Several Steps Proposed to Deepen the Reforms in Capital Market.

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..... Several Steps Proposed to Deepen the Reforms in Capital Market.
News and Press Release
Dated:- 16-3-2012

Press Information Bureau Government of India Ministry of Finance 16-March-2012 .....

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..... 14:07 IST Several Steps Proposed to Deepen the Reforms in Capital Market The Union Finance Minister ShriPranab Mukherjee while presenting the General Budget 2012-13 in the LokSabha today has propos .....

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..... ed a series of steps in deepening the reforms in Capital Market. These include: • Allowing Qualified Foreign Investors (QFIs) access to Indian Corporate Bond market. • Simplification of pr .....

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..... ocess of issuing Initial Public Offers (IPOs) and loweringof cost. • Mandatory for companies to issue IPOs of Rs 10 crore and above in electronic form. • Allowing Electronic Voting facilit .....

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..... y to provide opportunities for wider shareholder participation. • Two-way fungibilityin Indian Depository Receipts (IDRs) permitted subject to a ceiling. *** DSM/RC/SKS/5
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..... ase - PIB .....

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