Sebi bars 3 individuals from securities market for illegal investment advisory
2 years, 6 months ago

Sebi bars 3 individuals from securities market for illegal investment advisory

Live Mint  

Markets regulator Securities and Exchange Board of India on 31 August banned three individuals from the securities markets for providing unauthorised investment advisory services. The latest proceedings took place after SEBI issued a show cause notice dated 31 July, 2021 to RNS Global Capital and its proprietors' -- Lakhan Chouhan, Rohit Soni and Shivani Thakur -- alleging that they were engaged in unauthorised investment advisory services. Also, SEBI barred the noticees from accessing as well as dealing in securities markets directly or indirectly in any manner for six months from the date of this completion of refunds to the investors. The noticees can not undertake investment advisory services or any activity in the securities market without obtaining a certificate of registration from Sebi either directly or indirectly during or after the expiry of the debarment period, the SEBI ruled.

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History of this topic

SEBI Teams Up With DigiLocker To Tackle Unclaimed Assets And Boost Investor Protection
3 days, 2 hours ago

SEBI Teams Up With DigiLocker To Tackle Unclaimed Assets And Boost Investor Protection

ABP News  

The Securities and Exchange Board of India on Wednesday partnered with DigiLocker to help investors track their securities holdings and reduce unclaimed financial assets. This initiative, outlined in the SEBI’s circular titled "Harnessing DigiLocker as a Digital Public Infrastructure for Reducing Unclaimed Assets in the Indian Securities Market," aims to enhance investor protection and streamline access to financial holdings. By …

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside
1 week, 2 days ago

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside

ABP News  

Markets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information by including any proposed fundraising activities agreements which can impact the management or control of the company, restructuring plans, and one-time bank settlements. Sebi said that fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary or arrest of key managerial …

Crizac Limited gets Sebi nod for ₹1,000 crore IPO; Details here
1 week, 3 days ago

Crizac Limited gets Sebi nod for ₹1,000 crore IPO; Details here

Live Mint  

Kolkata-based Crizac Limited has received final approval from markets regulator Securities and Exchange Board of India to raise ₹1,000 crore through initial public offering. About the company Crizac Limited is a B2B education platforms for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, …

SEBI issues warning to Nestle India over insider trading norms breach
2 weeks ago

SEBI issues warning to Nestle India over insider trading norms breach

Hindustan Times  

Market watchdog SEBI has issued a warning letter to FMCG major Nestle India over alleged violation of Insider Trading norms by a senior official of the company. REUTERS/Denis Balibouse Nestle India has received an "administrative warning letter" from the Securities and Exchange Board of India by a designated person of the company, according to regulatory filing on Friday. "The Compliance …

ESIC looks to invest in stock market, awaits SEBI nod
2 weeks, 1 day ago

ESIC looks to invest in stock market, awaits SEBI nod

The Hindu  

The Employees’ State Insurance Corporation is looking to invest surplus funds in the stock market through exchange traded funds and is awaiting markets regulator Securities and Exchange Board of India ’s nod for exemption from the ₹25-crore per transaction limit. As of March 31, 2024, the social security body’s investments in government and other securities, bonds and debentures, fixed deposits …

Madhabi Puri Buch case: Bombay HC stays order directing FIR against former SEBI chief, others
Trending News
2 weeks, 4 days ago

Madhabi Puri Buch case: Bombay HC stays order directing FIR against former SEBI chief, others

The Hindu  

The Bombay High Court on Tuesday stayed a Mumbai sessions court order for four weeks that directed the Anti-Corruption Bureau to register an FIR against the former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five other SEBI and Bombay Stock Exchange officials in an alleged stock market fraud, regulatory violations, and corruption linked to the listing …

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4
2 weeks, 5 days ago

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4

The Hindu  

The Bombay High Court on Monday asked the Anti-Corruption Bureau not to act on a Mumbai sessions court order to register an FIR against former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five others, until March 4, 2025. The sessions court on March 1, 2025 directed the ACB to register a First Information Report against Buch …

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials
2 weeks, 6 days ago

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials

India Today  

A special Anti-Corruption court in Mumbai on Saturday ordered the registration of an FIR against top officials of the Securities and Exchange Board of India including former Sebi Chairperson Madhabi Puri Buch and Bombay Stock Exchange in a case of alleged stock market fraud and regulatory violations. The complainant contended that Sebi officials failed in their statutory duty, facilitated market …

