Adani Group stocks fall for second day on Sebi probe over compliance
Business

Adani Group stocks fall for second day on Sebi probe over compliance

By Administrator_India Capital Sands Firms controlled by Gautam Adani fell for a second day Tuesday, after the minister of state for finance told Parliament that some of them are being probed by the markets regulator over compliance with securities rules. Besides Sebi, Directorate of Revenue Intelligence is also “investigating certain entities” belonging to the Adani Group for compliance to another set […]

Business

SEBI changes norms for issuance of AT-1 bonds, minimum allotment size at Rs 1 crore

By Administrator_ India Capital Sands Markets regulator Sebi on Tuesday mandated usage of electronic book mechanism for issuance of Additional Tier 1 (AT1) instruments. The mechanism has been made mandatory for such instruments irrespective of the issue size. Perpetual non-cumulative preference shares,  innovative perpetual debt instruments and perpetual debt instruments, commonly referred to as AT1 instruments, […]

Business

Kalyan Jewellers files IPO for Rs 1,750-cr in largest offer in its sector

By Administrator_India Capital Sands Kerala-based Kalyan Jewellers India has filed its offer document with the SEBI for a Rs 1,750-crore initial public offering . The issue comprises fresh fundraise of Rs 1,000 crore and Rs 750-crore secondary share sale by promoter T S Kalyanaraman and private equity firm Warburg Pincus. This IPO will be the biggest by a jewellery […]