Banks lobby for India QIP clarification

Author: | Published: 12 Jan 2011

Normal 0 0 1 298 1702 14 3 2090 11.1025 0 0 0 Investment banks are petitioning India’s securities regulators and stock exchanges to allow Qualified Institutions Placements (QIPs) by companies with less than 25% in listed securities. Amarchand & Mangaldas & Suresh A Shroff & Co partner, Yash Ashar, said discussions between banks, issuers, the Securities and Exchange Board of India (Sebi) and the stock exchanges...