SEBI registers over 200 Alternative Investment Funds Markets regulator Sebi has allowed as many as 209 entities to set Alternative Investment Funds, pooled-in investment vehicles for real estate, private equity and hedge funds, over a period of 42 months. The 209 Alternative Investment Funds (AIFs) have been registered with Sebi since August 12. Among the … Read More →
SEBI to tighten disclosure norms for rating agencies Concerned over severe spill-over impact of recent drastic downgrades by rating agencies, market regulator Sebi plans to strengthen its disclosure guidelines for issuance and review of the ratings by such entities. Besides, Sebi is also considering asking the Credit Rating Agencies (CRAs) to hive off their activities … Read More →
SEBI proposes allowing depositories to distribute cash benefit To make it easier for investors to get dividend and redemption payments on a fast-track basis, regulator Sebi proposed new norms to allow depositories to distribute all securities market related cash benefits. A final decision on the issue will be made after taking into consideration the views … Read More →
SEBI to tighten disclosure norms for issurance, review of company ratings by agencies: Concerned over severe spill-over impact of recent drastic downgrades by rating agencies, market regulator Sebi plans to strengthen its disclosure guidelines for issuance and review of the ratings by such entities. Besides, Sebi is also considering asking the Credit Rating Agencies (CRAs) … Read More →
Putting to use alerts generated by its robust surveillance mechanism, regulator Sebi has debarred nearly 1,350 entities from the markets for misusing exchange platform to evade taxes and other manipulations. Besides, stock exchanges have also suspended trading in nearly 200 shares of listed companies while trade has been restricted in more than 150 other stocks … Read More →
Foreign Portfolio Investments (FPIs) will be able to invest an additional Rs 14,000 crore from on Monday in various government securities, including those of the states. The cap has been now raised to Rs 2,00,500 crore from the current Rs 1,86,500 crore. The limits would be enhanced further by another Rs 13,500 crore from July … Read More →
SEBI Bans Unicon Capital Services, Officials Market regulator Sebi today barred Unicon Capital Services and its officials for continuing merchant banking activities even after expiry of the license. According to the Securities and Exchange Board of India (Sebi), Unicon’s certificate of initial registration as merchant banker expired on December 21, 2012 but even after expiry … Read More →
SEBI today started recovery proceeding against Maitreya Services and its two directors for failing to pay over Rs 82 crore with regard to an illegal money pooling case. On January 22, Sebi had asked the company as well as its two directors – Varsha Madhusudan Satpalkar and Janardan Arvind Parulekar – to pay Rs 82 … Read More →
Market regulator SEBI has approved the appointment of Mrugank Paranjape as the MD & CEO of commodity exchange MCX. In a filing to the BSE, MCX has informed that SEBI, vide its letter dated March 30, 2016, has conveyed its approval for the appointment for a period of three years from the date of his … Read More →
SEBI approves IDBI Bank’s request to raise Rs 848 crore from LIC via preferential issue Public sector IDBI Bank on Wednesday said it has raised over Rs 848 crore by allotting equity shares to LIC on preferential basis. IDBI Bank referred Sebi’s approval letter dated March 29, 2016, whereby the market regulator accepted Bank’s request … Read More →