SEBI Looking At Initial Share Sale Process
Show:   Business
Category:    Business
Tags:    SEBI,U K Sinha,IPO,English,Mumbai
Published Date:    January 04, 2012
Owner:   
Views:   
Facebook Tell to a Friend
Description
Mumbai, January 4 (ANI): India's market regulator, Securities and Exchange Board of India (SEBI), has decided to have a relook at the entire process of raising funds via initial public offerings. Addressing mediapersons on Wednesday in Mumbai, SEBI's Chairman, U K Sinha said that it is important for people to first understand the rationale behind SEBI's decision. Sinha informed that a probe revealed misuse or diversion of IPO proceeds, inadequate documentation and due diligence and possible trading violations on the day of listing of some IPOs.

Business Episodes





Kamal 50 Oru Thodarum Sarithiram