MUMBAI: Markets regulator Sebi on Wednesday tightened rules for small and medium enterprises (SMEs) aiming to tap the public market through listing. It also tightened rules for merchant bankers, specified a time period for mutual fund managers to deploy funds raised through new fund offers (NFOs), and expanded the list of events which will be…
New Delhi: BlueStone Jewellery and Lifestyle, which offers contemporary lifestyle diamond, gold, platinum, and studded jewellery under its flagship brand “BlueStone” has filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of shares worth Rs 1,000 crore and…
MUMBAI: Markets regulator Sebi is having a preliminary look at whether the Adani Group had violated disclosure norms while its chairman and some top officials dealt with a US DoJ grand jury subpoena and investigations by the FBI for wire frauds, violations of securities and other laws in the country for over a year. Sebi…
MUMBAI: Markets regulator Sebi on Monday issued a warning to investors — its third this year — about unauthorised entities trying to engage investors through platforms and apps that could lead to losses. The proliferation of financial frauds is prompting Sebi to issue frequent advisories and warnings to investors.The advisory said that some apps/web applications/…
NEW DELHI: Congress President Mallikarjun Kharge took direct aim at Prime Minister Narendra Modi on Tuesday, accusing him of shielding Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch amid a growing wave of allegations.Kharge’s accused PM Modi of failing to address purported malpractices within Sebi under Buch’s leadership.“@narendramodi ji, You cannot shield…
NEW DELHI: Sebi chairperson Madhabi Puri Buch on Thursday cited “personal exigencies” to skip Parliament’s Public Accounts Committee (PAC) meeting, which soon led to a fight between the panel’s head K C Venugopal and NDA members who accused him of taking unilateral decisions and proceeded to lodge a protest with Lok Sabha Speaker Om Birla.The…
NEW DELHI: After much suspense, Sebi chairperson Madhabi Buch is scheduled to appear before the Public Accounts Committee of Parliament on Thursday, a meeting that on agenda is slated to be a performance review of the top regulator, but which may result in fireworks over its functioning as well as about the recent allegations of…
MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials…
MUMBAI: In a move that will make stocks among the most liquid investments, markets regulator Sebi has proposed expanding the scope of T+0 settlement cycle to 500 shares, from 25, in a phased manner, allowing investors to get their money on the day they execute the transaction.The board of the regulatory agency, which met for…
MUMBAI: Markets regulator Sebi is expected to take steps to rein in the retail frenzy in F&O trading in a board meeting on Sept 30. These decisions could include tightening of rules for the speculative futures & options segment of the market and stricter margining system, sources said.The Sebi board is also expected to give…
