Page 269 - Latest Updates on SEBI
Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs
Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float
 "Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs")
Hindujas get another extension to subscribe to IndusInd Bank warrants
New deadline set at Feb 4, 2021, by which time Hindujas must bring in Rs 2,021.45 crore towards subscription
 "Hindujas get another extension to subscribe to IndusInd Bank warrants")
Sebi imposes 2-year ban on individuals for irregularities in Timbor IPO
The regulator had conducted an investigation for the period of June 22 to July 8, 2011 into the scrip of Timbor Home Ltd. The company came out with its IPO in 2011
 "Sebi imposes 2-year ban on individuals for irregularities in Timbor IPO")
Don't fear a studious regulator
If regulators had a greater understanding of market realities, universal conventions, global market practices and their implications, the market would benefit from a better appreciation
Allow insurance, pension funds to invest in lower-rated debt: SBI chief
Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe
 "Allow insurance, pension funds to invest in lower-rated debt: SBI chief")
Securities Appellate Tribunal stays Sebi's Rs 6-crore fine on NSE
The fine relates to NSE allegedly investing in six companies unrelated or non-incidental to the stock exchange business
 "Securities Appellate Tribunal stays Sebi's Rs 6-crore fine on NSE")
Burger King shares more than double in best listing day show in three years
Stock at Rs 138 verus issue price of Rs 60, was locked in upper circuit for some part of the day, with only buyers and no sellers
 "Burger King shares more than double in best listing day show in three years")
Sebi defers T+1 settlement plan after opposition from foreign investors
Measures related to capital markets aimed at providing an impetus to economic growth will be discussed, sources said.
 "Sebi defers T+1 settlement plan after opposition from foreign investors")
Sebi mulls 'formal regulatory framework' for index providers and ETFs
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
 "Sebi mulls 'formal regulatory framework' for index providers and ETFs")
Sebi to have dept to check price manipulation, misuse of IPO funds
The move comes close on the heels of an extensive discussion it had with the finance ministry in November.
 "Sebi to have dept to check price manipulation, misuse of IPO funds")
ED arrests 4 of Chennai firm, alleges role in Rs 1,100 cr investment fraud
ED has initiated investigation under PMLA against Disc Assets Lead India Limited, Chennai and others based on FIR registered by Tamil Nadu Police's Economic Offence Wing
 "ED arrests 4 of Chennai firm, alleges role in Rs 1,100 cr investment fraud")
Franklin Templeton: SC asks Sebi to appoint observer for e-voting process
The apex court said that its December 3 order, in which it had said that for the time being, there will be stay of redemption payment to the unit holders, would continue in the meantime.
 "Franklin Templeton: SC asks Sebi to appoint observer for e-voting process")
Cabinet clears proposed MoU between Sebi, Luxembourg financial regulator
CSSF is the competent authority for the prudential supervision of the entire Luxembourg financial centre, except for the insurance sector
HC seeks govt, RBI views on plea seeking regulation of Big Tech in finance
The Delhi High Court Wednesday sought response of the Centre, RBI, SEBI, IRDAI and National Payments Corporation of India (NPCI)
 "HC seeks govt, RBI views on plea seeking regulation of Big Tech in finance")
We see ESG integration becoming mandatory: Deepak Khurana of Refinitiv
In a Q&A, Deepak Khurana, Director, Sustainable Finance and Lipper, Asia-Pacific at Refinitiv, says India has ranked high on policy community involvement with 99 per cent transparency rating
 "We see ESG integration becoming mandatory: Deepak Khurana of Refinitiv")
63 Moons Technologies to challenge Sebi order in STP services case
Generally, financial firms use STP to pass information electronically in order to optimise the speed at which they process transactions
Future-Reliance deal: Regulator Sebi awaits clarification before go-ahead
In August, Reliance Industries announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business.
 "Future-Reliance deal: Regulator Sebi awaits clarification before go-ahead")
QIP mechanism: Sebi proposes scrapping segregated offering of NCD, warrants
Under the current framework, an investor can either subscribe to the combined offering of NCD instrument with warrants or to the individual securities.
Sebi's proposed delisting norms to boost re-listings, say experts
Companies particularly in IT space could look re-enter the market given attractive valuations for stocks in the sector
 "Sebi's proposed delisting norms to boost re-listings, say experts")
Sahara files contempt petition in Supreme Court against regulator SEBI
Sahara claims SEBI's application seeking deposit of Rs. 62,602 crores from the company is wrong.
 "Sahara files contempt petition in Supreme Court against regulator SEBI")