BUSINESS
NSDL gets another extension to list its IPO
Market sources indicate that, issue of valuation can be one of the issues, which led to the delay in listing.
BUSINESS
Finance Ministry backs equity status for REITs, InvITs; Decision likely in SEBI's next board meet
SEBI has also suggested increasing the investment limits for MFs in REITs and InvITs, from 10 percent of the (equity and hybrid) scheme’s net value (NAV), to 20 percent, which could be approved in its next meeting as well.
BUSINESS
Brokers uneasy with ‘Fit and Proper’ norms, raise concerns with Sebi
Despite the notification issued in 2021, there are hardly any instances where Sebi has invoked these amended ‘Fit and Proper’ provisions for disqualification of an intermediary.
BUSINESS
SEBI nod for Jane Street’s trading comeback still awaited
One week after compliance with SEBI’s escrow directive, exchanges await formal go-ahead amid concerns over surveillance of manipulative patterns.
BUSINESS
SEBI to issue draft circular on MF Scheme simplification soon, say sources
The purpose of the simplification is to make the investors understand the product or the scheme they are investing.
BUSINESS
SAT dismisses appeal to restrain the IPO of Smartworks Coworking: ‘Find no good reason’
An NGO had filed a plea in SAT seeking restraining the IPO process, alleging that some disclosures were not made, which company and promoters had denied.
BUSINESS
NSDL Payments Bank eyes 'unique capital markets' positioning post 'scheduled bank' status
NSDL Payments Bank plans to collaborate with broking firms to offer a combination of a bank account, demat account and a trading account all under one roof
INDIA
Smartworks Coworking IPO: SAT outcome on Wednesday
An NGO had filed a plea before the tribunal asking that the IPO process be restrained, arguing some key disclosures had not been made to potential investors, Smartworks Coworking denied the allegations.
BUSINESS
Back in the game: Jane Street deposits Rs 4,843.5 crore as directed by Sebi, can trade again
Sebi had directed impounding of Rs 4843.5 crore in an interim order on July 3 and restrained the Jane Street Group from trading in markets. But if the alleged illegal gain was deposited in a separate account with lien marked in favour of Sebi, Jane Street can resume the trading.
BUSINESS
From spying on wife to fishing for company intel, Sebi battles bizarre RTI requests
Sampling the queries revealed one curious case where a husband used the RTI route to seek details of his wife's financial portfolio, while another RTI asked for guidance on lodging a corruption case a Sebi official.
BUSINESS
Merchant bankers are gearing up for a ‘beauty parade’ in anticipation of NSE’s IPO
Merchant bankers act as a guide to companies to file the IPO papers with Sebi. Acting as a merchant banker for a major issue has reputational advantage, hence most bankers are keen to be associated with the process.
BUSINESS
MSEI Exchange to raise Rs 1000 crore; venture funds, brokers, AIFs to invest
Industry sources indicate that Peak XV Venture Partners Investments VII may invest around Rs 100 crores, while Monarch Networth is likely to invest around Rs 40 crores.
BUSINESS
Criminal prosecution against Jane Street? Sebi Act empowers watchdog to seek fine and imprisonment of up to 10 years
Some market participants are suggesting stringent action against proprietary trading firm Jane Street, including criminal prosecution for the alleged ‘unlawful gains’ it made between January 2023 and March 2025. Legal experts believe the watchdog has such powers under the Sebi Act, though it has not been used much.
BUSINESS
Sebi may take steps to revive trading in agri-commodity derivatives
Frequent ban on the trading of agri-commodities have dampened the mood of exchanges as well as traders. Now, Sebi is trying to understand the concerns and address them.
BUSINESS
Sebi likely to probe if Jane Street violated index position limits in F&O segment
The capital market regulator has alleged that the manipulation by Jane Street Group is violation of Sebi Act and prohibition of fraudulent and unfair trading practices regulations.
BUSINESS
SEBI planning campaign to discourage people who don’t understand F&O: Pandey
The SEBI Chief also emphasised the importance of responsible investing and admitted that more needed to be done vis a vis cyber fraud
BUSINESS
Market manipulation will not be tolerated: SEBI chairman Tuhin Kanta Pandey
SEBI Chairman said that the surveillance are very strong and regulator is keeping a close watch, referring to incidents like Jane Street
BUSINESS
'Better enforcement, not new rules': SEBI sources on regulatory reaction in Jane Street Case
“Better enforcement of existing regulations can in fact pave the way for optimal regulation. On the flip side, more regulations cannot make up for poor enforcement,” said a SEBI source.
BUSINESS
Jane Street probe: Investigations into other expiry days, indices, potential patterns to continue, says SEBI source
Moneycontrol has earlier reported that the interim order issued by the Securities and Exchange Board of India (SEBI) on July 3 is merely a cease-and-desist directive and it is expected to be followed by additional orders
BUSINESS
Jane Street likely to face more SEBI orders in coming days: Sources
As per one source, SEBI is further investigating the trades of Jane Street group in indices like Sensex, Fin Nifty, Bankex, Nifty IT Index, Nifty Midcap Index and other stock options
BUSINESS
Jane Street has over Rs 15,000 cr locked in G-secs as margin, paving way for SEBI’s Rs 4,843-cr impounding: Sources
As per SEBI interim order,Jane Street, made a total profit of Rs 36,502.12 crores across all segments during January 2023 and March 2025.
BUSINESS
How Jane Street allegedly manipulated index closing on expiry days
According to Sebi, Jane Street used to heavily buy Bank Nifty futures as well in the cash segment and sell Bank Nifty options in big numbers -- all in the morning of expiry days. After noon, company's related entities used to aggressively sell large amounts in Bank Nifty futures.
TRENDS
SEBI in talks with Google, Telegram to crack down on unregistered finfluencers: Sources
Sources said there will be unprecedented enforcement action against unregistered finfluencers who are misusing social media platforms. Investor protection through awareness and education is the key focus area for the current regime at SEBI.
COMPANIES-2
IFCI’s buried treasure: The mega stake in NSE could change its fate
IFCI holds 52.86% in Stock Holding Corporation, which in turn owns 4.4% of NSE
