Source: http://nraombakc.blogspot.com/2012/04/investment-banking-securities-market.html
Timestamp: 2018-03-22 05:59:57
Document Index: 257340520

Matched Legal Cases: ['art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7']

MBA Course Knowledge Center: Investment Banking - Securities Market - News - India
Investment Banking - Securities Market - News - India
Important news regarding investment banking and securities markets in India.
India - Business and Economy Dailies
India Growing Higher Than China - It Started
India growth in 2010 10.4%; China's growth 10.3% IMF stats
Rising Valuation and Rate Hike Fears Prompt Analysts to Reduce "Buy Recommendations on India Stocks
(Economic Times, p.21)
As the country's stocks surpassed China, strategists are cutting buy recommendations on India.
IDR Issue of Stanchart cleared by RBI
Conditions laid: Stanchart can raise a maximum 5% of its capital from a single IDR issuance. Cannot accept subscriptions from investors who borrow money and invest. No single entity can pick up moe than 5% in an IDR. The same guidelines may apply to IDR issues of other banks.
http://www.thehindubusinessline.com/2009/10/10/stories/2009101050480600.htm
Issue of Capital and Disclosure Requirements - 2009 (ICDR-2009)
Detailed knols
India - ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS - REGULATIONS, 2009
Indian Security Issues - Definitions - ICDR - 2009
Securities Issue in Indian Market - Offer Document and Filing of Offer Document
India - Public Issues - Regulation - Part 1 - ICDR-2009 - SEBI
India - Public Issues - IPO-Regulation - Part 2 - ICDR 2009 - SEBI
India - Public Issues of Capital - IPO - Regulation - Part 3 - ICDR 2009 - SEBI
India - Public Issue of Capital - IPO - Regulation - Part 4 - ICDR 2009 - SEBI
India - Public Issues - IPO - Regulations - Part 5 - ICDR 2009 - SEBI
ICDR - 2009 - India - Public Issue - IPO - SEBI Regulation - Part 6
ICDR - 2009 - India - Public Issue - IPO - SEBI Regulation - Part 7
Issues of FCCBs
Sesa Goa raised $500 million (Rs.2,399 crore) through FCCBs.
Welspun gujarat Stahl Rohren raised $134 million (Rs. 634 crore) through FCCBs.(ET, 26.9.2009).
Dual Listing linked to Full Convertibility
Pranab Mukherjee, The Finance Minister of India said, dual listing is linked to full convertibility in the context of Bharti-MTN deal.
A good blog on Securities Markets of India
http://blogs.livemint.com/blogs/initial_private_opinion/
An article on depository receipts
Depositary Receipts: Concept, Evolution and Recent Trends by Manoj Kumar, Faculty, IIM Lucknow.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=951425
Takeover norms revised; ADRs at par with domestic shares
The Securities and Exchange Board of India revised takeover norms by bringing ADRs/GDRs with voting rights on par with the domestic shares, which makes an open offer mandatory if 15 per cent stake is bought in a company through these securities.
http://business.rediff.com/report/2009/sep/22/sebi-revises-takeover-norms.htm
Regarding Voting Rights of ADRS/GDRs RBI clarification
vii) Voting rights on shares issued under the Scheme shall be as per the provisions of Companies Act, 1956 and in a manner in which restrictions on voting rights imposed on ADR/GDR issues shall be consistent with the Company Law provisions. Voting rights in the case of banking companies will continue to be in terms of the provisions of the Banking Regulation Act, 1949 and the instructions issued by the Reserve Bank from time to time, as applicable to all shareholders exercising voting rights.
http://www.rbi.org.in/scripts/NotificationUser.aspx?Mode=0&Id=5094#39
Relaxation of FII investment norms
SEBI is coming out with a concept paper that focuses on relaxations in FII investment norms. Individuals may have a direct access to the Indian Markets according to the proposals in the concept paper.
Issue of Capital and Disclosure Regulations Issued by SEBI
http://www.sebi.gov.in/guide/sebiidcrreg.pdf
SEBI Informal Guidance to Bharti Airtel Limited regarding issue of GDRs to MTN shareholders
http://www.sebi.gov.in/informalguide/Bharti/BhartiSEBIJune22.pdf
SEBI Board Meeting - Decisions
The Board met today and took the following decisions:
An issuer making a public issue of shares through book building may allocate on a discretionary basis up to 30% of the QIB portion of the issue to anchor investors (AIs), who is a QIB. The minimum size of application by AIs would be Rs. 10 crore. They would bring in a margin of 25% on application and the balance 75% within 2 days of the date of closure of the public issue. There will be a lock-in of 30 days on the shares allotted to these investors from the date of allotment. No person related to the promoter/promoter group/BRLMs can apply as anchor investor. This would bring more certainty to transactions.
http://www.sebi.gov.in/press/2009/1922009.html
Full Backing of Assets for Secured Debentures
A week ago, the Securities and Exchange Board of India (SEBI) had decided that companies raising money through 'secured bonds' and debentures should make sure that the papers issued are fully backed by assets.
(Source: The Economic Times, 28.5.2009, page 1).
Knol Started
Knol started on 28.5.2009 to accumulate news related to investment banking in India and thus provide the status of investment banking sector in India. As the knol is kept on open collaboration, authors and visitors can share information they know.
Original knol - http://knol.google.com/k/narayana-rao/investment-banking-securities-market/2utb2lsm2k7a/ 1221
Posted by Narayana Rao at 5:26 PM
Labels: Investment Banking, Investment management