SEBI cracks down on firms raising public funds illegally
Market Regulator Sebi has begun coming down hard on entities raising public money illegally through issue of 'redeemable preference shares' and similar instruments.
Aug 04, 2014, 15:46 PM ISTFPI,SWF investments in securities to be part of $51 bn debt cap
RBI on Thursday said investments by FPIs and Sovereign Wealth Funds in non-convertible shares, redeemable preference shares or debentures will be included within the USD 51 billion limit meant for corporate debts.
Jun 06, 2014, 23:16 PM IST