News for 'Sebi'

It's roll back time at Sebi

It's roll back time at Sebi

Rediff.com10 Aug 2017

After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

Are MF Stress Tests Of Any Use?

Are MF Stress Tests Of Any Use?

Rediff.com2 May 2024

These are usually found among small and midcaps. It is not easy to find such stocks, especially after a strong bull market, discovers Debashis Basu.

Fall 2024 May Not Be A Repeat Of 2018

Fall 2024 May Not Be A Repeat Of 2018

Rediff.com1 Apr 2024

'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'

'Can I Buy 75L Mercedes With SIPs?'

'Can I Buy 75L Mercedes With SIPs?'

Rediff.com18 Jul 2024

rediffGURU Dev Ashish answers your personal finance and mutual fund queries

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Rediff.com28 Dec 2019

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.

Flurry of IPOs: Sebi warns against threat of technical glitches

Flurry of IPOs: Sebi warns against threat of technical glitches

Rediff.com16 Mar 2021

Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.

Tribunal sets aside Sebi ban on PricewaterhouseCoopers

Tribunal sets aside Sebi ban on PricewaterhouseCoopers

Rediff.com9 Sep 2019

Setting aside the ban on PwC, which is one of the Big Four global accounting firms, SAT said only the national auditors watchdog ICAI (Institute of Chartered Accountants of India) can take any action against its members and fraud cannot be proved on the basis of negligence in auditing.

'Small, mid-caps attractive long-term'

'Small, mid-caps attractive long-term'

Rediff.com26 Mar 2024

'Given the inherent volatility, investors should take at least a three to five-year view.'

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Sebi to crack down on 'mule accounts'

Sebi to crack down on 'mule accounts'

Rediff.com24 Oct 2018

The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.

The Mystery of ZEE and DIIs

The Mystery of ZEE and DIIs

Rediff.com6 Feb 2024

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.

Why Sebi, staffers are at loggerheads

Why Sebi, staffers are at loggerheads

Rediff.com19 Oct 2018

Employees allege breach of transfer policy, accuses HR of non-transparency; protests to resume on October 22

End of a dream! Sony-Zee's $10 billion mega deal called off

End of a dream! Sony-Zee's $10 billion mega deal called off

Rediff.com22 Jan 2024

Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.

Small, midcaps remain mutual fund investors' top choice in March

Small, midcaps remain mutual fund investors' top choice in March

Rediff.com30 Apr 2024

Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors. The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories. Smallcap funds' continued traction could be driven by their strong performance across timeframes, say experts.

NSE makes fresh attempt to settle TAP regulatory investigation

NSE makes fresh attempt to settle TAP regulatory investigation

Rediff.com20 Jul 2023

The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.

Time To Be Cautious In Small And Midcap Funds?

Time To Be Cautious In Small And Midcap Funds?

Rediff.com18 Mar 2024

Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.

Co-location case: Sebi clears three former NSE executives

Co-location case: Sebi clears three former NSE executives

Rediff.com30 Aug 2019

The capital markets regulator exonerated former employees Subramanian Anand, Ravi Apte, and Umesh Jain, with respect to charges levelled against them.

Sebi warns MFs on 23 lapses in FY17

Sebi warns MFs on 23 lapses in FY17

Rediff.com2 Aug 2019

Sebi pointed out instances of misleading the investors by reporting incorrect data on investor complaints, instances of inappropriate utilisation of funds meant for investor education, such as spending on programmes meant for financial advisors, charging of expenses to the said funds for stationery items such as notebooks, planners and calendars, and charging of expenses without adequate records.

SOP for FPI custodians on the cards to remove regulatory arbitrage

SOP for FPI custodians on the cards to remove regulatory arbitrage

Rediff.com26 Jul 2023

The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.

Sebi's latest diktat may slow down NFO gravy train

Sebi's latest diktat may slow down NFO gravy train

Rediff.com9 Jul 2021

The Securities and Exchange Board of India's move directing asset management companies (AMCs) to invest more in their new fund offerings (NFOs) could force the industry to go slow on new product launches. At present, AMCs have to invest one per cent of the amount raised during a NFO or Rs 50 lakh, whichever is less.

Should You Invest In NPS?

Should You Invest In NPS?

Rediff.com15 Apr 2024

'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'

Sebi extends deadline to apply for 147 senior level posts

Sebi extends deadline to apply for 147 senior level posts

Rediff.com3 Aug 2020

The revised date for phase I and phase II examination for the recruitment of officers in Grade A will be informed in due course.

