Capital markets regulator Sebi has imposed fines totalling Rs 6 lakh on three individuals for violating the insider trading norms in the shares of PVR Ltd.
Buch said several decisions taken by the Sebi board were aimed at liberalisation and promoting market development
According to a circular issued by the markets regulator on Friday, investors will have to authenticate new investments in mutual funds through a one-time password from April 1, 2023.
SEBI has agreed with Digit's reasoning and decided to remove the IPO's "abeyance" status from Monday and restart the review process, the two sources said
Airox Technologies has a market share of 50-55%, in terms of operational private hospital PSA medical oxygen market, as of fiscal 2022, according to the draft papers
The rule mandates a portfolio manager to segregate each clients' funds and portfolio of securities and keep them separately from his own funds
The move will provide flexibility in the approval process for appointment or removal of independent directors
The direction came after complaints against 15 entities, who were allegedly involved in activities of rendering investment advisory for the period Apr-Nov 2019 without obtaining requisite registration
"It has now been decided to extend the Two-Factor Authentication for subscription transactions in the units of mutual funds as well," Sebi said
For IPOs, the regulator cleared the proposal mandating the issuers to disclose the offer price based on past transactions and fund raising activities
It was alleged that these four persons violated Sebi's regulations that prohibit insider trading activities.
The new guidelines, came after Sebi's board approved a proposal in this regard in June, will come into force with immediate effect
Two companies -- Enviro Infra Engineers Ltd and Udayshivakumar Infra Ltd -- have filed preliminary papers with capital markets regulator Sebi to raise funds through Initial Public Offerings (IPOs)
The Securities and Exchange Board of India (Sebi) is set to allow confidential pre-filing of offer documents to safeguard sensitive business information
Sebi has barred The Apex Global and its proprietor Yadunath Singh Thakur from securities markets for four years and directed them to refund money collected from investors
Under the rule, CRAs can assign the suffix 'CE' (Credit Enhancement) to the rating of instruments having explicit credit enhancement.
REITs and InvITs are relatively new investment instruments in the Indian context but are extremely popular in global markets.
CLOSING BELL: Among sectors, the Nifty Metal, and PSU Bank indices dipped 2 per cent each, while the Nifty Pharma index gained 0.6 per cent
The Securities and Exchange Board of India (SEBI) has moved the Supreme Court against New Delhi Television (NDTV), the media company said
Under the new mechanism, non-banking finance companies (NBFCs) are providing up to Rs 8 lakh on a margin amount of Rs 2 lakh for a flat fee of Rs 2,000, said industry sources.