In your interest.
Online Personal Finance Magazine
No beating about the bush.
The market regulator plans to stipulate a 25% free-float for listed companies. What should you be doing?
Market regulator SEBI (Securities and Exchange Board of India) wants to ensure that at least 25% of the share capital of any listed company is held by non-promoters. This move has been in the offing for long and I hope it gets implemented this time. In MMTC, for example, the government...