listed companies

Sebi asks companies to give reasons, valuations for related party transactions in revised disclosures guidelines

by
Sebi asks companies to give reasons, valuations for related party transactions in revised disclosures guidelines

Market regulator Sebi on Monday issued fresh guidelines on minimum information that listed companies are required to provide to their audit committees and shareholders to get related party transaction (RPT) approval. Under this, companies are required to explain why the transaction is in the interest of the listed entity, provide valuation or external reports if … Read more

My unlisted portfolio has delivered higher returns than listed cos investments: Rakesh Jhunjhunwala

by
My unlisted portfolio has delivered higher returns than listed cos investments: Rakesh Jhunjhunwala

MUMBAI: ‘Big Bull’ Rakesh Jhunjhunwala on Saturday said he has investments in private companies stretching to over a decade, and the returns he has made on his unlisted portfolio are higher than the one on listed firms. Jhunjhunwala, who is reported to be the largest individual investor in the domestic markets, also said the level … Read more