News for '-sebi'

How To Be Free From Home Loan Debt

How To Be Free From Home Loan Debt

Rediff.com13 Sep 2024

Using mantras from the Bhagavad Gita, Vatsal Ramaiya explains how you can conquer your home loan debt and unlock a world of financial freedom and peace of mind.

FabIndia, Aether Ind, 5 others get Sebi's nod to float IPOs

FabIndia, Aether Ind, 5 others get Sebi's nod to float IPOs

Rediff.com2 May 2022

Seven companies, including lifestyle retail brand FabIndia and specialty chemical company Aether Industries, have received capital markets regulator Sebi's go-ahead to raise funds through initial share sales. Syrma SGS Technology, Asianet Satellite Communications, Sanathan Textiles, Capillary Technologies India and Harsha Engineers International too received the watchdog's nod to float Initial Public Offerings (IPOs). These companies, which filed their preliminary IPO papers with Sebi during December 2021 and February 2022, obtained observations during April 27-30, an update with the regulator showed on Monday.

Zero-brokerage model on last legs with new fee rules

Zero-brokerage model on last legs with new fee rules

Rediff.com3 Sep 2024

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability. According to industry sources, top brokers may soon begin charging for equity trades and raise the flat fees for intra-day and derivatives trading by 10-30 per cent. Several smaller players have already hiked their brokerage charges, signalling a potential end to the zero-brokerage era that has drawn millions of new investors into the stock market and fuelled active trading.

IPO mop-up rises 20% to Rs 62,000 cr in FY24

IPO mop-up rises 20% to Rs 62,000 cr in FY24

Rediff.com27 Mar 2024

Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.

Want To Open PPF Account For Your Child?

Want To Open PPF Account For Your Child?

Rediff.com10 Sep 2024

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Sebi mulls IPO reforms on book building, price band aspects

Sebi mulls IPO reforms on book building, price band aspects

Rediff.com28 Jul 2021

Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.

Sebi eases norms for raising funds during pandemic

Sebi eases norms for raising funds during pandemic

Rediff.com25 Jun 2020

The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.

If Sebi has its way, 'promoter group' may have a new definition

If Sebi has its way, 'promoter group' may have a new definition

Rediff.com11 May 2021

Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.

Plan Your Wedding Expenses Early

Plan Your Wedding Expenses Early

Rediff.com2 Aug 2024

'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'

Sebi makes dividend distribution policy must for top 1,000 listed cos

Sebi makes dividend distribution policy must for top 1,000 listed cos

Rediff.com25 Mar 2021

To strengthen corporate governance practices and disclosure requirements, Sebi on Thursday decided that top-1,000 listed firms should formulate a dividend distribution policy.

Sebi slaps Rs 25 cr fine on Ambani brothers in 2000 case

Sebi slaps Rs 25 cr fine on Ambani brothers in 2000 case

Rediff.com7 Apr 2021

Sebi on Wednesday imposed a total penalty of Rs 25 crore on Mukesh Ambani, Anil Ambani, other individuals and entities for non-compliance with takeover norms in a Reliance Industries case dating back to 2000.

GVR, the man who put the bite in Sebi's orders

GVR, the man who put the bite in Sebi's orders

Rediff.com22 Mar 2021

In a tribute to GVR, former Sebi chairman C B Bhave says, a brilliant mind, he delighted in hard work and meticulous preparation.

Sebi plans stress tests, liquid holdings for debt MFs

Sebi plans stress tests, liquid holdings for debt MFs

Rediff.com23 Sep 2020

This is aimed at improving liquidity in all schemes and would help them to meet sudden redemption pressures, said Sebi chairman Ajay Tyagi.

Sebi introduced an optional T+1 settlement cycle for markets

Sebi introduced an optional T+1 settlement cycle for markets

Rediff.com8 Sep 2021

The Securities and Exchange Board of India (Sebi) has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

NRIs likely to get bigger play in local equities through GIFT City FPIs

NRIs likely to get bigger play in local equities through GIFT City FPIs

Rediff.com3 Dec 2023

The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Sebi slammed for 'shabby' handling of investor complaints

Sebi slammed for 'shabby' handling of investor complaints

Rediff.com17 Nov 2019

SAT observed that complaints were filed six years ago against 16 listed entities, including the registered intermediaries, but were disposed of by the regulator without settling the case.

'IPOs Are In A Sweet Spot'

'IPOs Are In A Sweet Spot'

Rediff.com24 Sep 2024

'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'

Fate of $10 billion Zee, Sony merger in limbo

Fate of $10 billion Zee, Sony merger in limbo

Rediff.com8 Jan 2024

The fate of the $10 billion merger between Zee Entertainment Enterprises and Culver Max Entertainment, formerly Sony Pictures Networks India, is hanging by a thread, with the two parties unable to finalise an agreement as the end of the one-month grace period looms. The two parties are yet to come to an agreement over Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka leading the merged entity after Sony expressed concerns after market regulator Sebi barred him from holding managerial posts in Zee and any of the entities in a fund-diversion case.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

Smallcap MFs see 1st net outflows in 30 mths

Smallcap MFs see 1st net outflows in 30 mths

Rediff.com11 Apr 2024

Smallcap mutual funds recorded net outflows for the first time in 30 months in March as investors pulled out money after the markets regulator, the Securities and Exchange Board of India (Sebi), warned against "froth" in the mid and smallcap space. Active equity mutual fund (MF) schemes raked in Rs 22,600 crore in March. The March inflow is 16 per cent lower than the two-year high inflow of Rs 26,860 crore in February, shows data from the Association of MFs in India (Amfi).

