Source: Reuters (via feed)
India has proposed amendments to its companies law. The changes would allow some firms to undertake two share buybacks in a year. Previously, companies could conduct only one buyback annually.
The amendments also include simplified procedures for fast-track mergers and acquisitions. These proposals aim to adjust current corporate regulations.
BizTrendWire Insight:
India’s proposal involves changes to share buyback frequency and merger procedures under companies law.
India’s proposal involves changes to share buyback frequency and merger procedures under companies law.