In your interest.
Online Personal Finance Magazine
No beating about the bush.
On 28th April, Business Standard reported that the finance ministry proposes to scrap Reverse Book Building (RBB), which allows investors to decide the exit price at which companies can delist. The report said that the finance ministry has decided on a formula-based exit price. Yet, the finance ministry is currently seeking public opinion on whether to scrap RBB and introduce a fixed exit...