The association, which represents 77 domestic and foreign institutional investors who collectively own 10.15% of the DTH company, had on May 15 written to the Dish TV board to convene an EGM within the stipulated 21 days. It also called upon the ministry to initiate “stringent” measures against Dish TV directors for their multiple alleged violations of the Companies Act.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and