RBI policy, macroeconomic data key for mkts this week Outcome of the RBI policy meeting on Tuesday and macroeconomic data would set the trading sentiment in the stock market this week, say experts. “Expectation of rate-cut and development on the geopolitical front will dominate trading sentiments this week. The major domestic event this week is … 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 →
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 →
SEBI Relaxes Restrictions on More Than 200 Entities SEBI has eased restrictions on more than 200 entities against whom the regulator has taken action in different cases of alleged misuse of stock market platform for tax evasion and suspected money-laundering activities. The entities, which were barred from the securities market in three different cases, have … 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 →
Leading stock exchange BSE will suspend trading in the securities of eight companies from April 20 as they failed to comply with certain listing requirements. In case they comply with the norms by April 14, they would not face trading suspension. The firms that face suspension are Aviva Industries, Bio Green Papers, Kanika Infotech, Madhur … Read More →
Most stock exchanges with dedicated platforms for small and medium enterprises (SME), including top bourse BSE, are seeing overwhelming retail participation in SME stocks, a report said. According to a study by World Federation of Exchanges (WFE), retail investors dominate the BSE SME market, with most being high net worth individuals due to the minimum … Read More →
The following eligibility criteria have been prescribed for listing of companies on BSE, through Initial Public Offerings (IPOs) & Follow-on Public Offerings (FPOs): The minimum post-issue paid-up capital of the applicant company (hereinafter referred to as “the Company”) shall be Rs. 10 crore for IPOs & Rs.3 crore for FPOs; and The minimum issue size … Read More →
Listing means admission of securities to dealings on a recognised stock exchange. The securities may be of any public limited company, Central or State Government, quasi governmental and other financial institutions/corporations, municipalities, etc. The objectives of listing are mainly to : provide liquidity to securities; mobilize savings for economic development; protect interest of investors by … Read More →