Dodla Dairy Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India to raise funds via an initial public offering. The main business of the company is the sale of milk and dairy-based...
Sebi ban may not affect RIL deal
The ban on Kishore Biyani and others from dealing in the securities market or shares of Future Retail Ltd may not affect Future Group’s ongoing sale of retail assets to Reliance Industries Ltd, legal experts said. In...
Sebi gives nod to Reliance’s acquisition of Future Retail
The Securities and Exchange Board of India (Sebi) has approved Reliance Retail’s acquisition of Future Group’s retail assets on Wednesday. The BSE on Wednesday said, based on the comment offered by SEBI, it has no...
Amazon writes to Sebi again, urges it to suspend review of Future-RIL deal
E-commerce major Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It...
RPL case: Sebi slaps fine on Reliance, Ambani
India’s markets regulator on Friday fined Reliance Industries Ltd (RIL) and its chairman and managing director Mukesh Ambani a total of ₹40 crore for alleged manipulation in the trading of Reliance Petroleum Ltd’s...
Future, Amazon continue letter fight; write to SEBI over Future-Reliance deal
Continuing their letter fight, Amazon and Future Group have written to market regulator SEBI with contrasting requests over a Rs 24,713 crore buyout of assets of India’s second-largest retailer. Future Group has...
Amazon asks Sebi to wait for SIAC order
Amazon.com Inc. has asked India’s markets regulator to wait for the final order of a Singapore court before clearing the merger of Future group companies, a move that is seen as a precursor to an eventual sale of its...
Future-Reliance deal: Regulator Sebi awaits clarification before go-ahead
Markets regulator Sebi has sought some “clarification” from leading stock exchange BSE before giving its go-ahead to the Rs 24,713 crore deal between Future group and Mukesh Ambani’s Reliance...
Sebi questions BSE on its nod for Future deal
The markets regulator has questioned BSE’s alacrity in clearing the share capital reorganization of Future Group firms, as part of a $3.5 billion acquisition by Reliance Industries Ltd (RIL), despite four unresolved...
Amazon asks Sebi to probe Future Retail for insider trading
Amazon has asked the market regulator Securities and Exchange Board of India (Sebi) to investigate Future Retail Ltd for insider trading, and accused the Kishore Biyani retail firm of breaching confidentiality by...
SAT dismisses RIL appeal against Sebi order seeking payment of Rs 447 cr
The Securities Appellate Tribunal (SAT) has dismissed Reliance Industries’ (RIL’s) plea challenging an order passed by the Securities and Exchange Board of India (Sebi) asking the company to return Rs 447 crore...
Future-Reliance deal: BSE to consult SEBI after Amazon’s objection, says report
The Bombay Stock Exchange (BSE) will consult the market regulator and seek clarifications from Future Retail and Reliance Industries about their $3.4 billion transactions, following Amazon’s objection to the deal...