Regulation of insolvent firms' shares still remains a dilemma
As India's Insolvency and Bankruptcy Code (IBC) evolves at a fast pace, a hard nut to crack for the market regulator has come up with regulations in terms of trading in the shares of companies going through resolution under IBC.
JSPML divests complete stake in JSIS Oman
JSPL on Friday said that its wholly-owned subsidiary Jindal Steel & Power (Mauritius) has sold the balance stake in JSIS Oman to Vulcan Steel.