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.
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.