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses
3 weeks, 3 days ago

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses

Live Mint  

In a significant regulatory move, the Securities and Exchange Board of India slapped a penalty of ₹5.05 crore on the Indian Clearing Corporation Ltd., a subsidiary of BSE Ltd, following an inspection that revealed several instances of non-compliance concerning the clearing corporation’s practices and systems. The inspection also revealed that ICCL had not fully complied with Sebi’s cyber security framework, …

Axis Securities penalised ₹10 lakh by Sebi for flouting stock broker rules
3 weeks, 6 days ago

Axis Securities penalised ₹10 lakh by Sebi for flouting stock broker rules

Live Mint  

Capital markets regulator Sebi has imposed a penalty of ₹10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms. In an 82-page order, Sebi found that Axis Securities failed to follow regulatory procedures in several areas, including reporting discrepancies and improper handling of client funds. The market regulator found that Axis Securities had inconsistencies …

As ₹500 crore of unclaimed wealth piles up, Sebi plans a streamlined returns process
1 month ago

As ₹500 crore of unclaimed wealth piles up, Sebi plans a streamlined returns process

Live Mint  

For evidence of the financial immaturity of Indian investors you don’t need to dig beyond this data. The unclaimed funds or securities can also be transferred to a client’s nominee or legal heir if the client has passed away and their bank or demat account has been closed. The stock exchange too would be required to deploy such funds in …

Follow finfluencers’ tips at your own risk
1 month, 1 week ago

Follow finfluencers’ tips at your own risk

New Indian Express  

NEW DELHI: In a significant move, the Securities and Exchange Board of India has taken stringent action against Asmita Patel, Asmita School Global, and four other associates, spotlighting the growing risks associated with unregistered financial influencers, or ‘finfluencers,’ and their impact on retail investors. SEBI has impounded over Rs 53 crore collected by these entities as fees for various investment-related …

SEBI Cracks Down On Finfluencer Asmita Patel And 5 Other Entities, Bars Them From Capital Markets
Trending News
1 month, 2 weeks ago

SEBI Cracks Down On Finfluencer Asmita Patel And 5 Other Entities, Bars Them From Capital Markets

ABP News  

The Securities and Exchange Board of India has placed a ban on six entities from the capital markets including finfluencer Asmita Patel for allegations regarding unregistered investment advisory services. The capital markets regulator directed the entities to surrender over Rs 53 crore collected as fees course from participants for several courses, reported PTI. SEBI issued an interim order and show …

Who is Asmita Patel? YouTuber dubbed as ‘She-Wolf of Stock Market’ faces SEBI ban
1 month, 2 weeks ago

Who is Asmita Patel? YouTuber dubbed as ‘She-Wolf of Stock Market’ faces SEBI ban

Hindustan Times  

The Securities and Exchange Board of India has banned YouTuber Asmita Jitesh Patel and her trading school for offering unregistered investment advice. The outlet added that investors lost crores after following her “stock tips.” YouTuber Asmita Jitesh Patel and her trading school faced a SEBI ban. SEBI impounded an amount of ₹53.6 crore from Asmita Patel, her Global School of …

Sebi notches up governance norms and easing procedures: What it means for investors
1 month, 2 weeks ago

Sebi notches up governance norms and easing procedures: What it means for investors

Live Mint  

The market regulator’s latest updates to the listing regulations present a wholesome platter of governance enhancements, accompanied by a fine glass of procedural easing to wash it down. Sebi’s changes in this matter aim at bolstering the independence of secretarial auditors by introducing stricter conditions including mandatory rotation of secretarial auditors, mirroring the approach already present for statutory auditors. Sebi …

NSE Clearing fails to meet Sebi-mandated liquidity norms, flags BSE unpaid dues of over ₹312 crore
1 month, 2 weeks ago

NSE Clearing fails to meet Sebi-mandated liquidity norms, flags BSE unpaid dues of over ₹312 crore

