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Holding protective rights can’t be construed as ‘control’ of firm: Sebi

The Sebi order on Clearwater Partners and its investment in Kamat Hotel India provides clarity on shareholder agreements during M&A deals in listed firms

3 min read10 Apr 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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