SEBI has barred First Overseas Capital Ltd (FOCL) from accepting new mandates as a lead manager for public debt issues due to violations related to merchant banker regulations. FOCL was found to have breached capital adequacy requirements and accepted public deposits to meet underwriting obligations, contravening SEBI's and the Companies Act's guidelines.
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Ashish and Sushil together start a business with investment of Rs. 1700 and Rs. ‘x + 1100’, respectively. If the profit earned after 5 years...
Ram started a business with the capital investing Rs 6000. After 3 months Shyam also joined him, with the capital investing Rs 4000. They make a profit ...