Page 306 - Latest Updates on SEBI
Sebi fines 8 firms for fraudulent trading in BSE's illiquid stock options
After observing large-scale reversal of trades in the illiquid stock options segment of the BSE, the Sebi conducted a probe in the segment between April 2014 and September 2015
 "Sebi fines 8 firms for fraudulent trading in BSE's illiquid stock options")
Religare Finvest gets relief from appellate tribunal in fund diversion case
Tribunal pulls up Sebi for passing contradicting orders
 "Religare Finvest gets relief from appellate tribunal in fund diversion case")
Pass fresh order in Religare Finvest's fund diversion matter: SAT to Sebi
SAT has directed RFL to maintain its assets worth Rs 200 crore for a period of three months
 "Pass fresh order in Religare Finvest's fund diversion matter: SAT to Sebi")
Regulatory transparency still a far cry from instilling public confidence
While RBI's recent move to make the minutes of its Central Board meeting public is welcome, regulators across sectors are generally loath to reveal cost-benefit analyses of their decisions
 "Regulatory transparency still a far cry from instilling public confidence")
SC expunges SAT's adverse comments against Sebi in investor complaint case
Market regulator had taken on SAT, stating that a computer-generated response by Sebi can't be regarded as an order. It also said SAT had exceeded its jurisdiction in making adverse remarks against it
Rating agencies move RBI, Sebi over new rule on loan default disclosures
Sources said CRAs highlighted the differential disclosure norms for bond and bank-loan defaults could lead to information asymmetry and affect the rating process, leaving scope for manipulation
 "Rating agencies move RBI, Sebi over new rule on loan default disclosures")
Narayana Murthy exhorts pension funds, banks to invest in Indian startups
Pai warned that "we risk the prospect of turning into a digital colony" by 2025, seeking to draw parallels with imperialism
 "Narayana Murthy exhorts pension funds, banks to invest in Indian startups")
After Jhunjhunwala comes under Sebi lens, his key investments underperform
Four of his top five holdings underperformed the benchmark S&P BSE Sensex. They were down an average of 1.2 per cent, as against a 0.5 per cent fall in the Sensex
 "After Jhunjhunwala comes under Sebi lens, his key investments underperform")
Restaurant chain Burger King India gets Sebi's approval to float IPO
The regulator's observations are necessary for any company to launch public issues such as initial public offer, follow-on public offer and rights issue
 "Restaurant chain Burger King India gets Sebi's approval to float IPO")
Market Wrap, Jan 28: Sensex ends below 41K-mark; Maruti dips 2% post Q3 nos
Heavyweight Bharti Airtel declined 4 per cent in the afternoon trade today and was the top loser after media reports suggested that the company has been blacklisted by DGFT
 "Market Wrap, Jan 28: Sensex ends below 41K-mark; Maruti dips 2% post Q3 nos")
Sebi diktat hits commercial papers; traded volume slips to Rs 34,659 crore
Experts say the Sebi rule has played a part but it is also a reflection of the funding crisis that NBFCs are going through.
 "Sebi diktat hits commercial papers; traded volume slips to Rs 34,659 crore")
Rakesh Jhunjhunwala under Sebi probe for insider trading in 2016: Reports
The billionaire investor is being probed for insider trading in education firm Aptech, according to reports
Sebi's expert panel proposes stricter related-party regulations
The recommendations are made by a nine-member expert panel led by Ramesh Srinivasan, managing director & CEO, Kotak Mahindra Capital
 "Sebi's expert panel proposes stricter related-party regulations")
Govt starts search for next Sebi chief; Ajay Tyagi's term ends on 1 March
Tyagi took charge from his predecessor U K Sinha on March 1, 2017, for five years but it was later slashed to three years
 "Govt starts search for next Sebi chief; Ajay Tyagi's term ends on 1 March")
Sebi panel proposes overhaul of norms governing related party transactions
Under the proposal, related party should be any person or entity belonging to the promoter or promoter group of the listed entity
To check volatility, Sebi rationalises framework for commodity derivatives
Given the wide variation of liquidity and volatility among different commodity derivatives, the regulator in consultation with other stakeholders has decided to rationalise the margin system
Govt likely to allow Indian companies list their equity shares overseas
Currently, quite a few Indian companies have American Depository Receipts (ADRs) that are traded in the US. Some other corporates have their Global Depository Receipts (GDRs).
 "Govt likely to allow Indian companies list their equity shares overseas")
Sebi to rationalise margin system in derivatives segment to boost liquidity
The regulator is expected to come out with the new margining system this week
FPIs set to seek clarity from RBI, Sebi on debt default resolution
This comes after the central bank hiked the short-term investment limit for FPIs in both corporate and government debt, last week, to 30 per cent from 20 per cent
 "FPIs set to seek clarity from RBI, Sebi on debt default resolution")
New India Assurance settles insider trading norms violation case with Sebi
The move comes after the insurer filed an application proposing to settle