Market players suggest that the move could be specifically aimed at vetting applicants from China wanting to register as FPIs
Nearly 80 per cent of FPIs coming from Mauritius are currently classified as Category-II
Recently, the Association of Mutual Funds in India (AMFI), had written to Sebi regarding relaxation relating to valuation of PTCs if underlying loans are given a moratorium.
Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'.
Enforcement apart, this is a good time to think about getting some structural reform underway
Piecemeal regulatory forbearance will not go far and tougher questions will be asked of both Mint Road and banks, reports Raghu Mohan
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Equity scheme investors will have to invest before 1 pm to get same day's net asset value
In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs
Sebi reduced the trading hours on commodity markets to 9 am-5 pm from the earlier 9 am-11:30 pm to help exchange employees and traders practise social distancing.
NCDEX extends settlement date by 10 days even as volume halved in lockdown
The regulation was aimed at increasing voting participation and improving corporate governance standards
The relaxation is being given for three months, in line with the RBI's moratorium
The decision to continue with the second phase came after representations were made to Sebi by various stakeholders amid prevailing uncertainty due to the Covid-19 pandemic
The relaxation has been extended till the period of moratorium given by the RBI
In separate circulars, the regulator said merchant bankers and other intermediaries can submit all relevant documents like draft red herring prospectus (DRHP) in PDF form through email to Sebi.
Over Rs 2.59 trillion worth of debt papers see downward rating in February
Sub-optimal responses against viral pandemics and crony lending would keep resurfacing if voters do not hold govts accountable
SEBI issued the final observations to the lenders proposal on March 20, 2020.
Sebi has also granted three-month extension for yearly committee meetings and has provided temporary exemption to listed firms from publishing newspaper ads