Companies must disclose FDI from neighbours
The Ministry of Corporate Affairs has amended the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022, requiring Indian entities to reveal if investments are made by a company that is incorporated in a country that shares a land border with India
L&L runs Venus through IPO tubes amid big investor response
Gujarat-based Venus Pipes & Tubes was advised by L&L Partners in an IPO that received a huge response from retail investors
Mamaearth owner goes skin deep with Dr Sheth’s
Honasa Consumer (HCPL), the parent company of Mamaearth, has acquired a 63% stake in premium skincare brand Dr Sheth’s for INR280 million (USD3.6 million)
Shaky ground
Spate of real estate defaults tests creditors’ faith in the IBC
Price of protection
India’s data protection plans broadside invested companies