Posted inIndia, South Asia

India’s SEBI may ease norms for takeover of ailing firms

After India’s central bank initiated insolvency proceedings against 12 large borrowers, many of whom are also listed in stock exchanges, market regulator Securities and Exchange Board of India (SEBI) is expected to amend some existing regulations related to takeovers. SEBI is planning to reduce the timeline for completion of takeover to 30 days from six […]

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