Securities and Exchange Board of India
The Securities and Exchange Board of India (Sebi) is all set to approve the guidelines for real estate investment trust (REITs) and other infrastructure investment trusts (InvITs) at its board meeting on the August 10 in the capital. The Narendra Modi government had announced plans for such trusts in the July 10 Budget that was [...] Continue Reading »
The REIT (Real Estate Investment Trusts) norms will be more attractive now and the capital markets regulator SEBI (Securities and Exchange Board of India) has agreed to incorporate the industry suggestions. The minimum asset size will be reduced to Rs 500 crore, and foreign investors at IPO and later stages will be allowed. At the [...] Continue Reading »
After extensive stakeholder consultations alternative investment fund (AIF) regulations were notified in May 2012. The Securities and Exchange Board of India (SEBI) after recognising the need for long-term, cost-effective funding source from the private sector, capital markets or private pool of capital for start-ups, small & medium businesses and infrastructure came out with this. As [...] Continue Reading »
The Securities and Exchange Board of India (Sebi) on Thursday released draft guidelines for infrastructure investment trusts (InvITs). This is expected to enable financing and investment opportunities in long-term infrastructure projects. The finance minister Arun Jaitley made some draft guidelines during the Budget speech last week. SEBI is supposed to follow those draft guidelines. InvITs are [...] Continue Reading »
On Friday the Capital markets regulator Securities and Exchange Board of India (SEBI) suggested a tech savvy way for the debt laden Sahara Chief. This measure will help to raise money for his own bail. SEBI suggested that the Sahara Chief Subrata Roy should be allowed to step out of Tihar jail for a few [...] Continue Reading »
Market regulator Securities and Exchange Board of India (SEBI) was today asked by the Supreme Court to come up with safeguards to verify the transparency in the sale of properties of the Sahara Group to raise the amount for the release of its chairman Subrata Roy, who has been in Tihar Jail since March 4th. [...] Continue Reading »
Hindustan Construction Company’s subsidiary Lavasa Corporation has filed a draft red-herring prospectus with the Securities and Exchange Board of India (SEBI) on Tuesday and informed the exchanges. The company decided to raise funds from the primary market through the launch of an IPO worth ₹750 crore. The company’s spokesperson also mentioned that the issue is subject [...] Continue Reading »
The much needed real estate investment trusts (REITs) are almost here for realtors to seek help from, but the question is, would the REITs be allowed an entry into the nations markets? This is a move which when allowed would be great for the economy, say sources. A move that would bring in the much-wanted [...] Continue Reading »
The year 2014 looks promising for REITs or Real Estate Investment Trusts. Anticipating a go ahead in this year’s budget, the trusts offer hope to realty developers who are struggling with low sales and high fund costs. Like mutual funds, REITs can be traded and listed in exchanges. They are tax-free and invest in malls, [...] Continue Reading »
The property developer Vijay Shanthi Builders Ltd has now decided to raise Rupees 65 crore through Non-Convertible Debuntures from the IDFC real estate fund. The ability to raise funds has been crippled because of the sluggish growth in the economy. Companies which have faced this dilemma are the banks, the financial institutions which have been [...] Continue Reading »
