Tag: Credit Rating Agencies
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Indian Billionaire Adani Down Again, But Not Out
By Bhuvan BAGGA November 22, 2024
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Axis Capital Reports Shares of Illiquid Unlisted Firm as ‘Held for Trading’
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on September 19, 2024 passed an interim order on Axis Capital (a...
SEBI bars Axis Capital as banker for new debt issues
The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.
Explained: What prompted SEBI to flag Axis Capital’s underwriting activity & guarantee
SEBI's action followed the release of a report written by eminent research analyst Hemindra Kishen Hazari.
