The percentage of women in top leadership roles is even lower as they constituted 3.2 per cent of board chairs in India in 2016 while the global average stood at 4 per cent.
SEBI Chairman Ajay Tyagi had lobbied for an exemption from the service tax department and had written to the revenue department as well.
These are the first appointments since the norms were changed to recruit more internal staff for higher positions.
As per guidelines of the Securities and Exchange Board of India (SEBI), government stake in PSUs should be 75 per cent or less by August 2017.
The case relates to some brokers allegedly getting preferential access through co-location facility at the NSE, early login and 'dark fiber' - which can allow a trader a split-second faster access to data feed of an exchange.
Moneycontrol was the first to report that SEBI is in the process of appointing a forensic auditor in the case that relates to giving preferential access to some of the exchange’s clients.
The regulator has sent details of 85 entities it suspects of price manipulation to the Income Tax department. In some of these cases, the I-T department has reverted to SEBI with more evidence.
This is subject to certain conditions, including that Category-III alternative investment funds (AIFs) or hedge funds should not invest more than 10 percent of the investible funds in one underlying commodity.
“This matter came up in the board meeting. Since the markets regulator has a higher age of retirement, there was a view among some members that the tenures at IRDAI should be brought on par with that followed by Sebi,” said a senior IRDAI official.
The company has plans to raise the amount "in one or more tranches up to an amount not exceeding Rs 1,000 crore".
Besides, the board will consider a proposal to relax norms for the purchase of distressed assets. It also plans to ease the rules for direct registration of foreign investors and also fast-track the listing process for firms, including startups, as part of efforts to make the Indian stock market more attractive for domestic and overseas investments.
Investors, who’re largely unaware of the hidden commission cost, presume mutual funds to be free
The entities, which were barred from the securities market, have now been given certain relaxations, including permission to deal in government securities and invest in ETF (exchange-traded funds).
Ganesh Kumar Singhania and Anita Singhania, the promoters of the firm, have been ordered to pay the amount "jointly and severally" for violations during the period from July 2009 to February 2010.
The Securities and Exchange Board of India (Sebi) said that recognised stock exchanges would use imposition of fines in case of non-compliance with certain provisions of Issue of Capital and Disclosure (ICDR) Regulations.
Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India surged 47 percent on year
There are, however, certain riders that the regulator has introduced. SEBI has said options trading will be allowed in agriculture products with an average daily turnover of Rs 200 crore, while for other commodities, the average daily turnover target will be Rs 1,000 crore. Further, commodity exchanges have been asked to launch options contracts on only one commodity initially.
Market regulator Securities and Exchange Board of India (SEBI) has paved the way for options trading on commodity exchanges but with some riders. In an interview to CNBC-TV18, Mrugank M Paranjape, MD & CEO of MCX spoke about the latest happenings.
Putting in place strict eligibility criteria, Sebi said options could be launched on futures contract of only those commodities that are among the top five in terms of total trading turnover value of previous 12 months.
Under the scheme, the fund house proposes to offer three plans of tenure ranging between 24 and 66 months.
Gitanjali Gems' arm Nakshatra World has received capital markets regulator Sebi's go-ahead to float an initial public offering.
A large number of these schemes are aimed at investment in equity and equity-related securities and are open-ended
As per current norms, companies list their shares on the stock exchanges within six days from the date conclusion of the IPO, which means that investors' funds stay locked in for that duration. To bring down the duration, SEBI will consider cutting it to four days.
Distinguishing between a speculative and hedging position of a client would be difficult for ODI issuer as they may be unwilling to disclose their trade positions.
The agency would be providing various categories of outsourced staff like data entry operators, receptionists, supervisors, liftmen, mailing desk assistants, office assistants and helpers for associated works relating to general services for Sebi's office premises in Mumbai.