“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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SEBI to investigate allegations against Adani group | File photo | Photo Credit: Reuters Regulator Securities and Exchange Board of India (SEBI) is investigating market allegations against Adani group, whose 9 listed companies saw a 60 per cent decline in their market capitalisation between January 24 and March 1, Parliament was informed on Monday. Minister […]
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Representational image only. | Photo Credit: Capital markets regulator Securities and Exchange Board of India (SEBI) on March 9 extended the timeline till March 15, for submission of public comments on a proposal pertaining to higher responsibility for sponsors of investment vehicles — REITs and InvITs. The regulator had put in place a consultation paper […]
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SEBI noted that Arshad Warsi has made a profit of ₹29.43 lakh and his wife has earned a profit of ₹37.56 lakh. File SEBI on March 2 barred 31 entities, including actor Arshad Warsi, his wife Maria Goretti and promoters of Sadhna Broadcast from the securities market in a case related to uploading misleading videos […]
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There is an urgent need to increase the level of self-governance, as the cost of compliance and non-compliance has gone up substantially as people prefer to fight it out than reach a settlement, a senior SEBI official said on Wednesday. “The cost of compliance has increased substantially of late and so is the cost and […]
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A view of people on a road after an earthquake in Antakya in Hatay province, Turkey, February 20, 2023. | Photo Credit: REUTERS New 6.4 magnitude earthquake hits Turkey’s Hatay province A 6.4-magnitude earthquake was recorded on February 20, 2023, in Turkey’s southern province of Hatay, the hardest hit by a February 6 tremor which […]
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