November 20th, 2016Looking to provide an impetus to the early-stage startup ecosystem, markets regulator Sebi plans to reduce minimum angel fund investment for venture capital undertakings to Rs 25 lakh from the current Rs 50 lakh.
Sebi may also allow the angel funds to make overseas investments up to 25 percent of their investible corpus, in line with...
September 7th, 2016Varun Beverages, franchisee for soft drinks maker PepsiCo, has received markets regulator Sebis approval to raise over Rs 1,000 crore through an initial public offering.
Besides, leading logistics service and solutions provider, Seaways Shipping & Logistics has also got Sebis nod to float an IPO.
Varun Beverages and Seaways...
July 30th, 2016To encourage listing of start-ups, Sebi today proposed an easier framework that allows more investor categories, relaxed shareholding norms and reduced trading lot amount.
In this regard, the markets regulator has mooted changes to the framework of Institutional Trading Platform (ITP), which has not seen much traction even though it...
June 25th, 2016Varun Beverages, franchise for soft drinks maker PepsiCo, today filed preliminary papers with Sebi for an IPO to raise over Rs 1,000 crore.
The IPO entails sale of up to 2.5 crore shares, including fresh issue of 1.5 crore shares and offloading of stake by promoters.
The company has filed the draft red herring prospectus with the...
June 23rd, 2016JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country.
JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and...
Indian firms mopped up over Rs 68,608 crore through the equity market route in 2015. This is 76 percent higher than Rs 39,067 crore raised through the equity market in 2014.
Out of the total Rs...
December 14th, 2015Hiring firm TeamLease Services Ltd on Monday secured approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). The firm had filed its draft initial public offering (IPO) papers with the capital markets regulator in September.
The company, backed by private equity funds Gaja Capital and...