Market regulator Sebi
The Securities and Exchange Board of India (SEBI) has requested the government to provide a clear picture on tax benefits for the latest products like REITs (Real Estate Investment Trusts) and Infrastructure Investment Trusts. This is expected to boost the capital markets. Regulator SEBI is soon to finalise the norms for REITs once there is [...] Continue Reading »
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »
Sahara group of companies to face more trouble in future as ministry of corporate affairs (MCA) has expressed its support to market regulator Sebi’s June 23 order against the two companies of Sahara. Both Sebi and MCA work in tandem for protecting rights of small investors. Securities Appellate Tribunal (SAT) is scheduled to hear the [...] Continue Reading »
