Sebi proposes mandatory additional disclosures for high-risk FPIs after Adani saga

Indian market regulator Wednesday proposed to seek more disclosures from high-risk Foreign Portfolio Investors (FPIs) with large holdings in a single company or a group firm following criticism about lack of oversight over inflows in conglomerates like Adani Group. The Securities and Exchange Board of India (Sebi) in a consultation paper said the proposals are aimed at preventing possibleRead More →