Live Mint  

New Delhi, Feb 5 - NSE Clearing Ltd, the clearing house of the National Stock Exchange, has failed to meet the capital markets regulator Sebi's mandated liquidity requirements, citing the non-payment of dues by rival BSE as the primary reason for the shortfall. In its December 2024 quarterly results, NSE Clearing, the exchange's unit responsible for clearing and settling its …

IBC Weekly Round Up[27th January-2nd February 2025]
1 month, 2 weeks ago

IBC Weekly Round Up[27th January-2nd February 2025]

Live Law  

Nominal Index: INDEPENDENT SUGAR CORPORATION LTD. V. GIRISH SRIRAM JUNEJA & ORS., CIVIL APPEAL NO. 321 of 2024 PUNJAB NATIONAL BANK LIMITED VS. M/S MBL TOLL ROAD COMPANY LIMITED, CP No.423//2023 Supreme Court Case name: INDEPENDENT SUGAR CORPORATION LTD. V. GIRISH SRIRAM JUNEJA & ORS., CIVIL APPEAL NO. Case Number: RERA APPEAL 7/2024 The Delhi High Court bench comprising Justice …

Sebi bans finfluencers from using live stock prices, tightens crackdown on illegal advisories
1 month, 3 weeks ago

Sebi bans finfluencers from using live stock prices, tightens crackdown on illegal advisories

New Indian Express  

MUMBAI: The markets regulator Sebi, which has been after the so-called financial influencers or finfluencers who are tricking the gullible public into investing in stocks they get paid to recommend, for long, has delivered a major blow to them by restricting their use of live-market data/prices in their what they call educational content. The key prohibitive measures include not allowing …

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report
1 month, 3 weeks ago

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report

Live Mint  

India's capital market regulator, the Securities and Exchange Board of India, on Thursday, January 30, fined the brokerage Motilal Oswal Financial Services ₹7 lakh after conducting an investigation over an alleged violation of stock brokerage regulations, reported multiple media outlets. “After taking into consideration the facts and circumstances of the case, materials available on record, submissions made by the Noticee …

SEBI Issues New Rules For Finfluencers, Tightens Norms For Stock Education
1 month, 3 weeks ago

SEBI Issues New Rules For Finfluencers, Tightens Norms For Stock Education

ABP News  

The Securities and Exchange Board of India announced some revisions to the norms for financial influencers on Wednesday. Issuing an official circular, the capital markets regulator said that finfluencers will not be allowed to use live stock market data in educational content anymore. As per the norm, any individuals trying to educate about the stock market would be permitted to …

Sebi imposes strict guidelines on finfluencers: No live share price, stock tip restrictions & more
1 month, 3 weeks ago

Sebi imposes strict guidelines on finfluencers: No live share price, stock tip restrictions & more

Live Mint  

Sebi has issued restrictions for finfluencers providing stock tips on social media platforms as investor education. "It is the responsibility of the persons regulated by Sebi to ensure that any person associated with them or their agent, directly or indirectly, does not engage in any of the abovementioned two prohibited activities, directly or indirectly," Sebi said. Prohibited activities by Sebi …

Sebi cancels registration of 4 stock brokers
1 month, 3 weeks ago

Sebi cancels registration of 4 stock brokers

Live Mint  

New Delhi, Markets regulator Sebi on Wednesday cancelled the registration of four stock brokers Single Window Securities, Sunness Capital India, GACM Technologies and Infotech Portfolio after they failed to meet the registration requirements. In its orders, Sebi said that four stock brokers were granted registrations subject to certain conditions, including the condition that they continue to be members of a …

Front running case: Sebi bans 2 persons from securities market for 6-month
1 month, 3 weeks ago

Front running case: Sebi bans 2 persons from securities market for 6-month

Live Mint  

New Delhi, Markets regulator Sebi on Tuesday restrained two persons from the securities market for six months and directed them to disgorge ₹34.26 lakh "wrongful gains" made by them through their involvement in front-running activities. Ltd. in the cash market and equity derivatives segments of NSE by its dealer Kadam in the trading account of Bhatkar based on the impending …

SEBI plans new measures for IPO trading amid surge in first-time share sales
2 months ago

