Sebi Exploring Possibility To Allow Special Purpose Acquisition Companies In India

Sebi is studying possibilities of allowing special purpose acquisition companies to work in India Possibilities of allowing special purpose acquisition companies (SPACs) to function in the country are being studied, Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi said on Wednesday. Addressing the annual Capital Market Conference organised by industry body FICCI, Mr Tyagi said that the market regulator’s Primary Market Committee is evaluating the possibility of allowing SPACs to work in India. Prevailing Sebi…

"Sebi Exploring Possibility To Allow Special Purpose Acquisition Companies In India"

Canara Bank Sheds 3% Even After Profit Jumps 3-Folds In June Quarter

Shares of Canara Bank were last trading 3.63 per cent lower at Rs 143.40 on the BSE. Share price of Canara Bank declined more than three per cent on Wednesday, July 28, a day after the bank announced its April-June quarter results for the financial year 2021-22. On Wednesday, Canara Bank opened on the BSE at Rs 149.90, inching to an intra day high of Rs 150.50, and an intra day low of Rs 142.10,…

"Canara Bank Sheds 3% Even After Profit Jumps 3-Folds In June Quarter"