BUSINESS
Sebi, stock exchanges discussing revamp of rules for market makers of SME IPOs
Sources said Sebi, stock exchanges, and other market participants are deliberating on whether there should be a networth criteria for market makers on the SME platforms, which is currently not there.
BUSINESS
Leading stock exchanges NSE and BSE in a ‘rack race’ to ramp up co-location capacities as demand soars
NSE has a co-location capacity of around 1,300 full racks, and the exchange intends to add 300 additional racks by the end of June. Over the next two years, NSE plans to add 2,000 more racks in a phased manner.
BUSINESS
Rs 35,000 crore structured products at risk if SEBI says ‘No’
Structured product issuers have sought relief from the regulator ahead of new position limit rules for F&O. Their argument is such products are used for genuine hedging purposes and have a wide market base. Structured product issuers also met with SEBI and exchange officials to express their concern. They are hopeful that SEBI and exchanges will find a way out, so that abrupt unwinding can be avoided.
BUSINESS
MC Exclusive: Block deals may get a makeover — SEBI mulls wider price bands, new windows
A working group has been tasked to examine key aspects and gather feedback from mutual funds, brokers, investment bankers, and other market participants.
BUSINESS
NSE IPO: SEBI, Exchange in advanced talks to settle co-location case ahead of long-pending IPO
The settlement amount demanded by Sebi could be double of what the exchange paid for the TAP case
BUSINESS
Amid Insider Trading allegations, IndusInd Bank seeks asset details of senior officials, say sources
BUSINESS
NSEL case: Sebi settlement scheme likely soon for commodity brokers
Sebi may consider to take this specific settlement scheme to the board meeting, scheduled in June, for approval
BUSINESS
Sebi’s high-level committee for framing code on conflict of interest meets for the first time
The committee sought views from legal experts, market infrastructure institutions, independent experts and other stakeholders on May 16.
BUSINESS
Brokers get clarity on investments in group businesses as Centre amends securities contract rules
The Finance ministry in a press release said the amendment is expected to provide regulatory clarity to enhance ease of doing business for brokers.
BUSINESS
Can merchant bankers be allowed to control SME IPO funds? SEBI's recent orders expose risk in the system
In tightening the SME IPO-related rules, exchanges and SEBI find themselves in tight spot as they have to keep in mind that steps taken do not lead to obstacles for genuine fund raising
BUSINESS
Gensol Engineering’s CFO Jabirmahendi Aga steps down, cites regulatory investigations
Gensol confirmed Aga’s resignation in a regulatory filing to the BSE and NSE on May 17.
BUSINESS
More time to ODI subscribers for granular disclosure
ODIs in common parlance are also called participatory notes or P-Notes
BUSINESS
Exam for accredited investors? SEBI working group suggests experience and knowledge test in addition to net worth
According to industry sources, the working group emphasised experience and skill set, and suggested a qualitative assessment in the form of an accredited investor examination.
BUSINESS
Sebi investigating IndusInd Bank officials for alleged insider trading in client companies
Some of the IndusInd Bank officials were getting updates on demerger, credit approval, stake sale, acquisition, big investments in client companies, and had placed trades on the basis of this information before the news became public.
BUSINESS
71% of IPO fund as merchant banking and issue related expense! SEBI action against SME merchant banker and company
SEBI, while carrying out a routine inspection of merchant banker Invenure, found something unusual. SEBI's inquiry revealed that VCL had raised Rs 20.10 Cr from the IPO in April 2024.
BUSINESS
Forgery allegation rocks REIT deal: SEBI officer’s email faked by Strata SM REIT?
In the Madras High Court, the promoter of Strata SM REIT has denied wrongdoing, alleging arm twisting by the builder with whom it had the dispute.
BUSINESS
IndusInd Bank's former top bosses may face board penalty for insider trading: Sources
If the bank’s board imposes a penalty for violation of its insider trading policy, then the market regulator SEBI may also proceed against the two bankers.
BUSINESS
BofA likely to face adjudication proceeding over insider trading charges
Two investment bankers of BofA who were under investigation and quit after an internal enquiry by the bank will also face adjudication proceedings.
BUSINESS
‘Surveillance will be very strong’ say SEBI sources on hike in Index Options Position Limit
Apart from enhancing index options position limits using Future Equivalent (FutEq) Open Interest, SEBI is also planning to introduce a flexible framework for index futures position limits.
BUSINESS
Big relief on Index Options position limit likely, key SEBI panel approves F&O 2.0 regulations
Regulator is likely to come up with a much higher threshold for Index Options net and gross limit as compared to the earlier proposal
BUSINESS
SAT rules activities of BSE subsidiary cannot be attributed to BSE as a violation
SAT noted that the 2012 and 2018 SECC regulations do not suggest that the activities of any subsidiary can be attributed as a violation committed by its principal, in this case, BSE.
BUSINESS
NSE gets in principal approval for electricity futures from SEBI
The NSE management also detailed the prospects of the product, saying that power derivatives are amongst the largest markets in the world.
BUSINESS
No relief to Gensol Engineering in SAT against SEBI order
Gensol Engineering argued that SEBI order is coming in the way of selling its subsidiaries and paying the financial institutions
BUSINESS
Gensol Engineering challenges SEBI ban in SAT, hearing today
As per sources, the appeal has been filed on behalf of company praying for removal of restrictions by SEBI