SEBI plans new measures for IPO trading amid surge in first-time share sales

Hindustan Times  

India’s securities market regulator is considering steps to formalize trading in initial public offerings where bidding has closed, but the shares are yet to be listed. Madhabi Puri Buch, the chairwoman of the Securities and Exchange Board of India, stated that investors who get allocations may be permitted to exchange their right to those shares before the listing. The Securities …

Sebi settles adjudication proceedings against Paytm executives
2 months ago

Sebi settles adjudication proceedings against Paytm executives

Live Mint  

Mumbai: Markets regulator Securities and Exchange Board of India has settled adjudication proceedings against several executives and independent directors of One97 Communications Ltd, the parent of fintech firm Paytm, for alleged violations of securities laws. The adjudication proceedings stemmed from concerns raised by Sebi in July 2023 regarding the actions of Amit Khera, Paytm’s then-compliance officer and company secretary, as …

Sebi bars smallcap firm and related entities from trading after alarming surge in stock price
2 months ago

Sebi bars smallcap firm and related entities from trading after alarming surge in stock price

Live Mint  

The Securities and Exchange Board of India has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd following an alarming surge in the Mumbai-based company’s stock price and questions surrounding its financial dealings. “Situations like the one at hand raise fundamental questions about Sebi’s role as the securities market regulator, statutorily mandated to safeguard the interest of the investors,” …

Sebi to simplify registration for FPIs looking to invest in govt securities
2 months, 1 week ago

Sebi to simplify registration for FPIs looking to invest in govt securities

Live Mint  

Mumbai: India's capital markets regulator is set to ease the registration of foreign portfolio investors if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore. "There will be zero requirements for a lot of things including investor group all that data will not be …

Here are Sebi’s new guidelines for independent advisers, research analysts
2 months, 1 week ago

Here are Sebi’s new guidelines for independent advisers, research analysts

Live Mint  

The market regulator tightened rules for independent advisers and research analysts by imposing deposit requirements and restrictions on the scope of advice to enhance transparency and protect investors. The key amendments include: Deposit requirements Sebi introduced a tiered deposit structure for IAs and RAs based on the maximum number of clients served on any given day during the previous financial …

SEBI warns Ola Electric for disclosure lapses
2 months, 2 weeks ago

SEBI warns Ola Electric for disclosure lapses

The Hindu  

India's markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker. The letter from the Securities and Exchange Board of India, disclosed by Ola Electric late on Tuesday, said that the company had failed provide "equal and timely access" to its …

Why you cannot complain to Sebi about unregistered investment advisors
2 months, 2 weeks ago

Why you cannot complain to Sebi about unregistered investment advisors

Live Mint  

Six months ago, Abhishek Kumar received a complaint against his company on SCORES, the online grievance redressal facilitation platform provided by the Securities and Exchange Board of India. In 2024, Sebi issued 27 notices against unregistered investment advisors, fined them, and banned many of them from operating in the stock market. However, many, like Pandey, who want to complain against …

SEBI bans Ketan Parekh again for new front-running scam allegations
2 months, 2 weeks ago

SEBI bans Ketan Parekh again for new front-running scam allegations

Hindustan Times  

Market regulator Securities and Exchange Board of India has banned former stock broker Ketan Parekh from buying and selling securities again. SEBI had investigated the trades undertaken by individuals and brokers associated with Parekh over a two-year period which ended on June 2023 Parekh was behind one of the worst financial scandals in India's history at the turn of the …

Sebi bans Ketan Parekh, 2 others from securities markets over involvement in front-running scheme
2 months, 2 weeks ago

Sebi bans Ketan Parekh, 2 others from securities markets over involvement in front-running scheme

Live Mint  

Markets regulator Sebi on Thursday barred three individuals, including Ketan Parekh, from the securities markets with immediate effect for their alleged involvement in a front-running scheme which generated illegal gains of ₹65.77 crore. The regulator also restrained Ketan Parekh, Rohit Salgaocar and Ashok Kumar Poddar from associating with any intermediary registered with Sebi, either directly or indirectly, with immediate effect. …

SEBI revokes ICEX recognition, approves voluntary exit from exchange business
2 months, 3 weeks ago

SEBI revokes ICEX recognition, approves voluntary exit from exchange business

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, December 27, notified that the recognition granted to the Indian Commodity Exchange Ltd has been withdrawn, formally signifying its exit from the bourse business. "The SEBI hereby notifies that the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this …

