Private Equity Funds toy with Exit via SPACs

Discussions have beginon possible deals in certain key sectors.Surajeet Das Gupta reports. Indian private equity (PE) funds looking for an exit from companies in which they have invested are experimenting with a new strategy — sell or merge with a special purpose acquisition company (SPAC), also known as a blank check company. The reason: It […]

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Dividend rule: MFs vs SEBI

Experts believe the new norms may be an indirect way for Sebi to apply the brakes on dividend option plans in MFs.Ashley Coutinho reports. The mutual fund industry has reached out to tax consultants and registrar and transfer agents to comply with the Securities and Exchange Board of India’s dividend diktat that comes into effect […]

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