Sebi proposes IPO, re-listed stock pricing revamp; aims to improve price discovery and reduce distortions

Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery and address concerns around artificially suppressed pricing, PTI reported.In a consultation paper, Sebi suggested revising the methodology used for determining the base price of re-listed stocks.Under the proposal, if…

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‘Unbeatable infra’: Mann pitches Mohali as North India’s AI hub | Chandigarh News

Chief Minister Bhagwant Singh Mann holding a meeting with a delegation of the NASSCOM in Chandigarh on Monday. Mohali: Punjab CM Bhagwant Mann on Monday pitched Mohali as a leading technology hub in North India, saying the state was focusing on artificial intelligence, digital innovation and global capability centres to attract investment and create jobs.Mann…

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