Govt announces steps to resolve shipping related woes of traders, ET LegalWorld
The government on Thursday announced steps, including reducing certain charges at ports and purchase of five additional second-hand container vessels by SCI, to resolve shipping sector-related problems of exporters and importers. These measures were announced after a meeting of all the concerned stakeholders of the international trade segment, including senior officials of ministries like commerce […]
NSE announces November 2 as record date for 4:1 bonus issue, Legal News, ET LegalWorld
The board of the National Stock Exchange (NSE) announced on Tuesday that it has set November 2 as the record date for its 4:1 bonus share issue, which was announced earlier in May. This means that the company will issue 4 bonus shares for each share currently held by its shareholders. “The Bonus Equity Shares […]
Sebi announces centralised fee-collection platform for IAs, RAs, to be operational from October 1, ET LegalWorld
Capital market regulator Securities and Exchange Board of India (Sebi) has announced the launch of a central mechanism for fee collection by Investment Advisers (IAs) and Research Analysts (RAs). Investors will now be able to pay fees to IAs/RAs through a designated platform/portal called ‘Centralised Fee Collection Mechanism’ or CeFCoM. The designated platform will be […]