Sebi has restricted Axis Capital from taking on new assignments as a merchant banker for debt securities. This decision comes after it was found that...
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Sebi has prohibited Axis Capital from operating as a merchant banker for debt issuances and barred it from acting as an arranger or underwriter for any debt segment securities. The action follows Axis Capital’s involvement in Sojo Infotel’s non-convertible debentures offering, where it guaranteed Rs 260 crore but had to settle Rs 167 crore due to Sojo’s default.
Sebi has restricted Axis Capital from taking on new assignments as a merchant banker for debt securities. This decision comes after it was found that...
The National Company Law Tribunal has issued a notice to SpiceJet based on a plea by Techjockey Infotech Pvt Ltd, which claims a default of Rs 1.2...
Swiggy has submitted updated draft papers to Sebi for its anticipated IPO, which includes a fresh issue worth Rs 3,750 crore and an offer-for-sale of...
Vashu Bhagnani faces escalating troubles as director Ali Abbas Zafar accuses him of not paying ₹7.30 crore for 'Bade Miyan Chote Miyan'. The film,...
Implementing long-term fundraising plans as the Anil Ambani owned companies recently announced debt to nearly zero. After insolvency and major...
Fabtech Technologies, based in Mumbai, has submitted preliminary papers to Sebi for an IPO consisting of up to 1.20 crore equity shares. The funds...
Fabtech Technologies, based in Mumbai, has submitted preliminary papers to Sebi for an IPO consisting of up to 1.20 crore equity shares. The funds...
Reliance Power Ltd’s shares came into focus on Tuesday morning after Anil Ambani- led company declared preference shares worth Rs 1,524.60 crore at...
The Supreme Court has ordered Cebu Gov. Gwendolyn Garcia to settle her debt to a foreign bank as it denied her petition to block the order for her to...
Reliance Infrastructure reduced its standalone external debt from ₹3,831 crore to ₹475 crore. The company's shares rose 7% to ₹252.15.