According to sources familiar with the matter, the Securities and Exchange Board of India has held back its green light for the much-awaited public issues so far, as share sales by these companies could have inadvertently ended up violating rules that govern unlisted companies.
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall
The Reserve Bank of India has formed an eight-member committee to explore quantum technology’s role in finance. Headed by an IIT Madras professor, the panel
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