Dismissing the Sebi’s order, the appellate tribunal said that the entities did not trade in the shares of Future Retail Ltd (FRL) on the basis of unpublished price sensitive information (UPSI) relating to demerger as such information was already in the public domain through multiple media reports. “We are satisfiedRead More →
To enhance ease of doing business for listed debt issuers, the Securities and Exchanges Board of India (Sebi) is mulling to introduce the concept of ‘fast track’ public issuance for debt securities and further reduce the face value of debt securities, including non-convertible debentures (NCDs) issued on a private placementRead More →
The Securities Appellate Tribunal on Thursday overturned a Securities and Exchange Board of India (Sebi) order restricting IIFL Securities from acquiring new clients. The tribunal also lowered the penalty from Sebi’s initial fine of ₹1 crore to ₹20 lakh. “The direction of the whole-time member restraining the appellant (IIFL Securities)Read More →
In a consultation paper, the market regulator suggested a definition of ‘special situation assets’, eligibility of investors in SSFs in terms of Insolvency law, restrictions concerning investment in connected entities, minimum holding period, subsequent transfer of loans, monitoring and supervision of such SSFs. To enable SSFs to acquire stressed loans,Read More →
Market watchdog, SEBI, on Saturday, refused to approve the new delisting regulations due to the non-availability of sufficient data. The SEBI board also announced key decisions affecting NGO fundraising, regulations for index providers, alternative investment funds (AIF) operations, etc. Also Read: Sebi chair Buch cautions investors against heavy F&O betsRead More →
MUMBAI : The Securities and Exchange Board of India (Sebi) will propose a review of its regulations for delisting stocks at its next board meeting, chairperson Madhabi Puri Buch said. “There was a popular belief that we would never review the delisting regulations and that we would stay with theRead More →
Market regulator Sebi’s board will discuss the potential changes on delisting at its next meeting, chairperson Madhabi Puri Buch said on Thursday. She added that in the next meeting, which is scheduled for December or January, the management of the market regulator will also table changes in insider trading normsRead More →
“I knew a lockdown was coming, in line with other countries. I decided to bet on the stock market falling as a last lottery ticket to recover my losses,” Mehta recollects. “I bought put options expecting the markets to fall.” In trading lingo, put options represent a bearish outlook whileRead More →
New Delhi: The Securities and Exchange Board of India (Sebi) on Wednesday banned seven people from accessing public markets for alleged violation of investment adviser norms related to offering stock market advice through Telegram channels. The accused, who ran social media channels based on the name ‘Baap of Chart’, haveRead More →
Market regulator Securities Exchange Board of India (SEBI) banned Mohammad Nasiruddin Ansari from the securities market. Ansari runs a profile on social media platform X (formerly Twitter) by the name of ‘Baap of Chart’ where he used to offer buy/sell recommendations in the stock market. Sebi ordered Mohammad Nasiruddin AnsariRead More →
