The Securities Appellate Tribunal (SAT) on Thursday, September 8, said if a company decides to raise money from 50 or more people, it must list the securities on a stock exchange to protect investors’ interests.
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.
The Securities Appellate Tribunal (SAT) on Wednesday, September 7, asked Sahara to file an affidavit explaining the method by which entities of the group had raised thousands of crores of rupees from investors through convertible instruments.
The SAT on Tuesday, September 6, rejected an application by an investor of Sahara Housing Investment Corp to become a party in the ongoing dispute between the Sahara group companies and the market regulator SEBI.
Jaiprakash Associates (JPA), the Jaypee Group flagship, is on the look out for a strategic partner for its cement business, the third largest in the country.
Why did the Central Government register its debenture-issue prospectus and then take well over a year to suddenly say it didn’t agree, asked counsel for the Sahara group of companies at the Securities Appellate Tribunal (SAT) today.
The Hero Group of automobile makers on Monday, September 5, announced its foray into the hospitality sector.
Regus, the provider of workplace solutions, has announced opening of a new business centre in Hyderabad.
Both the economy and the residential property sector are currently in a state of uncertainty. This has resulted in a rather prolonged period of vacillation and hesitancy among home buyers in India.
Omkar Realtors &Developers has raised Rs.200 crore funding, by INDIAREIT Fund for a premium residential project at a prime location in Worli, having a development potential of over a million sq. feet.