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Biz Briefs.
Sebi move MUMBAI, 29 JUNE: Market regulator Sebi today relaxed the reporting requirement for lending of securities by FIIs for the purpose of short-selling. FIIs now have to disclose the information on a weekly basis instead of daily. However, foreign institutional investors (FIIs) issuing participatory notes (PNs) will have to immediately report their short position. PTI Spice rejig NEW DELHI, 29 JUNE: Spice Group today consolidated its telecom business by merging its mobile retail business Spice Televentures with the handset division Spice Mobiles. …
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