Sebi has issued new guidelines for listed companies seeking approval for related party transactions (RPTs). Companies must now provide detailed justifications, valuation reports, and turnover percentages to audit committees and shareholders. However, smaller RPTs below 1% of turnover or Rs 10 crore are exempted from these stringent disclosure norms.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove