Page 203 - Latest Updates on SEBI
Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers
Nandan Terry, part of the Chiripal group, has decided to withdraw its Rs 255-crore initial public offering (IPO).
 "Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers")
Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO
The initial share-sale of Bharat FIH comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale of up to Rs 2,502 crore by promoter group and Foxconn unit Wonderful Stars
 "Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO")
Sebi clarifies on applicability of AIFs and portfolio manager rules
Investment managers of an AIF (alternative investment fund) can provide investment management services to the offshore fund only by getting registered as portfolio managers, according to Sebi.
 "Sebi clarifies on applicability of AIFs and portfolio manager rules")
Make nomination the third route of succession
Even in an august gathering such as the one at Vigyan Bhavan, the percentage of people who had made their Will would be in the low double-digit
Tech used by casinos in Las Vegas may help Sebi tackle insider trading
Not just India, but several global financial regulators are considering such AI programmes to nail securities law violators such as insider trading
 "Tech used by casinos in Las Vegas may help Sebi tackle insider trading")
Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson
Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data - areas where Sebi is trying to 'stay ahead of the curve'
 "Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson")
Two entities pay Rs 2.43 cr to settle insider trading case with Sebi
Quick Trading and Investment Advisors LLP and Vipul D Modi have settled with market regulator Sebi in case pertaining to insider trading after paying settlement amount totalling Rs 2.43 crore.
 "Two entities pay Rs 2.43 cr to settle insider trading case with Sebi")
Sebi warns investors against unregulated platforms offering algo trading
"These platforms are unregulated and thus there is no investor grievance redressal mechanism covering their activities," Sebi said.
'Be careful': Sebi lets off Tata Motors with warning in 18-year old case
Sebi has let off Tata Motors with a warning to be "more careful" in its future dealings in the securities market, saying any orders passed at this stage may not practically serve any purpose
Sebi tweaks cybersecurity and cyber resilience framework for AMCs
The new framework will come into force from July 15
SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty
The Securities Appellate Tribunal (SAT) has directed businessman Malvinder Singh and Malav Holdings to deposit 50 per cent of the penalty amount imposed by markets regulator Sebi within six weeks
 "SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty")
FM Sitharaman wishes Sebi chairperson speedy recovery from Covid-19
Finance minister Nirmala Sitharaman on Wednesday wished Sebi chairperson Madhabi Puri Buch a speedy recovery from Covid.
 "FM Sitharaman wishes Sebi chairperson speedy recovery from Covid-19")
Sebi orders attachment of Rose Valley' accounts to recover Rs 5,000 cr
Markets regulator Sebi on Wednesday ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley and its then directors to recover investors' dues
Sebi orders attachment of bank, demat accounts of Rose Valley Hotels
This recovery proceeding has been initiated against them to recover Rs 1,006.70 crore collected by the company through the issuance of non-convertible debentures (NCDs) to investors
Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
 "Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank")
Fidelity front running: Sebi slaps over Rs 4.28 cr penalties on 11 entities
Sebi on Friday slapped penalties worth more than Rs 4.28 crore on 11 entities for front running trades of 21 Fidelity Group entities besides barring them from the securities market for varying periods
Sebi imposes 5-year market ban on two individuals in front-running case
In another development, Sebi also revoked an order passed against Abhay Bhutada, MD and CEO of Poonawalla Finance
NSE warns trading members against trades from 'unrealistic prices'
This comes a day after a 'fat-finger' trade was executed in derivatives segment
 "NSE warns trading members against trades from 'unrealistic prices'")
Sebi revokes order against Poonawalla Finance MD & CEO Abhay Bhutada
Proceedings against other entities to continue
Sebi allows virtual annual meetings for InvITs, REITs till end of December
Markets regulator Sebi on Friday allowed InvITs and REITs conduct annual meetings of their unitholders and other meetings through video-conferencing and other audio-visual means.