MUMBAI: Markets regulator Sebi today said it plans to amend norms pertaining to minimum public shareholding and other provisions as well as put in place additional disclosure requirements for listed corporates undergoing insolvency resolution process. After approval from its board today, Sebi has come out with a discussion paper on compliance with Sebi Regulations by…
A Hyundai Motor’s booth is seen near the Pyeongchang Olympic Plaza in Pyeongchang Thomson Reuters By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) – South Korea’s auto-to-steel giant Hyundai Motor Group will streamline its complex ownership structure, as it responds to calls from the government and investors to reform the country’s powerful family-controlled conglomerates or…
NEW DELHI: The Securities and Exchange Board of India (Sebi) is set to hold its board meeting on Wednesday. The capital markets regulator is likely to discuss a host of issues, including ways to strengthen algo trading, amendments to rules on angel funds, mutual funds, buybacks, and takeovers. Let’s check what could be in store.…
By Hyunjoo Jin and Joyce Lee Hyundai group to streamline ownership structure in reform push SEOUL (Reuters) – South Korea’s auto-to-steel giant Hyundai Motor Group will streamline its complex ownership structure, as it responds to calls from the government and investors to reform the country’s powerful family-controlled conglomerates or chaebol. Hyundai Mobis Co Ltd <012330.KS>,…
International law firm DWF has appointed litigation partner Ricky Cannon to its debt recovery and finance litigation business in its Glasgow office in Scotland. It has also hired Neale Tosh as an associate in the same team. Both joined from Brodies where they both concentrated in business disputes and asset recovery. Cannon has a particular…
THREE companies formerly involved in prominent Bendigo cafes have been placed in voluntary liquidation, echoing the events of four years ago. A liquidator was appointed to Bath Lane Cafe Pty Ltd, The Green Olive Pty Ltd, and Cafe Au Lait (Vic) Pty Ltd on March 22. Bath Lane Cafe is trading under new a owner, who purchased the cafe in October. When I bought…
SolarWorld was reported to have cited the expected expiry of EU tariffs on Chinese produced PV modules and the end to the MIP (Minimum Import Price) agreement this year as well as the general trend of continuous lowering of module average selling price (ASP) as reasons behind the start of insolvency proceedings. Image: SolarWorld German-based…
Cosimo Commisso in 1981. File Share Adjust Comment Print TORONTO A well-connected Toronto mobster who had secretly been working with police to penetrate the citys powerful Mafia clans knew his time as a double agent was running out when a man he considers one of the most powerful mob bosses threatened him. Carmine Guido had…
Patricia Simpson (left), Heidi Campbell, two of the team who set up a stall at Glen Innes court to offer advice to those who may have fallen foul of the court previously. Lawyers have been touring New England offering free advice to people in financial trouble. They set up stall on the steps of the Court…
A Beckley associate pastor paid off $43,000 in debt and will come to Weston this April hoping to help local residents get out from under their own financial burdens. Financial coach Adam Justice, who profited from the financial principles of nationwide author and financial broadcaster Dave Ramsey, will give a two-day financial seminar at Broad…