Biz Updates: Demat account should be mandatory for existing shareholders before launching IPO; SEBI proposal
New Delhi| This proposal of Securities and Exchange Board of India (SEBI), if implemented, will help in eliminating the inefficiencies and risks associated with physical share certificates. Physical shares are associated with risks such as theft, counterfeiting and delay in transfer and disposal. The regulator has sought comment on the proposal by May 20.
Airtel will not be able to do home delivery of SIM
Home delivery of Airtel SIM has been banned. The Department of Telecommunications has said that this process cannot be started without set norms. Just a few days ago, Airtel had announced the launch of this service with Blinkit. The Department of Telecommunications recently told telecom service providers that the KYC process will be followed with full sincerity as per the existing instructions.
