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Sebi bars Axis Capital
India markets regulator bars Axis Capital from acting as banker for new debt issues
India's markets regulator on Thursday barred investment bank Axis Capital from acting as a merchant banker for new debt issues for allegedly violating rules, according to an interim order on the regulator's website.
India Bars Axis Bank Unit From Managing New Debt Offerings
India’s capital market regulator has barred Axis Capital Ltd. from acting as a manager for new offerings of debt by Indian companies, the latest crackdown in the country’s securities market.
Axis Capital to explore legal remedies against Sebi's ban on debt segment business
Axis Capital on Friday said it is exploring legal remedies against markets regulator Sebi's order restraining the firm from taking up new assignments as a merchant banker for the debt segment. In a statement,
Debt offers: Sebi bars Axis Capital
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,
Sebi bars Axis Capital from taking new debt merchant banking assignments
Markets regulator Sebi on Thursday restrained Axis Capital from taking up new assignments as a merchant banker for debt securities until further notice, in a case of providing guarantees for the redem
India, Physics Wallah
India’s Physics Wallah raises $210M at $2.8B valuation even as edtech funding remains scarce
An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country.
India's Physics Wallah raises $210 million, more than doubling valuation to $2.8 billion
Physics Wallah has raised $210 million, more than doubling its estimated worth to $2.8 billion, the Indian education technology platform said on Friday, at a time when the rest of the industry has been struggling to mobilise capital.
Indian ed-tech startup Physics Wallah bags $2.8 billion valuation amid sector troubles
Physics Wallah CEO Alakh Pandey said the company would use the $210 million funding to expand its business and do acquisitions.
1h
on MSN
India stocks higher at close of trade; Nifty 50 up 1.48%
India stocks were higher after the close on Friday, as gains in the Real Estate, Capital Goods and Auto sectors led shares ...
Reuters
12h
India's IndoStar Capital jumps on $209 mln deal to sell home finance unit to EQT
BENGALURU, Sept 20 (Reuters) - Shares of IndoStar
Capital
Finance (INAC.NS), opens new tab climbed ... The private equity firm has been amping up its financial services portfolio in
India
, having ...
1h
on MSN
Travel vlogger on YouTube calls India ’most frustrating place to travel’; netizens say, ’Let him disappear’
In his recent video blog, titled ’I visited India so you don’t have to’, Benjamin who visited Kolkata and New Delhi, ...
1h
Can India revive its manufacturing sector and create millions of jobs?
India needs nuanced policies, investment, and scale to unlock its manufacturing potential, writes Ajay Shankar ...
3d
Atishi to Be New Chief Minister of India's Capital Territory Delhi
NEW DELHI (Reuters) - Delhi minister Atishi will take over as the new chief minister of India's national capital territory ...
2h
EQT To Buy India-based Indostar Home Finance For $210 Mln
EQT Corp. (EQT), an investment organization, announced Friday its agreement to acquire Indostar Home Finance, an Indian affordable ...
devdiscourse
1h
NCLT Dismisses Philips India's Petition Amid Valuation Discrepancies
The National Company Law Tribunal (NCLT) has dismissed the petition by Philips India to buy out the remaining 3.87% from its ...
2d
India's Hindalco plans to enter solar module manufacturing, sources say
India's Hindalco Industries plans to start solar modules manufacturing and set up a plant in the western state of Gujarat, ...
1h
on MSN
Explained: What prompted SEBI to flag Axis Capital’s underwriting activity & guarantee
SEBI has flagged improver use of Axis Bank’s rating and position by Axis Capital in acting as a guarantor and taking credit ...
Opinion
1d
on MSN
Opinion
'With interest rate cuts beginning, India should see capital being reallocated from bonds to equities'
Pawan Bharaddia, Co-founder, Equitree Capital, on what US rate cuts mean for Indian markets, long-term outlook, the firm's ...
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