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 →
SEBI to focus on co-operating with domestic, global regulators Market watchdog SEBI will focus on co-operating with other domestic and global regulators for strengthening and promoting a conducive environment for the securities market in the current fiscal. Besides, Sebi’s priority will be achieving its mandated statutory objectives through various policy initiatives targeted towards investor protection, … 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 →
REITs fail to take off despite govt, SEBI push Market regulator SEBI’s norms to allow setting up of real estate investment trusts (REITs) which were announced three years ago are yet to find any takers. While SEBI and the government are trying to do all they can to spark some excitement around REITS, the efforts … Read More →
SEBI tells brokers to provide stock trading documents in 15 Indian languages Amid the government talks with global tech giants to let Indians have email IDs in their local language, markets regulator Sebi has directed all intermediaries in the securities market to start communicating with the investors in vernacular languages, in addition to Hindi and … Read More →
SEBI Eases Rules For Listing of Startups: The Securities and Exchange Board of India (Sebi) has proposed a slew of changes for the start-up listing platform to make it attractive for new-age companies to consider going public in local markets. The regulator said, based on the feedback received from market participants, it has decided to … Read More →
Corporate governance reforms will ensure transparency in boardroom: Sebi CGM The core idea behind corporate governance reforms in India is the promotion of long term sustainability of business enterprises, a top Sebi official said today. Accountancy, independence, transparency and honesty are the prime drivers of the corporate governance regime in the country, said V S … Read More →
Sebi plans new system to crawl social media, websites Markets regulator Sebi is planning to put in place a new system for crawling the internet and social media platforms like Twitter and Facebook for round-the-clock monitoring of market-moving developments. The regulator is looking to rope in an expert independent agency for putting in place this … Read More →
SEBI Simplifies Trading Account Opening Process Making the investor account opening process easier for stock brokers, markets regulator Sebi has allowed them to provide certain standard documents in the electronic format after obtaining the client’s consent. These bulky documents, including Rights and Obligations of stock broker, sub-broker and clients, as also that of beneficial owner … Read More →