CAMS brings you a weekly glimpse at the key happenings in the BFSI sector, in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector.
Centre approves divesting of stake in PSU with market capitalization worth Rs.14,274 crore. A minimum of 15% divestment is required for the company to be listed in public, in compliance with SEBI regulations.
Large companies announce buybacks
Share repurchases reaches all-time high, with several large organizations pronouncing buybacks, including three state-owned companies. Indian companies are beginning to consider buybacks as a way of returning cash to shareholders.
Foreign Investment in Indian Roadways from China
Brexit impact on Eastern Europe
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