The Directorate has asked the firms and companies to submit a string of information on businesses and key persons as well as old data. For instance, in one such notice sent mid-July, the ED directs the company to submit details of the company, local and offshore bank accounts, identities of directors, and former directors including their nature of association with the company along with residential addresses.
MCX shares rise 4%, hit lifetime high on Sebi’s nod for launch of electricity derivatives
MCX has received Sebi approval to launch electricity derivatives, marking a historic first for India. The move is expected to deepen energy markets, help manage