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Friends, Family, & SEBI

The Morning Brief

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The Latest Sebi Amendments Revealed

The island fiscam uncovered how the company had used its subsidiaries as a condute to extend loans. This prompted seby to include transactions by subsidiaries of listed companies. Also in the definition of arpites, there have been differences between the co promoters of indigo air lines over arpites involving one of them. The issue brought out the need for detailed disclosures and greater scrutiny by board committals.

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