News for 'Securities and Exchange Board of India'

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Rediff.com6 Jul 2024

The Nifty 50 index is poised for a revamp as the revised futures and options (F&O) stock selection criteria is seen paving the way for newly listed companies to join the benchmark index, which is tracked by passive funds with combined assets under management of more than ~3.5 trillion ($44 billion). For the first time in six years, the market regulator Securities and Exchange Board of India (Sebi) has tweaked the stock selection process for the derivatives segment that clocks a turnover of ~400 trillion daily.

Why You Need A Child Insurance Plan

Why You Need A Child Insurance Plan

Rediff.com14 Nov 2024

'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'

Bourses up vigil on SME IPOs: Mandate comprehensive financial disclosures

Bourses up vigil on SME IPOs: Mandate comprehensive financial disclosures

Rediff.com26 Sep 2024

Stock exchanges have intensified vigil on Small and Medium Enterprise (SME) listings by mandating more comprehensive financial disclosures and enhanced monitoring of utilisation of issue proceeds from investment bankers, amid rising instances of dubious practices. Bourses - responsible for vetting initial public offering (IPO) documents and granting approvals to SMEs - have tightened norms in recent weeks with further measures planned for new filings to safeguard investor interests, sources said.

Plea in SC seeks Centre, SEBI report into Jun 4 stock market crash

Plea in SC seeks Centre, SEBI report into Jun 4 stock market crash

Rediff.com9 Jun 2024

Following the exit poll prediction of a resounding BJP victory, BSE benchmark Sensex shot up on Monday by 2,507 points or 3.4 percent to settle at a new closing peak of 76,469. However, a day later on Tuesday, the equity markets witnessed a bloodbath, with the Sensex tanking 4,390 points or 6 percent to settle at 72,079. This was the worst single-day fall in four years.

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Rediff.com17 Jul 2024

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses. This framework, approved by the Sebi board in April, was slated to take effect six months after its notification. But, recent developments have set the wheels of regulation turning faster.

Market regulator Sebi considers tighter norms for proprietary trades

Market regulator Sebi considers tighter norms for proprietary trades

Rediff.com6 Feb 2024

The Securities and Exchange Board of India (Sebi) is considering segregation of settlement for proprietary trades and retail trades to avoid misuse and circumvention by certain brokers, its chairperson Madhabi Puri Buch said recently. Proprietary trading refers to trades done by brokers and other financial institutions using their own capital. "There are some people who are permitting access to their clients through prop accounts for a variety of reasons, including wanting to fund their margins.

Why Choose Fixed-Fee RIAs

Why Choose Fixed-Fee RIAs

Rediff.com27 Nov 2024

One reason the fee can't be lower than 3 per cent is that it is difficult for an RIA to do a good job and remain viable even at 3 per cent.

Sebi allows exit of Hyderabad Stock Exchange

Sebi allows exit of Hyderabad Stock Exchange

Rediff.com29 Jan 2013

The regulator has said HSE, or its subsidiaries can continue to function as any other corporate entity or any other normal broking entity, subject to compliance with applicable laws.

Stock exchanges may remain open on Budget day

Stock exchanges may remain open on Budget day

Rediff.com21 Jan 2015

India's stock exchanges are considering trading on February 28, the federal Budget day, which falls on a Saturday.

Highest-ever advancing stocks on BSE in April amid sharp rebound in markets

Highest-ever advancing stocks on BSE in April amid sharp rebound in markets

Rediff.com4 May 2024

A little over 2,400 BSE-listed stocks ended with gains in April amid a sharp rebound in the broader markets from the March lows. This was the highest number of stocks that rose during a calendar month, as per data provided on BSE's website. The previous high was 2,322 gainers recorded in January.

How To Invest In US Funds

How To Invest In US Funds

Rediff.com8 Nov 2024

'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'

NSE listed companies' mcap surpasses $5 trillion

NSE listed companies' mcap surpasses $5 trillion

Rediff.com23 May 2024

The market capitalisation of listed companies on the NSE surpassed $5 trillion (Rs 416.57 trillion) on Thursday on a day when the Nifty 50 index touched an all-time high of 22,993.60. The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said.

Want To Invest In Corporate Bond Funds?

Want To Invest In Corporate Bond Funds?

Rediff.com24 Oct 2024

'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Rediff.com3 Jan 2025

Fifteen companies have launched their initial public offerings (IPOs) in December 2024, making it the best month for public offerings since 1996. Collectively, they have raised Rs 25,425 crore, which also made December the best month in terms of the quantum of funds raised. In December 1996, 33 companies had raised Rs 931 crore.

When will stock exchanges start T+1 settlement cycle?

When will stock exchanges start T+1 settlement cycle?

Rediff.com9 Nov 2021

India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

Why There Is A Surge In Demat Accounts

Why There Is A Surge In Demat Accounts

Rediff.com6 Sep 2024

The total number of demat accounts in the country stood at 171.1 million as of August 31.

