Capital market regulator Sebi has proposed to reduce the time limit for listing shares of a company on the stock market from the existing six days to three days after the closure of the IPO. Along with this, opinion has been sought from the people till June 3 on this proposal. The reduction in listing and trading timelines will benefit the issuer as well as the investors.
In its consultation paper, SEBI said, the issuer will get capital faster which will facilitate ease of doing business and investors will get an opportunity for initial credit for their investment.
TRAI will not investigate the old tariff plans of telecom companies
Here, the Telecom Regulatory Authority of India (TRAI) on Saturday denied a media report saying that no investigation is being done on all the old competitive tariff plans of telecom companies. On the issue related to tariff plan verification, the telecom regulator said, on receipt of complaints, action will be taken as per the provisions. A news report claimed that keeping in mind the offers of unlimited 5G data, TRAI has decided to examine all the old competing tariff plans.
(PC: Freepik)
