Page 316 - Latest Updates on SEBI
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")
Now, seller returning cash to realty buyer
The government needs to make the method of calculating the ready-reckoner rate for each locality completely data driven and transparent
Will take action against firms not divulging whistleblower complaints: Sebi
In recent times, there have been instances of alleged delays in disclosure of whistleblower complaints and bad loans
 "Will take action against firms not divulging whistleblower complaints: Sebi")
Sebi needs to be muscular, build trust among whistleblowers: Ajay Tyagi
Sebi is looking into the whistleblower complaint of alleged lapses at Infosys
Top 1,000 listed firms must prepare annual biz responsibility report: Sebi
The key areas required to be reported by the entities include environment, social, governance and stakeholder relationships
NCLAT approves RIL's plea to delist Alok Industries from exchanges
The appellate tribunal observed that Sebi in its affidavit had also said that there is no requirement for permission of the market regulator for such delisting
 "NCLAT approves RIL's plea to delist Alok Industries from exchanges")
Mutual funds will join DHFL's IBC resolution process: Sebi chief Tyagi
Mutual funds, which have lent substantial sums of money to DHFL had not joined previous attempts at resolution, after financial woes at the company came to light
Sebi approves stricter loan default disclosure norms for listed companies
Sebi would revise the norms for issuance of shares on right basis to existing shareholders
 "Sebi approves stricter loan default disclosure norms for listed companies")
Sebi gives directions on margin collection and reporting in cash segment
Clients must ensure that the VaR margins and ELM are paid in advance of trade and other margins are paid as soon as margin calls are made by the stock exchanges, TMs or CMs.
 "Sebi gives directions on margin collection and reporting in cash segment")
Sebi mulls direct plans for AIFs, PMS to help investors save on expenses
The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance
 "Sebi mulls direct plans for AIFs, PMS to help investors save on expenses")
Companies Act amendment likely to trigger easier rights issue norms
Vodafone Idea and Bharti Airtel both raised Rs 25,000 crore through a rights issue earlier this year
 "Companies Act amendment likely to trigger easier rights issue norms")
Sebi to spend Rs 500 crore on IT projects in next five years: Ajay Tyagi
On challenges, Tyagi said there are broader challenges, including compliance requirements
 "Sebi to spend Rs 500 crore on IT projects in next five years: Ajay Tyagi")
PwC-Satyam case: SC restores Sebi's power to restrain erring auditing firms
The apex court move comes as a big relief to Sebi as the SAT order had led to jurisdictional ambiguity
Sebi bans Pine Animation, 72 others from market for platform manipulation
The entire modus operandi of the case was first allot shares of the company on a preferential basis
 "Sebi bans Pine Animation, 72 others from market for platform manipulation")
IPO market sees signs of recovery; 27 firms raise Rs 18000 crore so far
Slew of companies in process of filing, re-filing public issue documents with the regulator
 "IPO market sees signs of recovery; 27 firms raise Rs 18000 crore so far")
SC stays tributal order that held Sebi had no powers to bar auditors
The tribunal had also pointed out that SEBI has no authority to look into the quality of audit and auditing services
 "SC stays tributal order that held Sebi had no powers to bar auditors")
SAT pulls up Sebi for 'shabby' handling of complaints from investor
It said that disposal of the complaints by the markets regulator was merely an eyewash
 "SAT pulls up Sebi for 'shabby' handling of complaints from investor")
Sebi lays down mechanism to map unique client code with demat account
Sebi has asked the bourses to share the UCC data having PAN, segment, TM/CM (clearing member) code and the allotted UCC with the depositories
Network18 case: Sebi says no open offer needed on investments involving IMT
Under the ZOCD agreement, IMT was to invest funds received from Reliance Industrial Investments and Holdings Limited
Sebi allows exchanges to modify commodity derivatives contracts
Sebi has classified non-material modifications as symbol, description, tick size, strikes, margins etc