For 2nd straight year, co-location IS preferred mode of F&O trading

For 2nd straight year, co-location IS preferred mode of F&O trading

Rediff.com21 Mar 2024

Co-location may well have a majority share of futures and options (F&O) trading in 2023-24 once again. It accounted for 50.53 per cent of the National Stock Exchange (NSE) derivatives trading turnover in February, higher than the 50.1 per cent share seen in 2022-23 (FY23). The share on the BSE was higher though February numbers showed a dip relative to the previous year.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Rediff.com2 Oct 2020

The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.

Zee reaches out to Sony to revive $10 billion merger talks

Zee reaches out to Sony to revive $10 billion merger talks

Rediff.com20 Feb 2024

Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.

New SC plea says Adani probe panel members have conflict of interest

New SC plea says Adani probe panel members have conflict of interest

Rediff.com18 Sep 2023

An expert committee, set up by the Supreme Court to probe allegations against the Adani group following a bombshell report from a US short seller, has members with potential conflict of interest, a fresh petition filed in the apex court on Monday said.

Sebi ban on Kishore Biyani won't impact deal with Reliance: Future Retail

Sebi ban on Kishore Biyani won't impact deal with Reliance: Future Retail

Rediff.com4 Feb 2021

Future Retail Ltd has said that SEBI's one-year ban on its chairman Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance. Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by Securities and Exchange Board of India (SEBI) on Wednesday. "The order will have no impact on the ongoing Scheme of Arrangement of the company. We understand that the relevant parties propose to challenge this order in exercise of their statutory right to appeal," Future Retail Ltd (FRL) said in a late-night regulatory filing on Wednesday.

IL&FS case: Sebi fines ICRA, CARE, India Ratings

IL&FS case: Sebi fines ICRA, CARE, India Ratings

Rediff.com26 Dec 2019

In three separate but similarly-worded orders, Sebi said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of the rating agencies.

Mallya's defiance prompts Sebi to seek changes to Companies Act

Mallya's defiance prompts Sebi to seek changes to Companies Act

Rediff.com4 Mar 2019

Sebi has now proposed that the Companies Act should also clearly mention that a person should vacate the office of a director if it orders his or her disqualification.

Coronavirus outbreak: Sebi further relaxes compliance norms for listed firms

Coronavirus outbreak: Sebi further relaxes compliance norms for listed firms

Rediff.com23 Mar 2020

The regulator has extended the deadline by 45 days till June 30 for submitting half-yearly financial results for NCDs, NCRPS and CPs, while it has given a time period of another 30 days till June 30, for filing annual earnings.

Rahul calls for JPC probe into stock market crash

Rahul calls for JPC probe into stock market crash

Rediff.com6 Jun 2024

He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'

Government headhunts for new Sebi chief

Government headhunts for new Sebi chief

Rediff.com28 Jan 2020

The finance ministry has put out an advertisement seeking applications from eligible candidates for the post and gave just two weeks against the usual practice of three months. Further, the tenure of the watchdog is again being extended to five years.

Sebi suggests easing of ownership norms for exchanges, depositories

Sebi suggests easing of ownership norms for exchanges, depositories

Rediff.com7 Jan 2021

According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution.

Sebi plans Rs 1 crore reward for informers of insider trading

Sebi plans Rs 1 crore reward for informers of insider trading

Rediff.com6 Aug 2019

These benefits would only be available to individuals and corporates, and professionals like auditors will not be able to use this route as they are duty-bound to report any wrongdoing.

Issuers in wait-and-watch mode for overseas listing at GIFT City

Issuers in wait-and-watch mode for overseas listing at GIFT City

Rediff.com2 Feb 2024

With the government clearing the decks for direct listing at the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), issuers will wait for the ecosystem to develop further before firming up their listing plans. In the meantime, most companies may continue to prefer listing in the onshore market, even as the new avenue provides key benefits such as tax waivers and reduced foreign exchange risk. Sources said that a few key things need to be ironed out further.

Tech IPO Boom With Easing Headwinds

Tech IPO Boom With Easing Headwinds

Rediff.com8 Jan 2024

'The success of one or two IPOs does not dictate whether the upcoming IPOs will be successful or not, but it certainly indicates that the markets and investors are enthusiastic about startup IPOs.'

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).