BUSINESS
MC Exclusive: PR Sundar, Mangaiyarkarasi Sundar found to have two DINs, in violation of law
The finfluencer said he did not know about the two DINs in his name, and will be surrendering the first one on June 1
BUSINESS
Sebi cautions India Infra Fund II, Global Infra Partners and IDBI Trusteeship Services for AIF Rules violations
The order has asked the fund to submit a revised Trust Deed to Sebi
BUSINESS
How Educomp misled investors with inflated profits
According to a Sebi investigation, it involved hiding its losses in a subsidiary
BUSINESS
Educomp directors fined Rs 1 crore each, banned from market for 3-5 years for misleading investors
According to the Sebi order, ESL’s inflated figures came to light after it declared Edu Smart Services (ESSPL) as its subsidiary
BUSINESS
MC Investigates: Operators use illiquid stock options to push F&O securities on to ban list, manipulate prices
They work in concert to trigger a ban that can then be used to their benefit
BUSINESS
Michael Mauboussin believes this simple, fair-value calculation method deserves a book
A Twitter thread shows how to do a quick check if a stock is cheap or expensive
BUSINESS
Company mistakes Sebi order as ‘informatory mail’; delays material-event disclosure by 2 weeks
Sebi has ordered a forensic audit, concerned about the disclosure of the company's financial information
BUSINESS
PR Sundar settles with Sebi, to keep off trading for a year, cough up over Rs 6 crore
The market regulator had received two references inter alia alleging that PR Sundar was providing advisory services without obtaining the requisite registration from Sebi
BUSINESS
Sebi cracks the whip on AIF-structures helping regulated lenders hide stressed assets
According to the regulator, AIFs preferential distribution or PD structures could also lead to the ever-greening of loans
BUSINESS
How a company’s ‘lackadaisical’, ‘illegal’ manner lost 80 percent of funds raised through preferential issue
A Sebi investigation detailed how the money was used against the stated objective.
BUSINESS
SEBI’s QIB plans: Will religious trusts be included and cost banks heavily?
The wording of the recently released consultation paper suggests religious trusts may fall in this category, which could see them move their substantial deposits with banks into the new asset class
BUSINESS
Against regulations, AIF-I and AIF-II funds may be borrowing largely for investing: Sebi paper
This introduces asset-liability mismatch risk and illiquidity risk into the asset class
BUSINESS
Faced with tech-savvy crooks, Sebi proposes new regulations to probe ‘suspicious trading activity’
The market regulator has released a consultation paper on regulations to stop unexplained suspicious trading activity
BUSINESS
Sebi proposes amendment to price-sensitive information norms to rein in insider trading
Market regulator found listed entities were not reporting UPSI effectively
BUSINESS
Fractional-realty industry welcomes Sebi oversight, but wants a "killer" provision to go
Regulatory oversight will raise investor confidence and participation, platforms say
BUSINESS
Sebi proposes special rights to certain unitholders of REITs and InVITs
Under the current regulations, no unitholder of these trusts can enjoy superior voting rights, but institutional investors are sometimes offered added privileges because of the size of their holding
BUSINESS
Sebi looks to expand QIB definition; universities, urban local bodies may be able to invest in debt market
The market regulator has invited suggestions for a consultation paper to expand the definition of qualified institutional buyer (QIB) in the debt market
BUSINESS
FOPs explained: Why Sebi feels the need to regulate these pooled realty investments
FOPs allow people to pool money and invest in real estate, which may otherwise be too expensive for an individual investor. However, the market regulator has flagged the lack of regulatory scrutiny over these products.
BUSINESS
Midcap Magic: Sona BLW forges electrifying growth in auto ancillary space
The share of the EV business has gone up to 77 percent of the total order book
BUSINESS
CEAT zooms on 5x rise in Q4 profits, surprise gross-margin growth
Analysts believe that raw material price correction helped margins. Gross margin expanded to 40.1 percent in the March quarter, increasing 658 basis points from the year-ago period and 556 bps from the December quarter
BUSINESS
SEBI asks for investor profiles from AIFs as inter-departmental sharing gains ground
Trustees will need to invest significant amount of resources towards this, according to lawyers
BUSINESS
Why is Minda Corp keen on a reluctant Pricol?
Analysts believe Minda is keen on expanding into the instrument-cluster market, which has a huge growth potential in the electrification of mobility. Pricol is the market leader in the product category, particularly in the two-wheeler segment.
BUSINESS
Tube Investments: Why does the market retain faith in it despite ‘puzzling’ healthcare forays?
The Murugappa Group company has been reshaping its business over the past two years through venture capital fund-type investments and turning around distressed companies
BUSINESS
MC Explains: Why are mule accounts dangerous and how Sebi plans to use brokers as gatekeepers
These accounts are set up to “carry’” out or route illegal activities such as front-running and pump-and-dump scams. These accounts are in the name of one person but are used by others such as fund managers or brokers
