Capital markets regulator Sebi on Friday proposed changes to the informal guidance scheme to expand the list of applicants that can seek guidance under the plan and enhance the fee for making an application. In its consultation paper, Sebi has proposed that stock exchanges, clearing corporations, depositories and managers of a pooled investment vehicle registered … Read more
Checked bags are big business for airlines. In 2022 airlines made nearly $30 billion just off checked bag fees alone. Apparently those billions in fees aren’t enough for some airlines, as JetBlue announced that it’s introducing surge pricing for checked bags, and it’s all because the company says it has to pay more for wages … Read more
Mumbai: A sizable early consent fee has attracted more bondholders to vote for the restructuring of Vedanta Resources Ltd (VRL) debt. The London-based holding company, which owns metals and resources businesses in India, is offering a 2% fee if consent is provided by January 2, and a 0.25% fee for late consent after this date. … Read more
