Thanks to a 173-page report by a six-member panel appointed by India's Supreme Court, we now have a fairly good idea of where the country's probe into the Adani Group is headed: Nowhere
Sebi proposal wants AMCs to design internal systems to identify misconduct of employees
Currently, listing happens after six days from the closure of IPO
The Securities and Exchange Board of India (Sebi) has sought comments from the public till June 3 on the proposal
Capital markets regulator Sebi on Saturday proposed that AMCs set up surveillance and internal control systems for the deterrence of possible market abuse and fraudulent transactions
The proposal is aimed at making the entire redressal process of grievances in the securities market comprehensive
With an aim to boost liquidity in the secondary market for corporate bonds, markets regulator Sebi on Friday came out with a proposal for enabling direct participation by clients
Report spells relief for Adani group, Sebi
The report said that within Sebi (as any other regulator), the doctrine of separation of powers must be followed in letter and spirit
A study published by Sebi in January showed that only one in 10 F&O traders turned out to be profitable during FY22
Hindenburg had taken position on Adani overseas listed securities
Sebi's proposed sweeping changes to mutual funds' Total Expense Ratio will curb distributor practices of unnecessary switching of schemes and pushing new fund offerings for higher commissions
It further said there is a need for an effective enforcement policy that is "coherent and consistent" with the legislative position adopted by Sebi
In a briefing called by the committee, Sebi said it did not find any evidence of "wash trades" even after putting Adani group scrips under various surveillance measures
On price volatility, the committee said that the Indian market was 'not unduly volatile' after the Hindenburg report on Adani was revealed in January
Market regulator also proposes mandatory renewal of AIF registrations on completing five years
Proposes to bring expenses like brokerage, transaction, and GST within the total expense ratio
Changes in eligibility requirements to ensure due-diligence of money coming from this route to India
The guests have been invited to meet the senior officials of the conglomerate and wine and dine at a five-star hotel near Mumbai's international airport
Capital markets watchdog Sebi on Thursday proposed to streamline regulatory framework for registration of Foreign Venture Capital Investors (FVCIs)