Sebi planning to tighten depository receipt regulations

DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company. he Securities and Exchange Board of India (Sebi) is planning to......

As Sebi rule kicks in, India Inc old brigade marches out

Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent ‘for’ votes.......

Few companies may switch to new accounting norms

Companies that are listed or are in the process of being listed, and have a net worth of at least Rs 500 crore, must adopt these standards from April 1, 2016 Experts said not many companies were......

Audit cos to go digital for clearing lockdown hurdle

There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and......