Page 254 - Latest Updates on SEBI
Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi
Digital lender Fincare Small Finance Bank has filed preliminary papers with capital market regulator Sebi to raise Rs 1,330 crore through an initial share-sale.
 "Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi")
FPIs seek three months more to implement Sebi diktat on monitoring DRs
Cite legal hurdles and challenges in implementing the circular in its present form
 "FPIs seek three months more to implement Sebi diktat on monitoring DRs")
Special procedure for action on expulsion from bourse's membership notified
Markets regulator Sebi has come out with a special procedure for action on expulsion from membership of stock exchanges and clearing corporations.
 "Special procedure for action on expulsion from bourse's membership notified")
Start-ups listing: Sebi reduces holding period for pre-issue capital
With an aim to boost listing of start-ups, markets regulator Sebi has notified a slew of relaxations to norms
 "Start-ups listing: Sebi reduces holding period for pre-issue capital")
Political, religious firms not allowed on social stock exchange: Sebi panel
Recommends creation of capacity building fund of Rs 100 cr
 "Political, religious firms not allowed on social stock exchange: Sebi panel")
Sebi vets stake control in Zomato's IPO papers for China firm's role
Regulator scans startup's prospectus to check if Jack Ma's Ant group will be issued bonus shares/rights shares.
 "Sebi vets stake control in Zomato's IPO papers for China firm's role")
Compliance timelines eased for debenture trustees amid Covid-19
The move comes after Sebi received representations from debenture trustees in this regard, the regulator said in a circular
Regressive regulation
New compensation rule for AMCs is illogical
Chemplast Sanmar files Rs 3,500-cr IPO papers
Chemplast Sanmar Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 3,500 crore through an initial share sale
 "Chemplast Sanmar files Rs 3,500-cr IPO papers")
Sebi's new compensation rule to create arbitrage in favour of index funds
Index funds, ETFs, overnight funds and close-ended funds have been exempted from the new rule.
Compliance norms eased for companies, market participants amid Covid crisis
The securities market regulator SEBI has relaxed several compliance norms for listed companies and market participants
New Sebi norms on compensation: Mutual fund houses fear losing talent
To seek changes in circular asking to pay 20% salary to key staffers in scheme units
 "New Sebi norms on compensation: Mutual fund houses fear losing talent")
Sebi gives India Inc more time to report earnings amid second Covid-19 wave
Deadline for March quarter and annual results ends on May 15 and May 30 respectively. The market regulator has extended both to June 30
Fund houses to press for modifications to Sebi compensation circular
Among the most important tweak sought by the industry will be to reduce the ambit of 'key employees'
 "Fund houses to press for modifications to Sebi compensation circular")
Rules can be simpler and yet have an impact: Radhika Gupta
There are several layers to the Sebi circular on AMC employee compensation, which could have widespread ramifications
 "Rules can be simpler and yet have an impact: Radhika Gupta")
Minimum 20% key AMC employee compensation to be in mutual fund units: Sebi
Allotment to be done every month; units allotted subject to 3-year lock in, says market regulator
Zomato eyes raising $1.1 bn through initial public offering, files DRHP
The IPO offer includes a fresh issue by the company worth Rs 7,500 crore, and and an offer for sale by the selling shareholder Info Edge
 "Zomato eyes raising $1.1 bn through initial public offering, files DRHP")
Best of BS Opinion: IPL in India, RBI's new challenge amid Covid, and more
Here are the best of Business Standard's opinion pieces for Wednesday
 "Best of BS Opinion: IPL in India, RBI's new challenge amid Covid, and more")
'Judicial' regulation at Sebi
A mechanism to separate Sebi's judicial and executive powers is central to creating a regulator more in tune with the rule of law
 "'Judicial' regulation at Sebi")
MFs struggle to crack B30 code, shares remain in 15-17% range of AUM
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors
 "MFs struggle to crack B30 code, shares remain in 15-17% range of AUM")