(Reuters) - The board of India's markets regulator on Wednesday approved a set of far-reaching changes aimed at giving more power to shareholders and creditors, including doing away with the current practice of having permanent board members for publicly listed companies. | 09:34am
India's markets regulator on Wednesday decided to tweak rules governing its 39.46 trillion rupees ($480.52 billion) mutual fund industry, allowing private equity firms to back Asset Management Companies(AMCs).
India's markets regulator on Wednesday asked that the top 100 companies listed on its stock exchanges confirm or deny market rumors that impact share prices, in a bid to bring more transparency and ensure timely disclosure of "material events".
India's market regulator on Wednesday agreed to give more power to shareholders and asked large corporations to make clearer disclosures to stock exchanges on market-moving events.
By Jayshree P Upadhyay and Bharath Rajeswaran MUMBAI (Reuters) - India's market regulator is set to brief the federal government on its investigation into Adani group's shelved share sale, two sources said, thrusting the watchdog