Unlisted securities: The high-stakes gamble luring India’s retail investors
2 months, 3 weeks ago

Unlisted securities: The high-stakes gamble luring India’s retail investors

Live Mint  

Lured by the promise of outsized returns, early access to high-growth companies, and lower fees, retail investors are venturing into the unregulated and risky world of unlisted securities. What the platforms say Platforms play a pivotal role in the unlisted securities market, acting as intermediaries that provide liquidity to early investors or Esop holders in companies gearing up for public …

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year
Trending News
2 months, 3 weeks ago

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year

New Indian Express  

MUMBAI: The market regulator Sebi has ordered the suspension of trading in Bharat Global Developers’ stocks, which have surged more than 10,000 per cent in the past year. The decision came after it was discovered that the company had falsely claimed to have secured large orders from marquee corporates like Reliance, Tata Group, UPL, and McCain India Agro. In a …

SEBI suspends trading of Bharat Global Developers over financial misrepresentation
2 months, 3 weeks ago

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Deccan Chronicle  

New Delhi: Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders," Sebi Whole Time Member Ashwani Bhatia said in his 25-page order. Accordingly, Sebi in …

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation
Top News
2 months, 3 weeks ago

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation

Hindustan Times  

Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. The SEBI Bhavan at BKC Bandra in Mumbai Additionally, the regulator has barred the company, its managing director Ashok Kumar Sewada, CEO Mohsin Shaikh and directors --Dinesh Kumar Sharma and Nirali Prabhatbhai Karetha -- and …

Sebi halts trading in Bharat Global Developers over suspected stock price manipulation
Trending News
2 months, 3 weeks ago

Sebi halts trading in Bharat Global Developers over suspected stock price manipulation

Live Mint  

The market regulator has suspended trading in Bharat Global Developers Ltd’s shares until further notice over allegations of fraudulent activities and false disclosures in a rare such action. "The shocking falsities presented by BGDL as legally required disclosures to the exchange expose a clear fraudulent scheme," said Sebi's order, authored by whole-time member Ashwani Bhatia. Regulator's scrutiny Citing Sebi's proactive …

SEBI bans YouTuber Ravinda Balu Bharti for investment scam, slaps ₹9.5 crore fine
3 months ago

SEBI bans YouTuber Ravinda Balu Bharti for investment scam, slaps ₹9.5 crore fine

Live Mint  

The Securities and Exchange Board of India has banned YouTube finfluencer Ravindra Balu Bharti and his company from dealing in or accessing the securities markets until April 4, 2025, and slapped a ₹9.49 crore fine for “unlawful gains,” according to a PTI report. Bharti and his three associates allegedly ran an unregistered investment advisory business under the name Ravindra Bharti …

SEBI makes IPO rules stricter for small firms, overhauls investment banking norms
3 months ago

SEBI makes IPO rules stricter for small firms, overhauls investment banking norms

Hindustan Times  

The Securities and Exchange Board of India board approved a series of measures on Wednesday, including stricter regulatory norms for small and medium enterprises' IPOs. The board has also green lit a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information. In a statement after the board meeting, SEBI has decided to introduce specific …

Bombay High Court Issues Notice To SEBI In Plea Against Mutual Fund Ads By Association Of Mutual Funds In India
3 months ago

Bombay High Court Issues Notice To SEBI In Plea Against Mutual Fund Ads By Association Of Mutual Funds In India

Live Law  

A Public Interest Litigation had been filed in the Bombay High Court seeking directions to the Securities and Exchange Board of India to withdraw the permission granted to the Association of Mutual Funds in India in relation to The PIL filed by a chartered accountant alleges that the AMFI has misused the permission/liberty granted by SEBI for the commercial benefit …

SEBI Tightens Rules on Offshore Derivative Instruments to Boost Transparency
3 months ago

SEBI Tightens Rules on Offshore Derivative Instruments to Boost Transparency

Deccan Chronicle  

The Securities and Exchange Board of India has introduced significant changes to the regulations governing Offshore Derivative Instruments issued by Foreign Portfolio Investors. A circular issued on Tuesday outlined the new requirements aimed at enhancing market transparency and stability.Under the revised framework, FPIs are prohibited from issuing ODIs with derivatives as their underlying assets or using derivatives to hedge their …

