Securities

The market regulator has called attention to Mohammad Nasiruddin Ansari aka Baap of Chart providing unregistered investment advice, under the garb of education. In an interim order dated October 25, the Securities and Exchange Board of India (Sebi) stated, “It is observed that Nasir is inducing clients/ investors by assuring profits/ returns of a minimum INR 3,00,000 and extending to 6,00,000 per month and also giving recommendation to buy. Further, it is also stated that upon payment for courses, Nasir will give dedicated support and guide everyone personally for live market transactions”. Ansari, has been asked to deposit over Rs 17.20 crore in an escrow account collected from carrying out unregistered and fraudulent illegal advisory service.

Sebi resolves over 3,700 complaints through SCORES in September

SCORES is a platform that allows investors to lodge their complaints online with Sebi related to the securities market against companies, intermediaries, and market infrastructure institutions.

SEBI delivers final order in Karvy demat scam, cracks down on MD and directors

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.

RBI announces 7.93% interest rate on Floating Rate Bond 2034

Floating Rate Bonds are securities that do not have a fixed coupon rate

SEBI's new circular on bank guarantees will brew a host of funding troubles for small brokers

Small brokers are in for a tough time as they will have to grapple not only with working capital issues but will also have to funnel in their own funds, in case they were using clients' funds for prop or arbitrage trading

Sebi issues framework for cloud services adoption

The cloud framework has been drafted to provide baseline standards of security and for the legal and regulatory compliances by the Regulated Entities (REs). It will be in addition to the existing circulars/guidelines/advisories of Sebi.

Sebi bans Anugrah Stock, 5 others from securities market for up to 7 years

The others banned by the regulator are the brokerage house’s directors — Paresh Mulji Kariya and Sadhana Paresh Kariya — Teji Mandi Analytics, its director Anil Gopal Gandhi and Om Sri Sai Investments, an associate entity of Anugrah Stock, as per its order.

Sebi streamlines process to handle clients' unpaid securities by trading, clearing members

Under the framework, all the securities received in pay-out would be transferred to the demat account of the respective clients directly from the pool account of the trading member (TM) or clearing member (CM) within one working day of the pay-out, Sebi said in a circular.

GMR Power and Urban Infra board approves raising up to Rs 3,000 crore via securities

GPUIL operates in sectors such as energy, urban infrastructure and transportation.

Portfolio managers can invest up to 30% of clients' assets in securities of 'associates': Sebi

This came after Sebi amended portfolio managers' rules on Monday that mandated prudential limits on investments in associates and related parties of portfolio managers, the requirement of taking prior consent of clients for such investments and restrictions based on the credit rating of securities.

Indians' funds in Swiss banks jump 50% to over Rs 30k crore on surge in securities, institutional holdings

Annual data from Switzerland's central bank showed that funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021.

Motherson Sumi to raise up to Rs 500 crores via issue of securities

The company, however, did not disclose the reasons for raising the capital.

Markets | How to kill foreign investor interest in equities 101

India is not divorced from global  macro conditions and the growth prognosis at home is as grim (relative its own historical rates) as the rest of the world.

Market tailspin: 5 reasons why investors got spooked

Trade on Friday was so volatile that the BSE benchmark Sensex tanked, only to recover by over 800 points before the end of the day. Here are a few factors that have contributed to uncertainty in the market

Bonds weaken on selling by banks and corporates, call rates finish lower

The 6.79 percent government security maturing in 2027, dipped to Rs 101.8150 from Rs 101.9050 previously.

G-Sec markets reel under short squeeze of 10-year bonds

Yields have fallen 13 basis points over the past two days as shortsellers scramble for cover.

DCB Bank up 2% ahead of board meet to consider fund raising

A meeting of board of directors of the company will be held on March 07, to consider and approve, issue of securities/shares, including issue of securities/shares to qualified institutional buyers.

India emerges 12th largest holder of US govt securities in '16

India became the 12th largest holder of US government securities at the end of 2016, with exposure worth USD 118.2 billion.

Jubilant Life Sciences raises Rs 495 cr via securities

The company has successfully completed issuance of non convertible debentures (NCDs) aggregating to Rs 495 crore for cash at par on a private placement basis, Jubilant Life Sciences said in a regulatory filing.

JK Tyre to raise fund upto Rs 1000 crore; shares up 3%

The company at its meeting held on December 28, has approved raising of funds by way of public and/or private offerings and/or qualified institutions placement, including GDR, ADR, FCCB, or any combination thereof for an amount up to Rs 1000 crore, in one or more tranches, to eligible investors.

JK Tyre plans to raise up to Rs 1,000 cr via securities

JK Tyre & Industries today said its board has given approval to raise up to Rs 1,000 crore by issuing securities.

Castor seed case: Sebi eases restrictions on 18 entities

With the latest order, the watchdog has allowed the 18 entities, including Ruchi Soya Industries and National Seed and Agro Industries Ltd (NSAIL) to sell securities in their respective demat accounts subject to certain conditions.

Cipla seeks shareholders nod to raise Rs 4,000 crore

The company's board has approved raising funds up to Rs 2,000 crore, Cipla Ltd said in a regulatory filing.

RBI allows oil bonds as collateral for liquidity auctions

The RBI is making oil bonds eligible for the liquidity auctions, adding that there will be no margin requirement on reverse repo auctions where the central bank has to give securities against surplus money deposited by banks.

RBI under pressure as banks deposit record Rs 4.32 lakh cr

Earlier banks used to deposit Rs 5,000 crore of their excess cash in RBI's reverse repo window which reached a record high of Rs 4 lakh crore on Monday, which is expected to increase in the coming days. To tackle this incoming liquidity RBI needs policy measures to protect the financial stability of its balance sheet.