The Securities and Exchange Board of India (SEBI) has handed down a heavy blow to Axis Capital Limited, banning the firm from offering merchant banking services in the debt market. This unprecedented move comes as SEBI investigates the company’s questionable involvement in a transaction involving Non-Convertible Debentures (NCDs) issued by Sojo Infotel Pvt. Ltd. The […]
Stock exchanges in India play a critical role in the country’s financial infrastructure by facilitating the trading of securities, raising capital for companies, and providing investment opportunities for individuals and institutions. The Bombay Stock Exchange (BSE), established in 1875, is the oldest stock exchange in Asia and remains a significant player in the Indian financial […]
