SEBI approval Archives

Sebi approves Tata Capital’s confidential DRHP for Rs 17,200 crore IPO

Topnewsplus2 months ago03 mins

Tata Capital, a subsidiary of Tata Sons, is likely a step closer to launching its ₹17,200 crore initial public offering (IPO). Market regulator Securities and Exchange Board of India (Sebi) has cleared the non-banking financial company’s draft papers for the public issue, which were filed through the confidential route, said two people familiar with the…

MCX shares surge over 6% after SEBI approves launch of electricity derivatives

Topnewsplus3 months ago05 mins

Shares of Multi Commodity Exchange of India (MCX) jumped 6.32 per cent to Rs. 7,888.35 after the company announced it had received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives. The move is expected to significantly benefit power generators, distribution companies, and large consumers by allowing them to hedge…