SEBI extends deadline till March 15 to submit public comments on proposal on REITs, InvITs sponsors

SEBI extends deadline till March 15 to submit public comments on proposal on REITs, InvITs sponsors

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 extends deadline till March 15 to submit public comments on proposal on REITs, InvITs sponsors

SEBI bans Sadhna Broadcast’s promoters, actor Arshad Warsi, others from securities market

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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Urgent need to increase level of self-governance: SEBI official

Urgent need to increase level of self-governance: SEBI official

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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Morning Digest | New 6.4 magnitude earthquake hits Turkey’s Hatay province;  EPFO issues guidelines to opt for higher pension, and more 

Morning Digest | New 6.4 magnitude earthquake hits Turkey’s Hatay province; EPFO issues guidelines to opt for higher pension, and more 

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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Explained | How is the stock market regulated in India?

Explained | How is the stock market regulated in India?

The securities market in India is regulated by four key laws — The Companies Act, 2013, the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Securities Contracts (Regulation) Act, 1956 (SCRA) and the Depositories Act, 1996. File | Photo Credit: Reuters The story so far: On February 10, the Supreme Court asked […]

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SEBI orders attachment of bank, demat accounts of Sahara group firm, Subrata Roy, others

SEBI orders attachment of bank, demat accounts of Sahara group firm, Subrata Roy, others

SEBI on December 26 ordered the attachment of bank and demat accounts of Sahara Group firm, its chief Subrata Roy and others to recover ₹6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs). The recovery proceedings against five entities—Sahara India Real Estate Corporation (now known as Sahara Commodity Services […]

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SEBI board approves gradual phasing out of buy-backs through stock exchanges route

SEBI board approves gradual phasing out of buy-backs through stock exchanges route

SEBI has also permitted upward revision of the buy-back price until one working day prior to the record date. File | Photo Credit: The Hindu The board of market regulator Securities and Exchange Board India (SEBI) on Tuesday approved the gradual phasing out of share buyback by companies through the stock exchanges route. The board […]

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SEBI permits brokers to extend margin trading facility to equity ETFs

SEBI permits brokers to extend margin trading facility to equity ETFs

Photo for representation. | Photo Credit: Reuters Capital markets regulator Securities and Exchange Board of India (SEBI) has allowed brokers to extend the margin trading facility (MTF) to equity exchange traded funds (ETFs) and such funds can be used as collateral as well. Currently, only select stocks that come under Group 1 securities are offered […]

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SEBI limits active debt funds’ single-company exposure

SEBI limits active debt funds’ single-company exposure

The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai. File | Photo Credit: Reuters India’s capital market regulator has placed caps on the share of assets an actively-managed fund can park in a single company’s debt instruments, though the limit varies based on […]

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Explained | SEBI’s measures to tackle incorrect information in the market

Explained | SEBI’s measures to tackle incorrect information in the market

The story so far: Markets regulator Securities and Exchange Board of India (SEBI) on November 12 floated a consultation paper proposing measures to effectively tackle market rumours and reviewing disclosure requirements for material events and information under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The paper puts forth certain enhanced quantitative thresholds for […]

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