SEBI Proposes Flexible IPO Rules for Very Large Companies to Ease Stake Dilution

In a strategic move to support India’s capital markets while addressing concerns of large corporates, the Securities and Exchange Board of India (SEBI) has proposed relaxing the Minimum Public Offer (MPO) norms for very large companies launching initial public offerings (IPOs). This comes as part of SEBI’s efforts to reduce the stake dilution burden and … Read more

Kotak Mahindra Becomes First Indian Firm to Secure UAE SCA License for Investment Services

In a significant development for India’s financial services sector, Kotak Mahindra International has become the first Indian company to receive a license from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). This license grants permission for Investment Fund Management and Portfolio Management, opening up new opportunities for cross-border financial operations and … Read more