Page 89 - Latest Updates on SEBI
Sebi bars Biocon's official from securities mkt for 3 months, levies fine
Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms.
 "Sebi bars Biocon's official from securities mkt for 3 months, levies fine")
Sebi fines 4 entities for non-genuine trades in illiquid stock options
Capital markets regulator Sebi imposed a total fine of Rs 29 lakh on four entities for fraudulent and manipulative trading in illiquid stock options segment on the BSE
 "Sebi fines 4 entities for non-genuine trades in illiquid stock options")
Best of BS Opinion: Four years of GST, towards better governance & more
Here are the best of Business Standard's opinion pieces for Thursday
 "Best of BS Opinion: Four years of GST, towards better governance & more")
Don't find residential rental yields attractive enough? Opt for REITs
Returns are likely to be higher, but payouts are not guaranteed and prices will fluctuate on exchanges
 "Don't find residential rental yields attractive enough? Opt for REITs")
Sebi's diktat on greater 'skin in the game' may slow down NFO gravy train
At present, AMCs have to invest the lesser of 1% of amount raised during a NFO or Rs 50 lakh. Sebi board has now linked minimum amount to the risk associated with each scheme
 "Sebi's diktat on greater 'skin in the game' may slow down NFO gravy train")
Sebi extends deadlines for brokers' regulatory compliances by a month
New timeline will apply to maintenance of call recordings of orders from clients, funding reporting and permission to operate trading terminals from alternate locations
Sebi gives more time to brokers, clearing members to comply with rules
Sebi on Wednesday extended deadlines for complying with certain regulatory requirements by stock brokers, clearing members and KYC registration agencies in view of the ongoing COVID-19 pandemic.
Promoters of over 500 listed firms lose monopoly over independent directors
Voting threshold in favour of appointments will now be 75 per cent, according to Sebi norms.
 "Promoters of over 500 listed firms lose monopoly over independent directors")
Towards better governance
New norms for independent directors need strict monitoring
 "Towards better governance")
Sebi's move to introduce accredited investors concept to benefit AIFs
Capital markets regulator Sebi's decision to introduce the concept of accredited investors' will enhance the attractiveness of alternate investment funds (AIFs), experts said on Wednesday.
Sebi overhauls norms for appointment, removal of independent directors
Move designed to reduce sway of promoters; regulator also prunes minimum application amount for REITs and InvITs to Rs 10,000-15,000.
 "Sebi overhauls norms for appointment, removal of independent directors")
Sebi starts cross margin facility on commodity futures to boost liquidity
The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular
Top headlines: India approves Moderna vaccine; Sebi announces reforms
Business Standard brings you the top news of the evening
 "Top headlines: India approves Moderna vaccine; Sebi announces reforms")
Sebi introduces framework for accredited investors in securities market
Regulator says appointment and removal of independent directors can be done through a special resolution of shareholders.
Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi
Airlines is depending on the IPO proceeds to repay debt and dues to creditors including Indian Oil Corp.
 "Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi")
Aditya Birla Sun Life IPO put on hold by markets regulator Sebi
The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer
Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance
Issuance of observations by Sebi implies approval for a public offering
 "Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance")
SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order
In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020
 "SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order")
Top headlines: Steel leads in capacity expansion, GCCs bet on Indian talent
Business Standard brings you the top headlines on Monday
 "Top headlines: Steel leads in capacity expansion, GCCs bet on Indian talent")
Govt's Rs 50K-cr Fund of Funds scheme for small businesses hits Sebi hurdle
The move will help such small businesses get listed on the domestic bourses as well
 "Govt's Rs 50K-cr Fund of Funds scheme for small businesses hits Sebi hurdle")