Monday, July 2, 2012

Finance ministry, Sebi likely to recast regulations to allow companies to use ‘call & put options’ in M&A

......Ministry officials will soon meet with Sebi and the Reserve Bank of India to work out details of the new rules, including incorporating safeguards to check speculation, a finance ministry official told ET. "The norms need to be revised in line with today's economic realities and changes in the capital market," the official said.........

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