News for 'Securities and Exchange Board'

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.

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.

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.

Should You Invest In SM Reits?

Should You Invest In SM Reits?

Rediff.com22 Oct 2024

'Investors with a long-term investment horizon and the risk appetite for fluctuations in property values may find SM Reits a viable option.'

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.

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.

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.

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.'

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).

Are I-T Returns Details Private?

Are I-T Returns Details Private?

Rediff.com21 Sep 2024

Disclosing an individual's income-tax returns is tantamount to violating the person's fundamental right to privacy as recognised by the Constitution.

Sebi may set up SME exchanges

Sebi may set up SME exchanges

Rediff.com12 Jan 2011

On January 5, BSE chief executive officer, Madhu Kannan, had said that the country's premier bourse would announce the launch of its SME Exchange within a fortnight.

NSE defers decision to induct brokers on board

NSE defers decision to induct brokers on board

Rediff.com11 May 2011

Despite changes in rules, the exchange is not in a hurry

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.

Over 93% retail traders lost money in F&O in three years, says Sebi

Over 93% retail traders lost money in F&O in three years, says Sebi

Rediff.com24 Sep 2024

An analysis by the Securities and Exchange Board of India (Sebi) has revealed that retail traders remain at the wrong end of the stick when it comes to equity derivatives trading. About 93 per cent of them incurred an average loss of Rs 2 lakh (per trader) during the last three financial years. The new report highlights an increase in the loss-making individual investors in futures and options (F&O) to 91.1 per cent in FY24 compared to 89 per cent in FY22.

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.

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.

71% intra-day traders pay the price chasing quick gains

71% intra-day traders pay the price chasing quick gains

Rediff.com25 Jul 2024

Over 70 per cent of individual investors who engage in intraday trading incurred an average loss of Rs 5,371 during 2022-23 (FY23), according to a study conducted by the Securities and Exchange Board of India (Sebi). Intraday trades involve buying and selling securities within the same trading day. The study covered nearly 7 million investors trading in the equity cash segment.

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

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.

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.

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.

Bids Between Rs 2 Tn-Rs 3 Tn For This Week's 4 IPOs

Bids Between Rs 2 Tn-Rs 3 Tn For This Week's 4 IPOs

Rediff.com10 Sep 2024

'There is no irrational exuberance when it comes to mainboard IPOs.' 'Most issues are by good quality businesses.'

Explained: The Boom In 2024 Right Issues

Explained: The Boom In 2024 Right Issues

Rediff.com24 Aug 2024

With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.

Trent may replace Bajaj Finserv in Sensex rejig in December

Trent may replace Bajaj Finserv in Sensex rejig in December

Rediff.com24 Sep 2024

Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

'Expect Sensex to cross 100,000 in next 2-3 years'

'Expect Sensex to cross 100,000 in next 2-3 years'

Rediff.com1 Sep 2024

'Subject to any worldwide economic collapse.'

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

Stock exchanges activate disaster recovery sites

Stock exchanges activate disaster recovery sites

Rediff.com24 Mar 2020

The objective is to ensure the exchange's preparedness in the event of a natural calamity, so that any disruptions should not affect market integrity and investor confidence.

Damodaran resigns from IDBI board

Damodaran resigns from IDBI board

Rediff.com18 Feb 2005

Industrial Development Bank of India chairman M Damodaran has resigned from the board following his appointment as the Securities and Exchange Board of India chief.

Global Chess League: Triveni Kings win second title in a row!

Global Chess League: Triveni Kings win second title in a row!

Rediff.com12 Oct 2024

Defending champions Triveni Continental Kings outclassed PBG Alaskan Knights in both final matches to secure their second successive title in the Tech Mahindra Global Chess League.

MCX-Stock Exchange takes Sebi to court

MCX-Stock Exchange takes Sebi to court

Rediff.com21 Jul 2010

The MCX Stock Exchange has dragged the market regulator to court. In a writ petition filed on July 16 in the Bombay High Court, the exchange has sought a response from the Securities and Exchange Board of India on its application for permission to operate as a full-fledged stock exchange.

IIT prof among new members on NSE board

IIT prof among new members on NSE board

Rediff.com27 Feb 2020

Naved Masood, former secretary in the Ministry of Corporate Affairs and Sebi board member; TV Mohandas Pai, chairman of Manipal Global Education and Dinesh Kanabar, CEO, Dhruva Advisors have ceded their position on the NSE board following end of their tenure.

Sebi seeks to reset clock on rights issue

Sebi seeks to reset clock on rights issue

Rediff.com21 Aug 2024

The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to the rights issue framework to enhance its attractiveness, aiming to make it the preferred route for additional fundraising by listed companies. Among the changes proposed by the market regulator are reducing the timeline to first 20 days and then to just three days, allowing shareholders to renounce their rights entitlement to investors of their choice, and eliminating the requirement to appoint an investment banker or file a draft letter of offer.

Sebi's F&O curbs for stemming 'frenzied trading'

Sebi's F&O curbs for stemming 'frenzied trading'

Rediff.com5 Aug 2024

Markets regulator Securities and Exchange Board of India (Sebi's) measures to curb speculative activity in the Rs 450-trillion-a-day futures and options (F&O) market is not a case of "throwing the baby out with the bathwater," whole-time member (WTM) Ananth Narayan said on Friday. "As a regulator, we are conscious that we must not throw the baby out with the bathwater. "When it comes to frenzied trading in options nearing expiry, however, it is difficult to see any baby in this bathwater," he said while delivering his address at the 21st FICCI Annual Capital Markets Conference.

SC dismisses plea to review Adani-Hindenburg verdict

SC dismisses plea to review Adani-Hindenburg verdict

Rediff.com15 Jul 2024

The Supreme Court has dismissed a plea seeking review of its January 3 verdict by which it refused to transfer the probe into allegations of stock price manipulation by the Adani Group to a special investigation team or the CBI.

Adani group to hit the road this week to raise up to Rs 33,254 crore

Adani group to hit the road this week to raise up to Rs 33,254 crore

Rediff.com28 May 2024

The Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately Rs 33,254 crore) through equity and refinancing of older debt, according to banking sources. The roadshows, scheduled to take place in major cities, will inform investors about the group's investment plans across renewable energy, petrochemicals, and infrastructure development.

IPO Market Set For Record-Breaking Diwali

IPO Market Set For Record-Breaking Diwali

Rediff.com3 Oct 2024

IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.

Want To Buy SGBs From Secondary Market?

Want To Buy SGBs From Secondary Market?

Rediff.com25 Sep 2024

While SGBs are a sound investment, they aren't worth buying at any price. The interest income you earn from them will not justify paying a high premium.