The institute would have six different schools with various topics and train and educate investors on market, Sebi Chairman, M.Damodaran, said, interacting with the members of various associations in Coimbatore on Monday night.
The Uttar Pradesh Stock Exchange may get permission from the Securities and Exchange Board of India for taking membership of the National Stock Exchange, NSE, as Bhave, the new Sebi chief, seems to be cooperative on the moves that had earlier been opposed by his predecessor. M Damodaran had, almost eight months back, rejected the application of the Madras Stock Exchange for a tie-up with the NSE. But after Bhave took over, this permission has been granted.
C B Bhave, chairman and managing director of National Securities Depository Ltd (NSDL), is believed to be leading the race for the sixth chairman of the Securities and Exchange Board of India (Sebi).
The govt is likely to announce the new Sebi chief by Feb 10 as interviews for the position is over. Six people have been interviewed.
Coinciding with surging stock market regulator SEBI on Wednesday asked scribes not to fall prey to motivated and planted information on listed companies through "informal briefing" saying "readers deserve a better deal".
Hinting at action against non-complying companies, Securities and Exchange Board of India Chairman M Damodaran said on Thursday the regulatory body was 'barking so far but will bite soon.'
The announcement made by Sebi chairman M Damodaran that new rules on Offshore Derivatives Instruments such as PNs have come into effect in-line with the proposals made last week has put to rest all the confusion over the whole issue and normalcy is set to return to the bourses, a broker said.
Market regulator Securities and Exchange Board of India on Saturday maintained a strict silence over the settlement reached between the Ambani brothers over the ownership issues of Reliance empire, ending perhaps the longest and fiercest battle in co
The Securities and Exchange Board of India is planning to bring in regulation to rein in 'vested content' in the media on stock markets keeping in mind the interest of average investors.
Sebi chairman M Damodaran on Thursday suggested reduction of regional stock exchanges in the country.
Finance Minister P Chidambaram on Tuesday said the regulator -- the Securities and Exchange Board of India -- was keeping a vigil on the market movement with the Sensex crossing the 10,000 mark.\n
Market regulator SEBI on Tuesday said it would ease norms for public offers and delisting of shares shortly, but step up market surveillance.
IPO grading will answer questions on the fundamentals of the company
Market regulator SEBI on Monday said it was considering allowing institutions to short sell in the capital markets and expects to see it through in the current calendar year.
Market regulator Securities and Exchange Board of India proposes to introduce Indian Depository Receipts in the Indian capital market by 2007, Sebi Chairman M Damodaran said.
Market regulator Securities and Exchange Board of India on Wednesday said it will take appropriate action on complaints filed by Reliance Industries' vice chairman and managing director Anil Ambani
Market regulator Securities and Exchange Board of India on Saturday threatened to impose stiff penalties on companies failing to comply with corporate governance
Ruling out any relaxation in regulations, market regulator SEBI on Saturday said it will soon allow real estate funds, short selling by big investors and a system of stock lending and borrowing.
With the Sensex crossing the landmark of 9,000 points on Monday, finance minister P Chidambaram said the market movement was orderly, and reflected the strong fundamentals of the economy.
The move, if brought into effect, will substantially reduce the burden on the judicial system, while opening a window of opportunity for expediting court cases.
IDBI has hired human resource consultancy firm Hewitt & Associates for advice on introducing cost-to-company approach and an integrated compensation package for employees, chairman and managing director M Damodaran said on Friday.
SEBI chief M Damodaran on Wednesday said "standards are required" when companies, including those from the oil sector, give out information in public domain.
Securities and Exchange Board of India Chief M Damodaran on Thursday said the guidelines for the real estate mutual funds would be out next week and the much-awaited capital protection schemes too would be announced soon.
Securities and Exchange Board of India on Thursday said it was exploring ways to make public issue process more investor-friendly.
The Securities and Exchange Board of India has cautioned small investors to take 'informed decisions' and asked them to look at safer instruments such as mutual funds.
Stay orders by courts against Sebi's order in the IPO scam would not hamper its investigations into malpractices in public issues, Sebi chief M Damodaran said.