Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity.
It sets up internal panel to iron out issues companies face with delisting regulations.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
Regulator seeks clarification on transfer of convertible debt after merger
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.
The exchange may now look to its real estate business for cash flows
Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.
Sahara says awaiting further clarity on issue from regulator, suggests 'human error' or investor confusion led to mismatch.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
The scrip of the company on Wednesday ended at Rs 695.80, up 2.7 per cent, on BSE, while the benchmark Sensex ended flat at 19,345.70. Just Dial shares had seen a record high of Rs 761.80 on July 9.
MNC required to bring in only 10% of issue value upfront during buyback; domestic currency lost 12% since offer was announced
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
Markets regulator remains silent but could probe possible violations of takeover code or under fraudulent trade practices, say lawyers.
The regulator acted on the basis of a June 2011 complaint from the Office of the Directorate of Income Tax.
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