The dispute between the Directorate of Hydrocarbons and Vedanta – Cairn arose due to incorrect cost recovery and non-allocation of common costs that allegedly had a huge “adverse financial implication on the Profit Oil/Gas” payable to the government.
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore
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