Mauritius last week got the ‘eligible country’ status from India. Investment entities from the island country can register with SEBI as category–1 FPIs with less stringent KYC requirements.
CMDs at India’s top 500 listed companies had time till April 1, 2020, to comply with a SEBI mandate for splitting the role. Now they have got a two-year extension.
The IL&FS resolution plan is one year old. Here's our earlier story on how top managers at the company not only looted the group to enrich themselves, but also hoodwinked auditors, and the board.
