Page 29 - Latest Updates on SEBI
LIC, Centre to sell 60.7% stake in IDBI Bank; DIPAM invites EoIs
DIPAM invites EoIs; last date to submit bids is Dec 16
 "LIC, Centre to sell 60.7% stake in IDBI Bank; DIPAM invites EoIs")
BSE gets SEBI's approval to set up a separate social stock exchange
In July, SEBI notified rules for Social Stock Exchange (SSE) to provide social enterprises with an additional avenue to raise funds
 "BSE gets SEBI's approval to set up a separate social stock exchange")
Sebi panel weighs relaxations in commodity derivatives framework
Looks at how market-wide position limits are calculated for commodity derivatives contracts
 "Sebi panel weighs relaxations in commodity derivatives framework")
Sebi bars Impact Research, proprietor from securities market for 6 months
Markets regulator Sebi has imposed a six-month ban on Impact Research and its sole proprietor Nitin Neema from the securities market for providing advisory services without its authorisation
 "Sebi bars Impact Research, proprietor from securities market for 6 months")
Brickwork's ratings lack transparency, riddled with inaccuracies: Sebi
With the apex regulatory body's move on Brickwork Ratings being seen as one of the toughest regulatory actions against any credit rating firm
Sebi cancels certificate of registration granted to Brickwork Ratings
Orders it to wind down operations in six months
Women directors: Companies not complying with Sebi rules is a worrying sign
The average number of women independent directors in Nifty 50 companies is 1.28. In several countries in Europe the percentage is above 30. It is above 25 in the US
Running accounts Settlement: New Sebi guidelines in motion from Friday
However, industry experts feel that with tighter rules, brokerages will need to have higher working capital and will involve operational risk of transferring large amounts
Sebi clarifies on norms pertaining to instruction slips for share pledging
To curb the misuse of Power of Attorney (PoA) given by clients to stock brokers, Sebi on Thursday widened the scope of the Demat Debit and Pledge Instruction (DDPI)
Sebi orders Brickwork Ratings to wind down operations in six months
In its order, Sebi highlighted several violations by Brickwork, including that it failed to follow a proper rating process and exercise due diligence while providing ratings
Sebi gets tougher with MF industry body for dragging feet on pooling norms
Regulator also unhappy with phase-1 of two-factor authentication framework, asks Amfi for schedule and progress reports
 "Sebi gets tougher with MF industry body for dragging feet on pooling norms")
'Offer for sale' mechanism to get mega boost as Sebi relaxes norms
Among other things, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present
Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion
Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each
Sebi penalises 10 firms for diverting IPO proceeds in Birla Pacific case
Capital markets regulator Sebi has imposed penalties totalling Rs 3.42 cr on 10 entities, including Birla Pacific Medspa and Yashovardhan Birla
Sebi cautions investors against funds raised by unauthorised PMS providers
Capital markets regulator Sebi cautioned investors against unauthorised money mobilisation by entities claiming to provide portfolio management services
Sebi warns investors about fake portfolio managers offering assured returns
Even registered portfolio managers cannot offer products with fixed returns, and are not allowed to accept funds or securities worth less than Rs 50 lakh from a client
IKIO Lighting files papers with Sebi to mop-up funds through IPO
Manufacturer of LED lighting solutions IKIO Lighting Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an IPO
 "IKIO Lighting files papers with Sebi to mop-up funds through IPO")
Deltatech Gaming, Pristine Logistics get Sebi's go-ahead to float IPO
Deltatech Gaming Ltd and Pristine Logistics & Infraprojects Ltd have received Sebi's go-ahead to raise funds through an initial public offering (IPO).
 "Deltatech Gaming, Pristine Logistics get Sebi's go-ahead to float IPO")
Zee offers to shut down major entertainment channel for merger with Sony
The identity of Zee channel offered to shut down is not known yet
 "Zee offers to shut down major entertainment channel for merger with Sony")
Stricter disclosure norms may trigger DRHP filing rush in next two months
Industry players expect companies to advance their DRHP filings before new rules kick in