Sebi bans Kishore Biyani, others from securities mkt for one year

Sebi bans Kishore Biyani, others from securities mkt for one year

Rediff.com3 Feb 2021

Sebi on Wednesday barred Kishore Biyani and certain other promoters of Future Retail Ltd from the securities market for one year for indulging in insider trading in the shares of the company. Apart from Kishore Biyani, who was the CMD and promoter of Future Retail Ltd (FRL), others facing ban are Future Corporate Resources Pvt Ltd, Anil Biyani and FCRL Employee Welfare Trust. In addition, the regulator has imposed a fine of Rs 1 crore each on Kishore Biyani, Anil Biyani and Future Corporate Resources. Besides, they have been asked to disgorge Rs 17.78 crore for the wrongful gains made by them.

What Sebi's multi-cap circular is all about

What Sebi's multi-cap circular is all about

Rediff.com23 Sep 2020

The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.

Govt to file final papers for LIC IPO with Sebi soon

Govt to file final papers for LIC IPO with Sebi soon

Rediff.com11 Mar 2022

The government is planning to soon file the final papers for LIC IPO with market regulator Sebi, which will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put on the block, an official said. The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war and will decide on the timing of the initial public offering (IPO) of Life Insurance Corporation (LIC). "We have got the approval of the DRHP and the next step would be to file the RHP, which will give details of the price band and the actual number of shares.

Sebi eases compliance norms for FPIs

Sebi eases compliance norms for FPIs

Rediff.com21 Aug 2019

FPIs would be classified into two categories instead of three, while the requirements for issuance and subscription of offshore derivative instruments would be rationalised.

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Rediff.com28 Jul 2024

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).

Truth has prevailed, says Adani on SC verdict

Truth has prevailed, says Adani on SC verdict

Rediff.com3 Jan 2024

"Our humble contribution to India's growth story will continue. Jai Hind," Billionaire Gautam Adani said.

How To Plan Your Retirement Portfolio

How To Plan Your Retirement Portfolio

Rediff.com30 Aug 2024

Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'

Sebi probes crash in mid-caps

Sebi probes crash in mid-caps

Rediff.com6 Oct 2018

Operator syndicate could be behind stock hammering, suspects regulator.

Amazon urges Sebi to suspend review of Future-RIL deal

Amazon urges Sebi to suspend review of Future-RIL deal

Rediff.com15 Jan 2021

Amazon has asked Sebi to suspend its review of the Rs 24,713 crore Future-Reliance deal and not grant a no objection certification on the ground that its challenge to the agreement was before the Delhi high court. E-commerce major Amazon has written to Sebi again, this time apprising it about the admission of its appeal before the division of the Delhi high court and urged the market regulator to suspend the review of the Future-Reliance Industries Ltd (RIL) deal. This is the eighth letter by Amazon to the Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi since late October. Amazon has been opposing Future group's pact with billionaire Mukesh Ambani's RIL that was signed in August last year.

Amazon knocks on Sebi doors again over Future-RIL deal

Amazon knocks on Sebi doors again over Future-RIL deal

Rediff.com11 Jan 2021

E-commerce major Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It has also filed an appeal with the division bench of the Delhi high court against the December 21 order of the single member bench, according to sources.

IPO Boom Fuel Investment Bankers' Fortunes

IPO Boom Fuel Investment Bankers' Fortunes

Rediff.com21 Aug 2024

So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Rediff.com16 Feb 2024

Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering (IPO) in the next two weeks, aiming for an $11 billion IPO valuation target. The Bengaluru-based firm plans to raise an estimated $1 billion (Rs 8,300 crore) through the IPO this year. The company is targeting a valuation in the range of $10-11 billion, and it currently has approximately $800 million in cash from the previous funding round, according to sources.

New MF Investors, Read This

New MF Investors, Read This

Rediff.com2 Sep 2024

Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.

Sebi wants MFs to show true yield of portfolio

Sebi wants MFs to show true yield of portfolio

Rediff.com29 Apr 2021

Debt funds typically held 0-5 per cent of their portfolio in cash and cash equivalents before this Sebi diktat.

NSE 'dark fibre' case: Sebi exonerates Ravi Narain

NSE 'dark fibre' case: Sebi exonerates Ravi Narain

Rediff.com17 Jan 2020

In May 2019, Sebi had penalised the NSE as well as two of its former heads - Narain and Chitra Ramkrishna - for allowing Sampark to provide the dark fibre connectivity to stock brokers, despite not having the authorised licence. Dark fibre refers to an unused optical fibre used for high-speed connectivity.

Want To Invest In FD? Read This

Want To Invest In FD? Read This

Rediff.com23 May 2024

Do not keep a large portion of your long-term portfolio in FDs.

Want To Invest In Equal-Weight Indices?

Want To Invest In Equal-Weight Indices?

Rediff.com19 Aug 2024

'In phases when smaller stocks do well, an equal-weight index performs better than its market cap-weighted peer.'

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs