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The board will consider whether to raise the minimum application size for the public offerings of small and medium(SMEs) to 2 lakh or even higher at 4 lakh from the existing 1 lakh. The proposed tightening of rules comes in the wake of instances of diversion of issue proceeds to shell companies controlled by promoters and inflation of revenue by circular transactions through related parties.
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News and Media
As the holiday shipping rush hits the home stretch, hundreds of workers at an Amazon delivery station in Skokie have voted to authorize a strike in an effort to reach their first union labor contract with the online retailing giant.
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News and Media
Individual lenders have approached the central bank to ease the proposed LCR guidelines that require them to mandatorily invest a sum equal to their 30-day outflows in high quality liquid assets (HQLAs), like government securities, to avoid a collapse like the Silicon Valley Bank.
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News and Media
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