December 12, 2024 14:22 (IST)
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India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | INDIA bloc to knock on Supreme Court's doors over alleged EVM manipulation during Maharashtra polls

SEBI proposes DigiLocker Integration to simplify claims on deceased investors' assets

Dec 10, 2024, at 05:50 pm

Mumbai: The Securities and Exchange Board of India (SEBI) has unveiled a proposal to use the DigiLocker platform for easing the process of claiming unclaimed assets belonging to deceased investors, media reports said.

Key SEBI Regulations Shaping the Future of Brokerage in 2025

Nov 26, 2024, at 09:29 pm

The Securities and Exchange Board of India (SEBI), the country’s capital market regulator, continues to play a pivotal role in defining the framework of India’s financial markets. As we step into 2025, SEBI’s evolving regulations are expected to shape the brokerage landscape, making it more transparent, cost-efficient, and technology-driven.

Indian govt mulling minority stake sale in four state-owned banks: Report

Nov 20, 2024, at 04:32 am

New Delhi: The Indian government is mulling offloading a minority stake in four state-owned banks to meet the public shareholding rules mandated by the country's markets regulator SEBI, a government source told Reuters.

SEBI proposes amendments to Insider Trading and Disclosure Regulations to expand scope of info disclosed by listed companies

Nov 11, 2024, at 09:42 pm

Mumbai/IBNS: To ensure companies follow rules on unpublished price sensitive information (UPSI) thoroughly, the Securities and Exchange Board of India (SEBI) is aiming to expand the list of corporate events that would qualify as UPSI.

HDFC Bank's NBFC arm HDB Financial Services files papers for Rs 12,500 crore IPO

Oct 31, 2024, at 07:44 pm

Mumbai/IBNS: HDFC Bank announced on Thursday (Oct. 31) that its non-banking financial arm HDB Financial Services filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a potential IPO of up to Rs 12,500 crore (approximately $1.49 billion).

Swiggy sets IPO price band between Rs 371 - Rs 390: Reports

Oct 29, 2024, at 06:53 pm

Mumbai/IBNS: Swiggy, the leading Indian food and grocery delivery company, is set to launch its initial public offering (IPO) to raise Rs 11,300 crore.

Adani Group gets SEBI notice over allegations of misclassifying certain investors

Oct 23, 2024, at 04:11 am

Mumbai: The Securities and Exchange Board of India (SEBI ) has issued a notice to the Adani Group over allegations of misclassifying certain investors as public shareholders, as disclosed by Adani Energy Solutions in its September quarter results filed on Tuesday, October 22, media reports said.

SEBI directs regulated entities to scrap ties with unregistered advisors

Oct 23, 2024, at 01:20 am

Mumbai: Entities regulated by the Securities and Exchange Board of India (Sebi) and their agents have been instructed to sever ties with individuals offering investment advice or recommendations without being registered with the regulator, as well as with those making performance or returns claims without regulatory approval.

IndiGo Ventures gets SEBI approval to launch Venture Capital Fund to invest in aviation startups

Oct 16, 2024, at 12:50 am

Gurugram: Budget carrier IndiGo Tuesday announced that its corporate venture capital fund, IndiGo Ventures, has received the Alternative Investment Fund approval from the Securities and Exchange Board of India (SEBI), according to an official statement.

BSE to retain weekly options linked to Sensex after SEBI's new F&O framework: Report

Oct 03, 2024, at 07:06 pm

Mumbai/IBNS: The BSE will continue offering weekly derivative contracts linked to the Sensex, after the new, stricter regulations on equity derivatives set by India's market regulator the Securities and Exchange Board of India (SEBI), Reuters reported, citing two sources familiar with the matter.

SEBI announces strict measures for index derivatives to curb speculative trading

Oct 02, 2024, at 04:04 am

Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of measures to strengthen the index derivatives framework, aiming to protect investors and stabilize the market, media reports said.

SEBI objects to use of IPO proceeds for repaying promoter loans: Report

Sep 30, 2024, at 09:52 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, has raised objections to companies using proceeds from share sales to repay loans taken from promoters or promoter entities, Moneycontrol reported, citing sources familiar with the matter.

SEBI investigations reveal six investment banks charged SMEs fees equal to 15% of IPO size: Report

Sep 24, 2024, at 08:52 pm

Mumbai/IBNS: India’s securities regulator, the Securities and Exchange Board of India (SEBI), is investigating six domestic investment banks over concerns about malpractice in the country’s booming IPO market for small businesses, Reuters reported, citing two sources familiar with the matter.

SEBI permits mutual funds to buy and sell credit default swaps

Sep 21, 2024, at 06:30 am

Mumbai: The Securities and Exchange Board of India (SEBI) said on Friday that mutual funds can now both buy and sell Credit Default Swaps (CDS), a move aimed at enhancing liquidity in the corporate bond market, media reports said.

Reliance Power settles Rs 3,872 crore in obligations, achieves debt-free tag

Sep 18, 2024, at 07:41 pm

Mumbai/IBNS: Shares of Reliance Power Ltd surged by 5 percent on Wednesday (Sept. 18) after the company announced that it had fully settled its Rs 3,872 crore obligation as a guarantor for Vidarbha Industries Power (VIPL), reports Moneycontrol.

