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Sebi notifies debt conversion norm for banks in distressed firms

Last Updated: Wednesday, May 6, 2015, 13:27

To help lenders deal with defaulting borrowers, Sebi has notified new norms for banks to convert their debt into equity in distressed companies - a move that may lead to a sharp rise in restructuring of bank loans.

Debt conversion into equity unlikely to help lenders: Report

Last Updated: Thursday, March 26, 2015, 19:58

Relaxations given to banks by Sebi for conversion of debt in distressed companies into equity is unlikely to help lenders to solve bad loans problem, India Ratings said Thursday.

StanChart sets date for conversion of IDRs

Last Updated: Tuesday, February 24, 2015, 22:27

UK-based Standard Chartered today said it will open a window for conversion of Indian Depository Receipts into shares or shares into (IDR) from March 24.

RBI allows WLA operators to accept international cards

Last Updated: Friday, December 5, 2014, 22:56

Apart from this, the RBI also allowed the WLA operators to tie-up with any commercial bank for cash supply at ATMs.

New technique could help stacked solar cells handle energy of 70,000 Suns

Last Updated: Saturday, September 7, 2013, 16:18

Researchers have developed a new technique for improvement of the connections between stacked solar cells.

Malaysia withdraws bill allowing unilateral conversion

Last Updated: Monday, July 8, 2013, 15:37

Malaysia on Monday withdrew a controversial bill that allows one parent to give consent for the conversion of a child.

Malaysia withdraw bill allowing unilateral conversion of child

Last Updated: Saturday, July 6, 2013, 14:30

Malaysia has withdrawn a controversial bill which allows one parent to give consent for the religious conversion of a child following an outcry that it discriminated against non-Muslim minorities in the country.

Bill for religion change must not be rushed: Malaysian HM

Last Updated: Saturday, July 6, 2013, 00:10

The proposed controversial child conversion legislation must not be rushed and should be given time for in-depth debate, Malaysia`s Home Minister Ahmad Zahid Hamidi has said.

BJP will bring anti-conversion law if it comes to power: Naidu

Last Updated: Monday, April 8, 2013, 23:10

Former Bharatiya Janata Party (BJP) President M Venkaiah Naidu on Monday said his party would bring an anti-conversion law if it comes to power at the Centre.

Hindus protest as woman converted to Islam in Pakistan

Last Updated: Saturday, March 30, 2013, 12:53

Members of Pakistan`s minority Hindu community staged a protest in southern Sindh province after a Hindu woman converted to Islam and married a Muslim man, according to a media report on Saturday.

‘Stringent provisions in place on land conversion’

Last Updated: Tuesday, March 19, 2013, 19:35

Stringent provisions are already in place under various laws regarding conversion of agricultural land for non-agriculture purposes in J&K.

Sebi issues guidelines for IDR conversion

Last Updated: Friday, March 1, 2013, 22:41

IDRs are generally instruments denominated in rupees and allow overseas companies to raise funds from the Indian market.