NSE was the first stock exchange in India to establish an electricity exchange, launching Power Exchange India Limited (PXIL) in 2008. | Photo Credit: Reuters The National Stock Exchange of India (NSE) on Wednesday said it has received the approval from markets regulator SEBI to launch monthly electricity futures contracts. The launch aims to provide […]
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The Securities and Exchange Board of India on March 29 approved a framework to prevent fraud by stock brokers. Image for representational purpose only. | Photo Credit: Reuters Capital markets regulator Securities and Exchange Board of India (SEBI) on March 31 extended the compliance requirement to three years for ‘large corporates’ to raise at least 25% […]
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The logo of the Securities and Exchange Board of India (SEBI), at its headquarters in Mumbai. File | Photo Credit: REUTERS Markets regulator SEBI on Wednesday approved a slew of proposals, including ending the practice of individuals holding permanent directorship at boards of listed companies and putting in place a framework to prevent frauds by […]
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The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai. File The Supreme Court on March 29 allowed a plea by the Centre seeking allocation of ₹5,000 crore out of ₹24,000 crore deposited by the Sahara group with market regulator SEBI to repay its […]
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Representative image. | Photo Credit: lakshmiprasad S Mutual fund houses are re-opening their international funds for investment due to the potential loss of long-term capital gains tax benefits if invested after the end of March. Edelweiss has re-opened seven of its international funds for investment. The fund house had suspended fresh investments in these schemes […]
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“Parliament has entrusted SEBI with protecting investor interests, so it must do whatever it takes to meet that mandate and is moving to regulate index providers,” a senior government official told The Hindu. | Photo Credit: SHAILESH ANDRADE The government has squarely put the onus of regulating the practices of market index providers on the […]
Continue ReadingPhoto used for representational purpose only. File | Photo Credit: Special Arrangement Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange […]
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After Paytm’s IPO fiasco, SEBI has turned cautious while giving clearance to the initial share sales as it has returned the preliminary papers of half a dozen companies, including Oravel Stays, which operates hospitality chain OYO, in over two months. These companies have been asked to re-file their draft red herring prospectus (DRHP) with certain […]
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Representational image only. | Photo Credit: The Hindu Capital markets regulator Securities and Exchange Board of India (SEBI) has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership within seven working days. With regard to new FPI registrations, the SEBI can ask them […]
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The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai. | Photo Credit: Reuters Markets regulator SEBI on March 13, said it will auction 66 properties of Saradha Group on April 11, 2023 at a reserve price totalling ₹32 crore to recover money raised […]
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