J P Devadhar named SAT presiding officer

Justice J P Devadhar, who retired from the Bombay High Court on April 8, has become the new presiding officer of the Securities Appellate Tribunal (SAT). The appointment comes nearly 20 months after Justice N K Sodhi retired as the tribunal?s presiding officer. Devadhar was appointed an additional judge of the Bombay High Court in October 2001, after practising as an advocate for nearly 25 years.

Inox Wind files DRHP, to raise R700 crore via IPO

Power solutions provider Inox Wind has filed a draft prospectus with capital market regulator Sebi to raise R700 crore through a share-sale. The issue comprises a fresh offering of equity shares aggregating up to R700 crore and an offer for sale of up to

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