SAT dismissed appeals of seven entities, including former promoters, against a Sebi order that barred them from securities market in case of alleged insider trading in Bank of Rajasthan.
The move is to ensure fairness and prevent arbitrary use of latest dispensation provided by the government
Regulators fail to come up with issues to discuss at FSDC sub-committee meeting this month
Sources said the market regulator is yet to give a go-ahead to the exchange
The watchdog has also given time till December 31 to brokers for operating the trading terminals from designated alternate locations
Also, the regulator has tweaked the framework with respect to treatment of unclaimed redemption and dividend amounts
Tyagi says the market regulator is examining free float in listed companies
Capital markets regulator Sebi is in the process of issuing a revised risk management framework for mutual fund industry in view of the changes in the industry landscape which will define the roles
Markets regulator Sebi on Wednesday slapped monetary penalty on Viaan Industries Ltd, Shilpa Shetty Kundra and Raj Kundra, for disclosure lapses and consequent violation of insider trading norms.
The framework covers aspects such as roles and responsibilities of trustees, the board, management and even key personnel of asset management companies.
The Sebi chief said the regulator is examining the minimum shareholding and public float at a concept level.
He also rued that banks are accessing capital markets only for their core or Tier-II capital requirements, and need to access the markets more for raising resources for project finance.
The Sebi chief said that the regulator has been active in the efforts to strengthen the market and several reforms are in the pipeline.
SPACs or blank cheque companies are formed to raise capital in an initial public offering (IPO) with the purpose of using the proceeds to identify and merge with a target company.
The Mauritius-based funds invested in firms that ended up defaulting or were investigated for wrongdoing.
Business Standard brings to you the top headlines on Tuesday
Sebi's move has raised doubts over the role of players like Kuvera, Groww and Paytm Money. Currently, most users prefer these players for most activities that the new platform is designed to do
The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
ESAF Small Finance Bank has filed preliminary papers with capital markets regulator Sebi to raise Rs 998 crore through an initial public offer (IPO).
Merrill Lynch Markets Singapore Pte Ltd has settled a case pertaining to incorrect reporting of offshore derivative Instruments (ODI) in monthly reports filed with capital markets regulator Sebi.