Sebi relaxes timeline for material-change disclosures by FPIs

Sebi relaxes timeline for material-change disclosures by FPIs

Markets regulator Sebi on Wednesday relaxed timelines for disclosure of material changes by Foreign Portfolio Investors (FPIs). The regulator categorised material changes notified by FPIs into two groups. Type I group includes changes that require FPIs to seek fresh registration, or which affect any privileges or exemptions available to such foreign investors and Type II … Read more

For Tata Motors PV business, vehicle registration data take driver’s seat for planning

For Tata Motors PV business, vehicle registration data take driver’s seat for planning

Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, has made a radical change in its go-to-market strategy by aligning its sales planning and demand forecasting to vehicle registration, becoming the first carmaker in the mass market to do so. Previously, the planning and forecasting were done based on retail numbers — cars … Read more