The
observations on the draft offer document
may be issued by the board within 30
days from the date of receipt of satisfactory
reply from the lead merchant bankers. continue
reading...
The
order has specified that if air channel
is converted to pay channel after the
first day of January 2015, then the
ceiling shall not apply. continue
reading...
The regulator clarified that gross revenue
shall comprise revenue accruing to the
licenced entity by way of all operations/activities
and inclusive of all other revenue/
income on account of interest, dividend,
rent, profit on sale of fixed assets,
miscellaneous income etc. without any
set-off for related items of expense. continue
reading...
