SEBI is set to start T+0 trade settlement on an optional basis on March 28. MC explains T+0 settlement, and the pros and cons of the new system.
The market regulator is considering allowing industry players to set the standards to follow to meet compliance requirements
Regulator has found the firm in violation of all seven allegations made and cancelled the registration
At the beginning of June, as many as 3,141 complaints were pending, and 3,967 fresh complaints were received, according to the data released by the market regulator.
The Karvy demat scam, which first came to light in the second half of 2019, was orchestrated by the brokerage house by pledging securities lying in the demat account of unsuspecting customers.
Oyo, which refiled its draft red herring prospectus (DRHP) with the SEBI under the recently introduced pre-filing route in March 2023, was sitting on a cash reserve of around Rs 2,700 crore, according to the presentation.
Md Nasir, with a following of over 4 lakh across various platforms, even advertises his WhatsApp channel where he offers trading calls
If the stand-off continues, European banks operating in India would be forced to halt transactions in the domestic markets
Presently, Sebi's powers are equivalent to that of a civil court. It passes penalty orders against entities that commit market offences.
The Securities and Exchange Board of India (SEBI) put Canadian billionaire Prem Watsa-backed Digit Insurance IPO’s in "abeyance" earlier this month, saying certain observations had been issued, but did not elaborate.
Impending US Fed tightening to douse inflation, the possibility of easy money going out of circulation and the Russia-Ukraine crisis has soured the scenario for loss-making, IPO-bound firms.
Samco MF has also been asked to process redemption requests of unit holders desiring an exit without charging any exit load. This exit will be provided at the prevailing NAV & the window for this will remain open between February 9-24.
The market regulator had banned the firm and 12 others from equity derivatives trading for one year and directed the firm to disgorge nearly Rs 1,000 crore for alleged fraudulent trading in a 10-year-old case.
The country's market regulator is expected to suggest to the Finance Ministry that a separate agency be formed for monitoring the spot market.
Market regulator Sebi today asked custodians of securities, which holds securities and other assets in electronic or physical form, to submit its monthly report latest by fifth working day of the succeeding month.
Following complaints from Cyrus Mistry and Nusli Wadia, the country‘s market regulator, observed that sharing price sensitive information with a chairman emeritus does not violate insider trading rules.
Security and Intelligence Services has received market regulator Sebi's go ahead for raising an estimated Rs 500 crore through an initial public offering.
The initial public offer will see existing shareholders offloading 20-25 per cent shares to the public through the OFS route.
As per the listing agreement norms, a listed company needs to file any scheme of arrangement with the stock exchanges for observations at least one month before filing it with any court or tribunal for approval.
The companies in question are Eider Infotech, Montari Industries, SKS Ltd and Woolways India. The pending dues include fine imposed along with interest, charges, expenses and other costs.
The Supreme Court issued a issued a notice to Pearl Agrotech, barring it from selling or disposing of any of its assets.
The distributor, who receives an aggregate commission of more than Rs 1 crore from all AMCs or gets a fee of Rs 50 lakh from single fund house or operates from more than 20 locations, is required to make such disclosure.
"The time and frequency of communication between a credit rating agency (CRA) and debenture trustee needs improvement," Sebi chairman U K Sinha said here.
By indulging in such activities, they have made notional profit to the tune of over Rs 132 crore. The capital markets watchdog, through an interim order in February 2010, had already barred 16 of these entities from accessing the securities markets till further directions.
The banned companies are Goodearth Financial Services, Ebers Pharmaceuticals, Elegant Pharmaceuticals, Damania Capital Markets and Shree Pomani Metals & Alloys.