Sebi to enhance disclosure requirements for certain class of FPIs

morepen laboratories slips as sebi restricts it from dealing in securities

Mumbai : To ensure greater transparency, markets regulator Sebi on Wednesday decided to mandate enhanced disclosures from certain class of Foreign Portfolio Investors (FPIs), including furnishing granular level details about ownership and economic interests. The new norms will be applicable for FPIs that concentrate holdings in a single corporate group. The move is aimed at … Read more

Presumed human remains and shattered Titanic submersible returned to shore

OTTAWA : Presumed human remains and debris from the tourist submersible crushed to pieces in an undersea implosion that killed all five people aboard were recovered from the ocean bottom and brought ashore to Canada on Wednesday, the U.S. Coast Guard said. The possible remains and shattered bits of the submersible Titan, destroyed while diving … Read more

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