Mumbai: Companies planning initial public offerings (IPOs) may get some leeway in converting their pending warrants and special class shares. The regulator plans to relax the pre-IPO requirement of conversion of all outstanding shares at companies opting to file papers under the proposed confidential filing framework, people with direct knowledge of the matter said. In … Read more
Mumbai: Cosy deals that finance companies cut with private equity (PE) houses to palm off risky builder loans and soften the hit on bottom lines are under the lens of financial market regulators questioning a popular fund structure involving ‘senior-junior’ investors. Over the past two years, some of the large non-banking finance companies (NBFCs) have … Read more
NHS bosses have no extra money for wage increase, as nurses union ballots members over industrial action. Source link
Mumbai: Investors stuck with an underperforming scheme in the flexicap space eyeing an alternative could consider switching to the new fund offer (NFO) of WhiteOak Capital Flexicap Fund, given the credentials of the promoter and the management team. First-time investors, however, should stay with a balanced fund or scheme with a track record and wait … Read more
The IMF, like the CDF, will mean a newly approved medicine could be prescribed immediately, before final recommendations on it are drawn up by the advisory body that weighs the cost versus benefit of drugs used by the NHS – an organisation called NICE (the National Institute for Health and Care Excellence). Source link
The cash aims to help relieve the pressure on carers after the “added stress” of the Covid pandemic. Source link
But the ex-health secretary suggests a separate payment rather than rises in income tax or national insurance. Source link
Will financial markets lead the revival of the real economy from the Covid-19 crisis? A top money manager on Dalal Street spoke of such a possibility this past week, pointing out how the elevated state of the equity market has helped equity and debt raising for Indian corporates wrestling with the disruption caused by the … Read more