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Apart from the materiality threshold, Sebi has relaxed the minimum information required to be furnished to the audit committee and shareholders for RPT approvals
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The land, located in Sector 151, Noida, was acquired by the group through auction conducted by the state government, they added
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Talks are at an early stage and no decision has been made on the size of the offering. The move marks Sembcorp’s second attempt to list its India business after withdrawing a draft prospectus in January 2019 to inject new equity.
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A rare data misstep involving the central bank triggered an unexpected bond selloff as the rupee weakened. Premature figures signalled heavy bond sales, shocking traders before corrected data emerged, leaving benchmark yields elevated even after the clarification
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The Reserve Bank of India likely intervened before the local spot market opened on Monday, and intermittently thereafter, helping the currency hold above its all-time low, traders said
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