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Business

Sebi to extempt PEs from IPO lock-in The Securities and Exchange Board of India (Sebi) is planning to exempt private equity (PE) funds from the one-year lock-in requirement in initial public offerings (IPOs). Under the current norms, the entire pre-IPO shareholding of PE investors ca

Financial stress spreads among Indian compani The list of financially stressed corporate entities grew longer in 2016-17 despite a general improvement in corporate profitability. Nearly 11 per cent of the co