There has also been some easing of norms, allowing foreign direct investment to come into relatively small projects of 20,000 sq metres.
Regulations ensure only PGs from Indian universities qualify.
'The entire explanation of the episode is difficult to digest.'
Sebi will join RBI and the government in their fight against bad loans.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
DLF has launched a mega discount sale of its properties.
Accused of persistent non-compliance, Sahara group on Tuesday offered Sebi fresh bank guarantees for Rs 22,500 crore and help in verifying investors including those the group claims to have already refunded.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The mechanism would also need to have necessary safeguards to protect whistle-blowers from victimisation, while checks would also be required against any misuse of this facility aimed at encouraging directors and employees to report genuine concerns and any wrongdoings at their company.
India needs a place where all regulators could gather and function as in a war room.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
New regime places more limits on unregulated foreign entities
Shortly after arrest, BJP state headquarters in Kolkata was attacked allegedly by members of TMC student wing.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
FTIL stock on Thursday fell by over 60 per cent in early morning trade, while that of Multi Commodity Exchange plunged by 20 per cent following concerns about another group entity National Spot Exchange Ltd.
Having covered the stock market beat for most of those years, I have written articles about several initial public offerings, listed stocks and broader market moves.
In another retrospective change, which forms part of the Securities Laws Amendment Ordinance promulgated by the President of India last week, the individuals and companies being probed by Sebi can settle their pending investigations.
The move is aimed at making it easier to do business in India.
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
The Central Bureau of Investigation (CBI) will soon quiz Securities and Exchange Board of India (SEBI) Chairman U K Sinha as well as former head of the regulatory body M Damodaran in connection with a Preliminary Enquiry (PE) to probe granting sanction to Jignesh Shah-founded Financial Technologies (India) and MCX-SX.
In yet another step to attract foreign money, the Reserve Bank of India (RBI) has allowed non-resident investors to acquire shares of listed Indian companies through stock exchanges under the foreign direct investment (FDI) scheme.
Delhi Stock Exchange's (DSE) struggle to end its life without hurting the diverse interests of its multiple stakeholders will continue into another year.
When it comes to key hands-on management positions, India Inc is still largely run by men.
According to the committee, single overseas investments of more than 10 per cent in a company should be considered as Foreign Direct Investment while those less than 10 per cent should be classified as foreign portfolio investment.
The Securities and Exchange Board of India's (Sebi's) planned research analyst regulations will also apply to proxy advisory services which provide advice on corporate governance and issue voting recommendations to institutional shareholders regarding company resolutions.
BSE-200 companies's list shows that 96 companies had woman directors.
Making it easier for companies to raise funds through genuine equity or debt offers, Sebi unveiled a slew of measures to bring to book those running illegal money-pooling schemes and indulging in other fraudulent activities.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.
RIL says Sebi has not asked for revision of offer price, expecting clearance soon.
Pulling no punches in her attack against the Bharatiya Janata Party for allegedly pursuing 'political vendetta' against the Trinamool Congress, West Bengal Chief Minister Mamata Banerjee on Thursday charged that the Central Bureau of Investigation was being used as a 'political tool' by the National Democratic Alliance government and was functioning as 'a department of the Prime Minister's Office'.
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
Leading stock exchange BSE has initiated a process of putting in place a new risk-based model for supervision of market entities including brokers, taking forward a new model proposed by regulator Sebi in this regard.
The broader markets also ended lower in line with the benchmark indices
In its efforts to make listed firms more responsible towards investors, Sebi may announce new insider trading norms as early as next week.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
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At the last hearing on October 11, SAT had suggested to Sebi to look at considering the RIL application for a consent settlement that allows companies and individuals to settle disputes by paying a fine without admission or denial of the alleged wrongdoing.
A bench headed by Justice T S Thakur asked Delhi government to issue notification by August 4 for converting the conference room into jail which can be used by Roy and two jailed directors of Sahara for 10 working days from 06:00 AM to 08:00 PM for holding negotiations with prospective buyers of hotels in New York and London.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
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