NATIONAL INSTITUTE OF VALUERS

Sebi mandates that at least one key personnel on the investment team of an AIF manager must have NISM certification. The regulation aims to signal legitimacy, promote lifelong learning, and create a talent pool in the investment industry.

The private lender's scheme of arrangement to delist ICICI Securities received approval from the subsidiary's public shareholders in a voting process last month.

ET had reported on September 7 that the government's request for proposal (RFP) to appoint an asset valuer for IDBI Bank had made it mandatory for valuers to be registered with the Insolvency and Bankruptcy Board of India (IBBI). It had also set a t...

Last month, Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mittal had pitched for a globally-accepted, "well-structured and comprehensive standards framework" for the valuation of stressed firms under the IBC.

Embassy Group is planning to restructure debt and focus on residential and commercial businesses following the merger with Indiabulls Real Estate amid concerns raised about valuation and land litigation that halted the merger. The NCLT withheld the ...

Embassy Property Development, a leading real estate firm, intends to slash its debt of ₹8,800 crore by more than a third in the upcoming two quarters by divesting specific assets, including its office park in Chennai spanning 5 million square feet, ...

This Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous and inclusive India, in which the fruits of development reach all regions and citizens, especially our youth, w...

Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in the private sector lender Yes Bank.

As the rules stand now, all securities are held by the clients at depositories and unused funds are sent back into customer accounts periodically. This places Indian regulation ahead of several jurisdictions where brokers have free access to client ...

In the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon the integrity and competence of the CoC. But are CoCs are up to the job? There have been, in the recent past, cases tha...

The transaction, which has come under the lens of Sebi and Reserve Bank of India (RBI) following concerns raised in certain quarters, including by a proxy advisory firm, would eventually see private equity major Carlyle group taking control of PNB H...

Violation of AoA, alleges advisor SES; company & FinMin officials say no regulatory breach

Growth is the magic elixir that alone can ward off a fresh banking crisis, further collapse in employment and greater distress. And growth calls for investment — triggering it should be the focus of Budget 2021.

The Bill is in circulation to get suggestions and opinions from the stakeholders and general public after which it would be placed before both Houses of Parliament, IOV president P K Thiagarajan told reporters here.

The valuation profession deals with valuation of various assets such as the plant and machinery or the land and buildings of a company among others. Currently the Companies (Registered Valuers and Valuation) Rules, 2017, regulates valuation procedur...

The Companies Act, 2013 provides a comprehensive framework for development and regulation of the profession of valuers.

The remarks of Corporate Affairs Secretary come at a time when the role of auditors has come under the scanner for alleged violations, including in the IL&FS case.

Jaitley here puts in perspective and clear doubts about a complex banking and accounting issue.

Govt has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart out the future course of action.