Page 28 - Latest Updates on SEBI
New twist to rivalry as Kirloskar siblings trade charges over legal fees
Sanjay Kirloskar-led Kirloskar Brothers Ltd refutes claim made by siblings Atul and Rahul that the firm paid Rs 274 crore in professional and legal expenses
 "New twist to rivalry as Kirloskar siblings trade charges over legal fees")
Kirloskar promoters get a breather in the insider trading case
The three-member SAT bench dismissed Sebi's argument that certain entities gained undue advantage of any UPSI
 "Kirloskar promoters get a breather in the insider trading case")
Sebi moves Supreme Court against SAT ruling in NDTV matter: Sources
Sources said Sebi's appeal before the SC is in order to ensure that the SAT order doesn't set a precedent where promoters of listed companies convert loans into shares without triggering an open offer
No immediate plan to get retail investors into NHAI InvIT: CEO Suresh Goyal
The NCD issuance has a 25 per cent reservation for retail investors
 "No immediate plan to get retail investors into NHAI InvIT: CEO Suresh Goyal")
Piramal Pharma receives Sebi's nod to list shares on Indian bourses
Piramal Pharma on Thursday said it has received an approval from the Securities and Exchange Board of India (Sebi) to list shares on domestic stock exchanges
 "Piramal Pharma receives Sebi's nod to list shares on Indian bourses")
Sebi issues framework for dealing with suspension of rating agencies
The regulator has directed CRAs to disclose prominently on their website Sebi's order on suspension or cancellation
 "Sebi issues framework for dealing with suspension of rating agencies")
Sebi rolls out framework for governing council of social stock exchange
Markets regulator Sebi on Thursday came out with a framework for the governing council of social stock exchange, which will have an oversight on the functioning of the bourse
Sebi rejigs committee on commodity derivatives, panel to have 16 members
Markets regulator Sebi has re-constituted its commodity derivatives advisory panel that examines issues related to contract designs and new products in the segment
RBI says regulated bodies can't get fresh ratings from Brickwork Ratings
Sebi carried out a series of inspections against Brickwork, which obtained its licence as a CRA in 2008, starting April 2014, which led to multiple adjudication proceedings against the firm
 "RBI says regulated bodies can't get fresh ratings from Brickwork Ratings")
Inter-regulatory push for the sandbox initiative: Check details here
The Fintech department of the RBI will act as a nodal point for receiving applications under this initiative
 "Inter-regulatory push for the sandbox initiative: Check details here")
Dish TV, 4 others settle non-disclosure of AGM voting results with Sebi
Direct-to-Home operator Dish TV India Ltd and four others have settled with markets regulator Sebi a case pertaining to alleged non-disclosure of voting results of the company's Annual General Meeting
 "Dish TV, 4 others settle non-disclosure of AGM voting results with Sebi")
Sebi issues std operating procedure for inter-operable regulatory sandbox
Sebi came out with a standard operating procedure for inter-operable regulatory sandbox to facilitate testing of products falling in the regulatory ambit of more than one financial sector regulators
Sebi gives go-ahead to HSBC AMC's acquisition of L&T Investment Managers
HSBC MF to subsume MF schemes being operated by L&T MF
Fund houses rush to acquire talent as tightening of compliance rules weighs
New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves
 "Fund houses rush to acquire talent as tightening of compliance rules weighs")
Ananth Narayan Gopalakrishnan assumes charge as whole-time member at Sebi
Narayan, who has been a member of various advisory committees of Sebi and RBI, has been appointed for an initial period of three years.
Sebi ups investment in data, tech for better transparency: Annual Report
Regulator equipped with numerous new algos for surveillance, inspection, says chairperson
Kaynes Technology gets Sebi's go ahead to float IPO to raise funds
Kaynes Technology India Limited (KTIL) has received capital markets regulator Sebi's go ahead to raise funds through an Initial Public Offering (IPO)
 "Kaynes Technology gets Sebi's go ahead to float IPO to raise funds")
Funds mismatch under new settlement process may invite stricter Sebi norms
According to the new mandate, stock market brokers are required to transfer unused funds back to the client's account at least once each quarter
 "Funds mismatch under new settlement process may invite stricter Sebi norms")
Tweaking IPO rules won't stop mispricing
Sebi has announced "stricter information disclosures" in an effort to bring down the "information asymmetry" between issuers and investors
Considering appropriate legal recourse against Sebi's order: Brickwork
Market regulator scrapped rating agency's registration for repeated lapses
 "Considering appropriate legal recourse against Sebi's order: Brickwork")
