sto… Read MoreStocks in the news: Adani Green, YES Bank, ICICI Lombard & MindtreeYES Bank's board will meet on Friday to consider a proposal for further fundraising through various means.
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… Read MoreBuy Hero MotoCorp, target price Rs 3390: ICICI SecuritiesHero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 63189.49 Crore) operating in Auto sector.
from Stocks-Markets-Economic Times https://ift.tt/3p3KP9y
… Read MoreBuy or Sell: Stock ideas by experts for January 19, 2021
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