The offering comprises a fresh issue aggregating up to Rs 100 crore and an offer for sale of up to 1.44 crore shares.

In an update on June 29, the regulator said it is awaiting response to the clarification sought on June 26 from the lead manager of the public issue.

The UK accounting watchdog asked the Big Four to split their audit and consulting businesses.

Responding to Businesstoday.in on what the role will entail and what he would like to focus on, Narayanaswamy  says: "The Technical Advisory Committee (TAC) advises the National Financial Reporting Authority (NFRA) on how it can fulfill its mandate to protect…

AAI had told its regional executive directors on Wednesday to work out modalities for implementing the cash and carry mode for SpiceJet

The committee of creditors is yet to approve either of the two resolution plans that the Era Infra resolution professional has received so far - the reason being legal disambiguity of the resolution plans submitted

The RBIs opposition to ARCs becoming resolution applicants (RA) could scuttle not just the Aircel plan but that of others such as Reliance Communications (RCom) as well. This would hurt state-run banks such as SBI, since they are the biggest lenders to companies…

Irdai chairman S C Khuntia said that the regulator is looking to introduce risk-based supervision norms, which is required so that those companies which carry higher risks get more supervision

​​This year, the calculations on arms-length basis transactions and comparables have become tough due to unavailability of the data, say tax experts.

SEBI has asked listed companies to disclose the initiation of forensic audits against them to stock exchanges, in a bid to ensure greater transparency.

Having Independent directors on the board will remain mandatory. the way forward is to strengthen the system surrounding their appointment & functioning

The RBI had superseded LVB's board on November 17 after the private sector lender was placed under a 30-day moratorium restricting cash withdrawals at Rs 25,000 per depositor.

With reforms in the process, India would need a clear law and policy on forensic audits.

Misha, partner at Shardul Amarchand Mangaldas, said that the initial delay in the processes was caused on account of certain unsettled issues of interpretation and the ecosystem becoming familiar with the processes.

The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project

If LICs post-issue market capitalisation is estimated at Rs 8-10 lakh crore, then the issue size would have been Rs 80,000-1,00,000 crore as per the old rules, which can now come down to Rs 45,000-55,000 crore.

According to the CCI order, MakeMyTrip had delisted FabHotels and Treebo from its portals in June and April 2018 respectively after its agreement with OYO. The agreement allegedly conditioned the delisting of properties of the two small hotel chains as they…