Page 314 - Latest Updates on SEBI
Karvy a tip of iceberg: Lens on 3 dozen brokers for Rs 10k-crore fund abuse
Sources say the issue is not limited to just Karvy Stock Broking, with over three dozen more brokers under lens for misappropriating client funds to the tune of Rs 10,000 crore
How the Karvy case brought another three dozen brokers under Sebi's radar
Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country
 "How the Karvy case brought another three dozen brokers under Sebi's radar")
Karvy Group's mistakes likely to cost firm stock broking business
KSBL is among the country's top 10 brokerage companies, with 244,000 customers in the country
 "Karvy Group's mistakes likely to cost firm stock broking business")
Karvy ban shows India must get rid of dodgy brokers to back healthy equity
India is hardly immune to the global trend of sliding fees and trading commissions.
 "Karvy ban shows India must get rid of dodgy brokers to back healthy equity")
From ICICI to LVB, banks may make accelerated provisioning for Karvy Group
A banking source said Karvy has not defaulted as yet and the management has given comfort to banks that the group is adequately funded and there will be no default
Karvy a tip of iceberg: Lens on 3 dozen brokers for Rs 10k-crore fund abuse
The issue has come to light after several brokers missed the August 31 deadline set by Sebi for returning client funds
Sebi plans to rope in agency to implement data analytics project
The move is part of Sebi's effort to address and handle challenges arising out of technological advancements in the markets
 "Sebi plans to rope in agency to implement data analytics project")
RCEP offer 'was not as much as our aspirations', says FM Sitharaman
She also said that she held discussions with credit rating agencies on their methodology to assess risk
 "RCEP offer 'was not as much as our aspirations', says FM Sitharaman")
Sebi bans Karvy Stock Broking for Rs 2,000 crore client defaults
Sebi said the unauthorised use of clients' funds creates a serious doubt over the conduct and integrity of KSBL
 "Sebi bans Karvy Stock Broking for Rs 2,000 crore client defaults")
GDR manipulation: Bhoruka Aluminium, officials fined Rs 10.65 cr by Sebi
The regulator in a probe conducted between November-December 2010 noted that the firm had issued 1.12 million GDRs amounting to $10.38 million
Sebi plans to invite applications to process investor complaints
The mandate for the agency is to receive grievances from investors through physical or electronic mode and categorise them
 "Sebi plans to invite applications to process investor complaints")
Kiran Mazumdar Shaw settles 'insider trading case' with Sebi in Infy matter
Accordingly, she filed a settlement application without admitting or denying the default and remitted Rs 3,01,758 in September 2019.
 "Kiran Mazumdar Shaw settles 'insider trading case' with Sebi in Infy matter")
Mutual funds to gain as Sebi tightens norms for portfolio managers
The regulator will also prescribe a formula for profit sharing
 "Mutual funds to gain as Sebi tightens norms for portfolio managers")
SBI made many poor commercial decisions in the past decade: MD Arijit Basu
SBI's market capitalisation on Friday stood at a low Rs 2.95 trillion, which is just about 42% of private sector HDFC Bank's Rs 7.02 trillion
 "SBI made many poor commercial decisions in the past decade: MD Arijit Basu")
FATF notice against N Korea, Iran: Sebi informs capital market stakeholders
It has previously also issued such warnings for risks attached with Iran and North Korea, and the subsequent caution notices have been issued by Sebi and the Reserve Bank of India.
Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt
Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.
 "Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt")
Strengthening regulation
Sebi should have taken up the issue of auditors' resignations
Top biz headlines: Govt to sell stake in PSUs, labour law reforms, and more
From financial relief to telcos to states considering legal action against Centre for delay in GST dues, Business Standard brings you the top business headlines for the day
 "Top biz headlines: Govt to sell stake in PSUs, labour law reforms, and more")
Sebi makes it mandatory for listed firms to disclose each loan default
Regulations on rights issue, portfolio managers revamped
Trading glitches at NSE need to be fixed, says Sebi chief Ajay Tyagi
Meanwhile, Tyagi said the regulator is looking at the issue of who is a promoter and would provide more clarity on the issue.
 "Trading glitches at NSE need to be fixed, says Sebi chief Ajay Tyagi")