Latest Updates Around The World
Mumbai: The Reserve Bank of India (RBI) on Friday said banks should provide acquisition financing only in cases where the acquiring company already has control of the target and is seeking financing to increase its stake and cross material thresholds from 26% to 90%.The regulator said banks may refinance a target company’s existing debt where […]
Markets regulator Sebi has given in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements in the next six months, an official statement said on Friday.As part of the process to secure final registration, RIIT will have […]
