Live
- IND vs BAN: India extend firm grip in first Test; extend overall lead to 308
- Ganesh Visarjan violence 'pre-planned': BJP's fact finding panel
- ‘Pailam Pilaga’ review: Entertainment intertwined with meaningful themes
- Ubtan and Home Remedies vs. Advanced Skincare: Finding the Perfect Balance
- BJP to intensify J&K poll campaign, Amit Shah's rally blitz on Saturday
- Renewable energy share in India’s power generation to reach 35 pc by FY30
- Samantha starts filming for ‘Rakt Brahmand’
- Rashmika captures attention with impeccable style
- ‘Dakshina’ trailer garners overwhelming response
- India’s readymade garment exports reach over $6.4 billion in April-August
SEBI to issue guidelines on corporate bonds
The Securities and Exchanges Board of India (SEBI) will soon issue guidelines on corporate bonds to encourage firms to explore the opportunity for raising funds, detailed rules for which will be released in September this year.
New Delhi : The Securities and Exchanges Board of India (SEBI) will soon issue guidelines on corporate bonds to encourage firms to explore the opportunity for raising funds, detailed rules for which will be released in September this year.
The same was stated by SEBI Chairman Ajay Tyagi, who lauded the government's recent proposal to mandate listed companies to raise 25 percent funds via corporate bonds.
For the unversed, Finance Minister Arun Jaitley while presenting the Union Budget 2018-19 had stated that the market regulator will consider mandating large corporates to meet 25 percent of debt needs from the market.
Tyagi further noted that long-term capital gains tax will have no impact on Indian markets, adding, however, that global factors pose bigger risk.
He also opined that recent volatility of the stock market may continue for some time due to global reasons. However, for small investors, Tyagi claimed that there is no cause of concern, as can invest via Mutual Funds (MFs), although it can't be as risk-free as deposits.