₹1 lakh cr of AIF investments structured to circumvent financial regulations: Sebi’s Narayan
3 months ago

₹1 lakh cr of AIF investments structured to circumvent financial regulations: Sebi’s Narayan

Live Mint  

Mumbai, Dec 17 About a fifth of all investments by AIFs has been structured to circumvent existing financial regulations like the ones on non-performing assets classification, Sebi's whole-time member Ananth Narayan G said on Tuesday. "'.of the ₹4.5 lakh crore of investments, around ₹1 lakh crore.has been questionable in terms of the regulatory intent behind those investments," he said. Sebi …

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms
3 months, 1 week ago

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms

Deccan Chronicle  

The Securities and Exchange Board of India has issued a cautionary advisory to investors, warning against trading in securities of unlisted public limited companies on unauthorized electronic platforms.In a statement, SEBI highlighted that certain electronic platforms and websites have been facilitating such transactions, which violates the Securities Contract Act, 1956, and the SEBI Act, 1992. These laws are intended to …

Delisting Regulations Of SEBI Not Applicable To Delisting Of Equity Shares Under Resolution Plan: Bombay High Court
3 months, 2 weeks ago

Delisting Regulations Of SEBI Not Applicable To Delisting Of Equity Shares Under Resolution Plan: Bombay High Court

Live Law  

The Bombay High Court bench of Justices M.S.Sonak and Jitendra Jain has held that Delisting Regulations framed by the SEBI would not be applicable to the delisting of shares of the company in pursuance of the approval of a Resolution Plan under section 31 of the code. The petitioner submitted that the impugned regulation violates the objective of the SEBI …

Nithin Kamath hails SEBI orders on stock market scam says ‘quick buck is the surest way to lose money’
3 months, 2 weeks ago

Nithin Kamath hails SEBI orders on stock market scam says ‘quick buck is the surest way to lose money’

Live Mint  

Online brokerage platform Zerodha's co-founder and Chief Executive Officer, Nithin Kamath, cautioned investors via a social media post on platform X on Saturday, December 7, about the most certain way to lose money in the markets. Taking shortcuts to make a quick buck is the surest way to lose money in the markets,” said Nithin Kamath, highlighting an old saying …

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance
3 months, 2 weeks ago

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance

Live Mint  

The Supreme Court has declined to intervene in the Calcutta High Court’s decision to give the Calcutta Stock Exchange, India’s oldest stock exchange, more time to comply with the Securities and Exchange Board of India’s 2012 Exit Policy. The court said it would review CSE’s compliance with the Exit Policy at the next hearing on 7 March 2025. Sebi had …

SEBI Mandates Online Document Repository for Merchant Bankers Starting Jan 2025
3 months, 2 weeks ago

SEBI Mandates Online Document Repository for Merchant Bankers Starting Jan 2025

Deccan Chronicle  

The Securities and Exchange Board of India has directed all merchant bankers to electronically upload records and documents related to due diligence in public issue activities on a dedicated Document Repository platform set up by stock exchanges. This requirement applies to draft offer documents filed on or after January 1, 2025, for listing on both mainboard and SME exchanges.The Document …

Sebi bars Mishtann Foods, five directors from market
3 months, 2 weeks ago

Sebi bars Mishtann Foods, five directors from market

Live Mint  

Mumbai: The capital market regulator on Thursday barred Mishtann Foods Ltd and five of its directors from accessing the market, citing alleged financial misrepresentation and fraud. The interim order of the Securities and Exchange Board of India came after its investigation from 1 April 2017 to 31 March 2024 revealed alleged serious financial irregularities in the company engaged in the …

Sebi norms may have partly fuelled recent FPI sell off
3 months, 2 weeks ago

Sebi norms may have partly fuelled recent FPI sell off

Live Mint  

MUMBAI : Was the humongous foreign portfolio investor selling of the past two months driven only by poor corporate earnings and rising bond yields in the US? One fund manager said some of the funds awaited global index provider MSCI's rebalancing of its Emerging Markets Index on 25 November. Another fund manager said the circular has been "a matter of …

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