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IPOs: Start-up founders get relief on Esops

The New Indian Express Coimbatore

|

June 19, 2025

Sebi has created special category for foreign funds to invest in govt securities, aligns KYC norms with that of RBI's

- BENN KOCHUVEEDAN @ Mumbai

In a move that will offer a major relief to the start-ups founders planning public listing, capital market regulator Sebi has allowed them to hold on to their employees' stock ownership plan (Esops) provided they were issued one year before the public issue filing.

The regulator has also created a special category for foreign funds to invest in government securities called GS-FPIs and aligned their KYC norms with that of the RBI. Announcing these decisions after a board meeting here this evening, which cleared as many as 19 proposals/amendments to the existing Sebi norms on Wednesday, Sebi chairman Tuhin Kanta Pandey said all the 19 decisions have been taken after detailed consultation with the industry and will go a long way to further relax ease of doing business.

FLERE HISTORIER FRA The New Indian Express Coimbatore

The New Indian Express Coimbatore

Sharif’s absurd theatrics at UN glorify terror, says India

IN a sharp rebuttal at the United Nations General Assembly (UNGA), India strongly rejected Pakistan Prime Minister Shehbaz Sharif’s remarks on the April 22 Pahalgam terror attack and subsequent the Indian military response, Operation Sindoor, calling them “absurd theatrics” and accusing Islamabad of glorifying terrorism on a global platform.

time to read

1 mins

September 28, 2025

The New Indian Express Coimbatore

The New Indian Express Coimbatore

Assam's heart still misses a beat called Zubeen

WHENEVER Zubeen Garg's name is uttered, Susmita still sheds tears. Arup Barua has not watched him perform but every 5-10 minutes he can hear his voice inside him.

time to read

1 min

September 28, 2025

The New Indian Express Coimbatore

Wangchuk probed on Pak links, funding

CLIMATE activist and Magsaysay awardee Sonam Wangchuk, who was arrested on Friday in connection with the Leh violence, is being investigated for alleged links to Pakistan and violation of foreign funding rules, Ladakh Director General of Police S D Singh Jamwal said.

time to read

1 min

September 28, 2025

The New Indian Express Coimbatore

CM: 47K acres of barren land back to farming

CHIEF Minister M K Stalin on Saturday said that Tamil Nadu has been steadily moving towards the top rank in the agricultural sector, coming first in crop productivity, second in production of maize, oilseeds and sugarcane, and third in millets and groundnuts.

time to read

1 min

September 28, 2025

The New Indian Express Coimbatore

WILL OFFSET TARIFF IMPACT India eyes international certification for seafood

IN order to countervail the impact of unilateral tariffs imposed by the US, India is planning to seek global certification for its seafood.

time to read

1 min

September 28, 2025

The New Indian Express Coimbatore

PRICE WAR VROOMS

MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALING ₹2.56 LAKH

time to read

1 mins

September 20, 2025

The New Indian Express Coimbatore

Don't harass NGO in FCRA case: SC bins centre's plea

THE Supreme Court on Friday rejected the union government’s appeal against a Madras High Court order directing it to process and grant renewal of registration to a non-government organisation (NGO) which was receiving foreign contributions.

time to read

1 min

September 20, 2025

The New Indian Express Coimbatore

Singer Zubeen Garg dies in Singapore following scuba diving accident

ZUBEEN Garg, the 52-year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.

time to read

1 min

September 20, 2025

The New Indian Express Coimbatore

Corp tax mop-up rises, individual collections drop

Higher income tax exemption limit brings down personal advance tax collections

time to read

1 mins

September 20, 2025

The New Indian Express Coimbatore

SANITARY STAFF Court allows probe panel to inquire into police excess

THE Madras High Court on Friday refused to extend the interim stay on the order constituting a one-man commission headed by a retired judge to probe into the alleged police excess during the arrest of sanitary workers, who were protesting against the privatisation of solid waste management in two zones of Greater Chennai Corporation, on August 13.

time to read

1 min

September 20, 2025

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