The Bombay high court imposed a penalty of ₹80 lakh on Sebi and the exchanges for freezing the demat accounts of people erroneously classified as promoters, suggesting there should be a shift from promoter to person in control for accountability.
4 min read6 Sep 2024Speaking at a CII event, Sebi chairperson said, ‘a single filing with the exchange will be a reality very soon’.
1 min read2 Sep 2024Sebi proposes regulated entities maintain records of all mandated communications for at least eight years, seeking responses by 13 September. This aims to improve regulatory compliance and investor protection.
1 min read29 Aug 2024Under Madhabi Puri Buch, India’s market regulator SEBI has initiated a record number of investigations in FY24, driven by a buoyant equity market, increased retail participation, and advanced technology for supervision.
4 min read19 Aug 2024The companies are Jivan Sathi Dream Projects, Mangalam Agro Products, Purusattam Infotech Industries, Sun Plant Business, Ravi Kiran Realty India, Sumangal Industries, and Sunheaven Agro India, as per a notice.
1 min read12 Aug 2024The latest Sebi circular dated August 1, 2024 highlights that university funds and university-related endowments are not required to make the additional disclosures subject to compliance with certain conditions.
1 min read2 Aug 2024SEBI’s proposed F&O measures will remove 12 (of 18) weekly option contracts and impact 35 percent of industry premiums, said Jefferies. This comes after SEBI proposed seven key amendments to the derivatives trading framework, aiming to enhance investor protection and market stability, on Tuesday.
5 min read31 Jul 2024Sebi chief Madhabi Puri Buch said “the tail had grown bigger than the dog”, referring to the exponential rise in derivatives volumes on the sidelines of an event organized by the National Stock Exchange.
5 min read31 Jul 2024The markets regulator has now mandated all merchant banks to submit exchange applications seeking approval for listing on the same day they submit the draft papers for IPO approval.
2 min read30 Jul 2024Sebi’s proposed changes aim to include relatives and other close associates of connected persons to ensure comprehensive regulation, without increasing compliance requirements. Public comments on the consultation paper are invited by August 18.
2 min read29 Jul 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared