If they are not allowed to bid, the field of potential purchasers has dangerously narrowed.Thus the SEBI's moves do at least show how serious the government is about cleaning up the murky state of Indian stockmarkets.
If Ice Edge does not submit a bid, the field of buyers would narrow to the Canadian billionaire James L. Balsillie, who has offered to buy the franchise for $212.5 million, contingent on moving it to Ontario, and the N.H.L., which had bid $140 million.
"By opening bids on fields in Kirkuk, Prime Minister Maliki is clearly poking the Kurds in the eye by asserting Iraqi sovereignty over oil in territories whose status is constitutionally in dispute," said Joost Hiltermann, an Iraq expert at the International Crisis Group.
"Private equity funds, swelled by debt, were buying companies in sporting goods and every other field, bidding up prices for no good reason".
Former Massachusetts governor Mitt Romney is the front-runner in the field bidding to challenge Mr Obama.
Bids for the field, about 260 miles northeast of Karachi, may be submitted in the next week or so, bankers say.
Harvard, which has not appeared in the N.C.A.A. tournament since 1946, could still receive an at-large bid when the field is announced Sunday night.
In February, McAfee said hackers operating from China stole information from oil companies in the US, Taiwan, Greece and Kazakhstan about operations, financing and bidding for oil fields.
At a public meeting on Monday evening it was agreed the community would put in a bid for Gastons Field.