IPO Investors Sell IPO Shares In A Week!

IPO Investors Sell IPO Shares In A Week!

Rediff.com7 Sep 2024

The greater the post-listing gains, the higher the number of investors looking to sell.

Erigaisi triumphs over Gujrathi in marathon battle of Grandmasters

Erigaisi triumphs over Gujrathi in marathon battle of Grandmasters

Rediff.com5 Nov 2024

World No. 4 Indian Arjun Erigaisi beat compatriot Vidit Gujrathi after five hours of end-to-end action in the opening round of the Chennai Chess Grand Masters 2024 in Chennai on Monday.

Crypto or not: Industry to focus on user protection, licensing regime

Crypto or not: Industry to focus on user protection, licensing regime

Rediff.com25 Nov 2024

User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.

MFDs cash in big: Commissions jump over 20% on market liftoff

MFDs cash in big: Commissions jump over 20% on market liftoff

Rediff.com29 Jul 2024

Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. The largest fund house, SBI Mutual Fund (MF), which now manages nearly Rs 10 trillion in assets, paid Rs 2,025 crore to its major distributors - 21 per cent higher than the Rs 1,675 crore payout in 2022-23 (FY23).

Sebi plans to widen net to curb insider trading

Sebi plans to widen net to curb insider trading

Rediff.com31 Jul 2024

The Securities and Exchange Board of India (Sebi) on Monday proposed expanding the scope of regulations prohibiting insider trading to a wider group of people, including those connected to the officials in access to price-sensitive information. The market regulator has suggested changes in the definition of "connected persons" and "relative" to address any gaps in the norms and possible violations.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

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.

Coming! Changes In Mid Caps, Large Caps

Coming! Changes In Mid Caps, Large Caps

Rediff.com19 Jun 2024

Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

Sebi rejects NSE's proposal to extend trading hours

Sebi rejects NSE's proposal to extend trading hours

Rediff.com7 May 2024

Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. "So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call.

Reliance Money plans SME exchange

Reliance Money plans SME exchange

Rediff.com2 Feb 2009

The company is also mulling to enter the currency futures space through the exchange. Recently, the Securities and Exchange Board of India had issued guidelines for SME exchange, and had set a minimum net worth criteria of Rs 100 crore (Rs 1 billion) for entity willing to start it.

Practice of permanent board seats at listed companies likely to end

Practice of permanent board seats at listed companies likely to end

Rediff.com22 Feb 2023

The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.

Calcutta stock exchange to launch trading platform

Calcutta stock exchange to launch trading platform

Rediff.com21 Jun 2011

The 100-year old Calcutta Stock Exchange is finally set to launch a trading platform, which will enable its members to trade on National Stock Exchange (NSE)-listed securities in the next one month, a move that will give the ailing exchange a fresh lease of life.

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.

Ather Energy looks to raise Rs 3,100 cr

Ather Energy looks to raise Rs 3,100 cr

Rediff.com10 Sep 2024

Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the IPO will comprise a fresh issue of equity shares valued at Rs 3,100 crore, alongside an offer for sale of 22 million equity shares by its promoters and investor shareholders.

Swiggy's qcom arm beats food delivery growth

Swiggy's qcom arm beats food delivery growth

Rediff.com30 Sep 2024

For food aggregator platform Swiggy, quick commerce (qcom) is proving to be a better growth opportunity than food delivery. Its qcom arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company's recently filed draft red herring prospectus (DRHP) shows.

How To Lose Money In F&O Trading

How To Lose Money In F&O Trading

Rediff.com15 Oct 2024

F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.

RBI plans currency futures exchange

RBI plans currency futures exchange

Rediff.com3 Aug 2007

The Reserve Bank of India is exploring a dedicated currency futures exchange, after taking an in-principle decision to launch rupee-denominated futures.

Sebi moves to ensure ease of FPI onboarding

Sebi moves to ensure ease of FPI onboarding

Rediff.com4 Sep 2024

Markets regulator Securities and Exchange Board of India (Sebi) is stepping up efforts to ease the onboarding of foreign portfolio investors (FPIs) and has constituted a cell for consultations with offshore investors and custodians, said whole-time member Ananth Narayan. Sebi is also working to make regulations more "light-touch" for FPIs that invest exclusively in government securities or are sovereign funds. The regulator is trying to make the registration process easier for such FPIs, the Sebi official said at the CII Financing 3.0 Summit in Mumbai.

Hong Kong pips India, becomes fourth-largest market

Hong Kong pips India, becomes fourth-largest market

Rediff.com2 Apr 2024

Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion versus India's $4.75 trillion, according to data compiled by Bloomberg. In January, the domestic equity markets' market capitalisation had surpassed that of Hong Kong following a spectacular rally in the small- and midcap stocks.