On social stock exchange, which will be used for fund raising by social enterprises, Sebi said the enterprises eligible to participate in it will be entities having social intent and impact as their primary goals.
The review was necessitated against the backdrop of significant developments in the mutual fund industry and in the financial markets as a whole, including in the area of product innovation, investment in newer asset classes
The quarterly financial statements submitted by RIL to the NSE for six consecutive quarters beginning June 2007 to September 2008 contained the same figures for basic as well as diluted EPS despite existence of share warrants, according to Sebi.
Poonawalla Fincorp board has accepted Abhay Bhutada's resignation. Trading window will remain closed for dealing in securities of the company for the "designated persons and their immediate relatives", says the firm
New-age start-ups follow a different nomenclature when it comes to giving designations to founders and co-founders; legal experts say that SEBI and stock exchanges might need to review the existing regulatory framework for disclosures as many start-ups are in queue to get listed