Wilful defaulters barred from mkt:
Wilful defaulters will no longer be able to tap the securities markets to raise funds and hold board positions at listed companies with Sebi notifying the amended norms. While putting in place a stringent framework to choke the funding sources for wilful defaulters, Sebi has also restrained such entities from setting up market intermediaries like mutual funds and brokerage firms.
Paytm eyes grads hit by Flipkart delay:
Flipkart’s rival Paytm may bail out graduates from Indian Institutes of Management whose joining dates have been deferred by India’s largest e-tailer. The digital payments and commerce platform said it is extending support to these students and is ready to interview them at the Noida-based firm.
CIC seeks Agusta documents:
Acting on an RTI query, the CIC has sought some records related to the scrapping of the AgustaWestland deal by the former UPA government before deciding if the documents can be disclosed to the public or not.
anandabazar patrika epaper 27/05/2016 : http://www.anandabazar.com