Sebi extends deadline for nomination for trading and demat account holders till September 30
Earlier, Sebi asked all existing eligible trading and demat account holders to provide a choice of nomination on or before March 31, failing which the trading and demat accounts would be frozen for debits.
SC dismisses DRI’s petition against three Adani Group subsidiaries
Between November 2022 and January 2023, the federal agency had moved the apex court against the relief granted to three firms namely : Adani Power Maharashtra Ltd (APML), Adani Power Rajasthan Ltd (APRL) and Maharashtra Eastern Grid Power Transmission Company Limited (MEGPTCL) by CESTAT.
AT1 investors point to YES Bank governance issues
Yes Bank had window-dressed its financials to lure investors to buy the bonds in 2016 and 2017 – a violation that RBI did not factor in while backing the complete write down of additional tier-1 (AT1) bonds in its special leave petition before the apex court.
Seventh round of coal mine auctions starts tomorrow
Of the 106 mines that will be offered in the seventh round, 61 are partially explored and 45 are fully explored, the government said on Monday. These comprise 95 non-coking coal, one coking coal and 10 lignite mines.