The settlement amount demanded by Sebi could be double of what the exchange paid for the TAP case
Sebi has made IAs accountable for risks caused due to the use of AI tools and made must the disclosure of extent of use of such tools
The latest decision has been taken after Dhoot failed to pay the fine imposed on him in March by Sebi for not making disclosures about his interest in Supreme Energy as well as for not disclosing that Quality Techno Advisors Pvt Ltd (QTAPL) and Credential Finance Ltd (CFL) were related parties with respect to certain transactions.
Vincent Keaveny, the 693rd Lord Mayor who represents the financial hub of the City of London globally, has just returned from a four-day visit to India following meetings with leading Indian businesses and investors and finance chiefs at the Reserve Bank of India (RBI) and Securities Exchange Board of India (SEBI).
New rules give the benefit of dual pricing for shareholders. If the delisting is successful all tendering shareholders will get the higher delisting price while in the case of it being unsuccessful, shareholders will get the open offer price which is guided by SEBI formula..
MCX chief Mrugank Parajape says there is definitely a market for diamond in the futures space and is betting Indian jewellery consumption and MCX's partnership with Singapore Diamond Investment Exchange.
These four companies filed draft documents with the Securities Exchange Board of India (Sebi) in January and February this year to mop up a total of Rs 682 crore through rights issue.
SEBI will check for factors like liquidity and its potential impact on the existing commodity market before taking a call on permitting commodities trading in GIFT city.
First time after ouster of Cyrus Mistry from Tata sons as chairman capital market regulator formally sought explanation from Tata companies. SEBI sought explanation from Tata Power, Tata Steel and Tata Global Beverages on the basis of internal audit committee report.
Noting that it was important to attract foreign fund flows into the BRICS nations, Sinha said the Securities Exchange Board of India (Sebi) would be happy to share its experience with respect to the latest guidelines for foreign portfolio investors (FPIs).
Besides, Sebi's priority will be achieving its mandated statutory objectives through various policy initiatives targeted towards investor protection, market development and effective regulation.
Speaking about JustDial, SP Tulsian of sptulsian.com said, "Things are looking quite weak on the fundamentals. I continue to have my negative view on the stock and I won't be surprised to see it falling further from here on by about 20-30 percent".
Sources have also informerd that ex- Foward Markets Commission (FMC) Chairman Ramesh Abhishek is second in the line followed by SBI's Arundhati Bhattacharya in the list of likely Sebi chief.
The allotment committee of the company in its meeting held on September 25, 2015, allotted 3,06,83,403 equity shares of Rs 2 each at the fixed conversion price of Rs 103.005 per share.
PFC is the first disinvestment under the modified offer-for-sale rules of Sebi under which companies are allowed to disclose stake sale plans two 'banking' days ahead of the issue, instead of two 'trading' days.
InterGlobe Aviation Limited, which runs the country's biggest airline by market share under 'IndiGo' brand, has offered to issue fresh shares worth Rs 1,272 crore, an equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.
The company has filed a Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India for the public issue of its equity shares, market sources said. When contacted, TeamLease Services said the company was exploring various options to facilitate its future growth plans.
Under the new norms now approved by the regulatory board, stock exchanges would have a separate institutional trading platform for listing of start-ups from the new age sectors, including e-commerce firms, while the minimum investment requirement would be Rs. 10 lakh.
Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.
Finance Minister P Chidambaram today said the country will now adopt international practices to differentiate between foreign institutional investors and foreign direct investment into the capital market.
Market regulator Securities Exchange Board of India (Sebi) on Saturday proposed uniform guidelines for all classes of foreign investors, a step aimed at simplifying the investment process for overseas entities and strengthen surveillance over them.
Market regulator Sebi has given its go-ahead to four rights issues, totalling about Rs 5,500 crore, proposed by TV 18 Broadcast, Network 18 Media & Investment, Bajaj Finserv and Bhushan Steel.
Market regulator Sebi will consider next month providing capital protection to part of investments made by very small investors in IPOs.
According to Prithivi Haldea, chairman and managing director of Prime Database, the concept of a safety net is good, but only if it is for small allottees.
Call and put options and affirmative rights - they are standard inclusions in many shareholder agreements. But market regulator SEBI is about to change its positions on both.