SEBI to cut IPO listing time to 4 days Last year in Nov, the market regulator had shortened IPO listing time to six days from 12 days Securities and Exchange Board of India (Sebi) Chairman U K Sinha on Tuesday said the regulator would reduce the timeline for Initial Public Offerings (IPOs) to four days … Read More →
SEBI to audit its governance standards The Securities and Exchange Board of India (SEBI) has decided to practice what it preaches in the area of corporate governance and board structure. To start with, the independent board members will conduct a performance audit of the regulatory body. The capital market regulator is also in favour of … Read More →
SEBI allows options trading in commodities Capital markets regulator Securities and Exchange Board of India (Sebi) on Wednesday allowed commodity derivative exchanges to launch options contracts for trading with the aim of increasing liquidity and attracting more investors to the commodities market. Sebi said commodity options will facilitate hedging by market participants and help deepen … Read More →
SEBI reviewing rules for stock brokers; ‘code red’ to flag off misuse of client money Stock brokers will have to brace for tighter rules while handling clients’ money and stocks. The Securities and Exchange Board of India (Sebi) is carrying out a comprehensive review of rules for stock brokers after it recently came across instances … Read More →
SEBI rejigs norms for companies to raise funds via REIT, InvIT Market regulator Securities And Exchange Board Of India has tweaked the norms for companies to raise funds via Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). Firstly, the number of sponsors for REIT can now go up to 5 from the previous … Read More →
CBI raids: Sebi may approach FinMin The Securities and Exchange Board of India (Sebi) is likely to seek clarity from the Finance Ministry on Central Bureau of Investigation’s (CBI’s) scrutiny of its staffers in various high profile cases. Regulator is believed to be miffed with the extensive searches conducted by CBI on Tuesday at the … Read More →
SEBI reverses stand on self-trades The markets regulator will give the benefit of doubt to entities that have carried out self-trades, or orders that match each other but does not result in ownership change, reversing an earlier stance that all such transactions were manipulative. As many as 270,000 of the average 12.2 million orders executed … Read More →
SEBI meeting likely to gift bonanza to FPIs The Securities and Exchange Board of India (Sebi) is likely to announce a slew of measures pertaining to foreign portfolio investors (FPIs) at its board meeting on Friday. These could include foreign funds to own multiple demat accounts, simplification of account-opening procedures and providing a direct membership … Read More →
Sebi orders freezing of demat, bank a/c of PACL’s 640 group companies Seeking to recover more than Rs 55,000 crore of investors’ money from PACL Group, regulator Sebi has ordered freezing of bank accounts as well as demat and mutual fund holdings of as many as 640 group entities. In a directive to various banks, … Read More →
New curb on promoter shares of suspended firms Securities and Exchange Board of India (Sebi) has imposed a new restriction on promoters of companies suspended from stock exchanges. Sebi has directed freezing of shares of promoters of such delisting-bound companies whose ‘fair value’ is positive, till the promoters of such company provide an exit option … Read More →