SEBI mulls mandatory confirmation, denial on media reports by top 250 listed firms

SEBI mulls mandatory confirmation, denial on media reports by top 250 listed firms

To streamline disclosure requirements, markets regulator SEBI has proposed mandating the top 250 listed companies to confirm or deny any information reported in the mainstream media, which may have material effect on the listed entity. In addition, SEBI has suggested reducing the timeline to 12 hours from the occurrence of event or information from 24 […]

Continue Reading
SEBI introduces regulatory framework to facilitate online bond platform providers

SEBI introduces regulatory framework to facilitate online bond platform providers

Under the new rule, no person would act as an online bond platform provider without obtaining registration certificate as a stock broker from SEBI Under the new rule, no person would act as an online bond platform provider without obtaining registration certificate as a stock broker from SEBI Capital markets regulator Securities and Exchange Board […]

Continue Reading
SEBI bars Bombay Dyeing, Ness Wadia, others from securities market for up to two years; imposes fines of ₹15.75 crore

SEBI bars Bombay Dyeing, Ness Wadia, others from securities market for up to two years; imposes fines of ₹15.75 crore

Others banned and penalised by the SEBI are — Scal Services Limited, a Wadia Group company, its then directors D. S. Gagrat, N. H. Datanwala Shailesh Karnik, R.  Chandrasekharan and Durgesh Mehta, who was joint managing director and chief financial officer of Bombay Dyeing. Others banned and penalised by the SEBI are — Scal Services […]

Continue Reading
Mutual funds can resume investing in international stocks: SEBI

Mutual funds can resume investing in international stocks: SEBI

In January, SEBI had asked mutual fund houses to stop taking fresh subscriptions in schemes investing in overseas stocks. In January, SEBI had asked mutual fund houses to stop taking fresh subscriptions in schemes investing in overseas stocks. Capital markets regulator Securities and Exchange Board of India (SEBI) has permitted mutual funds to again invest […]

Continue Reading
SEBI bans six persons from securities market in IIFL Group front running case

SEBI bans six persons from securities market in IIFL Group front running case

SEBI noted that these persons were front running the trades of six entities of IIFL Group, including IIFL Asset Management, also called Big ‘Clients’. SEBI noted that these persons were front running the trades of six entities of IIFL Group, including IIFL Asset Management, also called Big ‘Clients’. The Securities and Exchange Board of India […]

Continue Reading
SEBI notifies rules to strengthen regulatory framework for Collective Investment Scheme 

SEBI notifies rules to strengthen regulatory framework for Collective Investment Scheme 

The markets regulator has mandated a minimum of 20 investors and a subscription amount of at least ₹20 crore for each Collective Investment Scheme The markets regulator has mandated a minimum of 20 investors and a subscription amount of at least ₹20 crore for each Collective Investment Scheme To strengthen the regulatory framework for collective […]

Continue Reading