Legal & Regulatory
Clearance for SoftBank-Sprint Deal Confirmed by Justice
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
Strict IPO Rules Released After Xiao Tackles Fraud
China's Securities Regulatory Commission became stricter as its new Chairman, Xiao Gang aims to tackle fraud crack down to protect investors.
Chinese Regulatory Authorities Unveil New IPO Rules
China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.
FDI Policy Restricts Sale for Existing Indian Retailers
Walmart and Tesco are restricted to acquire existing Indian retailers because of the new policy set by the Indian government stating foreign companies should start from scratch.