SEBI disposes co-location case against NSE, seven ex-executives due to insufficient evidence

Sep 14, 2024, at 06:07 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, has closed its proceedings against the National Stock Exchange (NSE), along with former executives Ravi Narain, Chitra Ramkrishna, Anand Subramanian, and others, regarding the exchange's co-location services.

SEBI mulls new regulations to curb risks amid surge in small IPOs

Sep 12, 2024, at 08:06 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, is contemplating stricter oversight for micro-cap firms going public, which includes enhanced monitoring of how their funds are used and tougher due diligence requirements for merchant bankers, the Economic Times reported, citing a source involved in the discussions who requested anonymity due to the confidential and sensitive nature of the information.

Mahindra Group rubbishes Congress's conflict of interest allegations over payments to SEBI chief Madhabi Buch's husband Dhaval Buch

Sep 10, 2024, at 11:09 pm

Mumbai: The Mahindra Group has rejected recent allegations of a conflict of interest regarding payments to Dhaval Buch, the husband of SEBI chairperson Madhabi Buch, calling the claims "false and misleading."

Biggest IPO pipeline in 14 years: 15 IPOs estimated to be worth Rs 20,455 cr to be launched in September

Sep 07, 2024, at 10:58 pm

Mumbai/IBNS: As many as 15 companies are slated to launch their Initial Public Offering (IPO) in September, which is the biggest IPO pipeline in the last 14 years, according to Zee Business.

Parliamentary committee to investigate allegations against SEBI chief Madhabi Buch, likely to summon her: Report

Sep 06, 2024, at 06:04 pm

New Delhi/IBNS: The parliamentary Public Accounts Committee (PAC), the parliamentary watchdog for government spending, will investigate allegations against Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch and it is likely to summon her later this month, Economic Times reported, citing people in the know.

Didn't pay salary or granted ESOPs post-retirement to SEBI's Madhabi Puri Buch: ICICI Bank rebuts INC's allegation

Sep 03, 2024, at 06:40 pm

Mumbai/IBNS: Hours after Indian National Congress (INC) spokesperson Pawan Khera alleged that Securities and Exchange Board of India (SEBI) chair Madhabi Puri Buch had received Rs 16.8 crore from ICICI Group between FY18 and FY24, private sector lender ICICI Bank on Monday (Sept 2) denied paying salary or granting stock options to its former employee Buch.

SEBI cancels registration of 39 stock brokers, 7 commodity brokers, 22 depository participants due to non-compliance

Aug 31, 2024, at 07:30 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, on Friday (August 30) cancelled the registration of 68 market intermediaries, including 39 stock brokers, seven commodity brokers and 22 depository participants, due to non-complaints, reports said.

Anil Ambani reviewing legal options against SEBI order: Statement

Aug 26, 2024, at 06:57 pm

Mumbai/IBNS: Reliance Group chairman and managing director Anil Ambani, who has been banned by the Securities and Exchange Board of India (SEBI) from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday (Aug 25).

SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

Aug 23, 2024, at 08:01 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) — the regulatory body for securities and commodity market in the country — has imposed a five-year ban on industrialist and Reliance Group's managing director (MD) Anil Ambani and 24 other parties, including former senior executives of Reliance Home Finance, from participating in the securities market.

SEBI slaps Rs 11 lakh fine on IIFL Securities for violation of its rules

Aug 22, 2024, at 03:41 am

Mumbai: The capital markets regulator has imposed a fine of Rs 11 lakh on IIFL Securities for violating various circulars and provisions under the Securities Contracts (Regulations) Rules, including borrowing funds from clients, media reports said.

Swiggy to file draft papers for $1.3 billion IPO by first week of September: Report

Aug 21, 2024, at 09:26 pm

Bengaluru/IBNS: Bengaluru-based online food ordering-delivery and quick commerce platform Swiggy, one of India’s most-valued unicorns, will most likely file its draft red herring prospectus with the country’s markets regulator Securities and Exchange Board of India (SEBI) by as early as the first week of September, marking the second-largest Initial Public Offering (IPO) of a venture capital-backed company in India, reports YourStory.

Finance Ministry dismisses reports of investigation of Hindenburg's allegation against SEBI chief

Aug 21, 2024, at 03:19 am

New Delhi: Sources from the Finance Ministry on Tuesday dismissed a media report suggesting that the ministry was considering forming a panel to investigate allegations made by Hindenburg Research against SEBI Chairperson Madhabi Puri Buch, according to a Moneycontrol report.

SEBI's consultation paper advocates for rights issues as preferred fundraising method

Aug 21, 2024, at 01:38 am

Mumbai: Capital market regulator SEBI has released a consultation paper aimed at speeding up the rights issue process.

Hindenburg says SEBI chief Madhabi Puri Buch's response raises 'new critical questions'

Aug 12, 2024, at 03:50 pm

New York-headquartered Hindenburg Research on Monday said market regulator Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch's response to the allegations levelled against her includes several admissions that raise numerous “new critical questions.”

'Discredited short-seller, recycled claims': Adani Group on Hindenburg's new report

Aug 11, 2024, at 08:30 pm

Mumbai: The Adani Group has dismissed the latest report from the US-based short-seller Hindenburg Research, calling it "recycled claims" that had previously been "proven baseless and dismissed by the Supreme Court." The ports-to-power conglomerate stated that the allegations were driven by personal gain, with no regard for facts or the law.