Page 319 - Latest Updates on SEBI
Sebi formalises graded exit load structure on liquid funds
In a letter, it informed the Association of Mutual Funds in India (Amfi) that it approved of the proposal on graded exit loads made by the industry body
 "Sebi formalises graded exit load structure on liquid funds")
Sebi provides clarity on code of conduct under insider trading rules
Noting that this position is based on the information furnished, Sebi said, "different facts or conditions might lead to a different interpretation"
 "Sebi provides clarity on code of conduct under insider trading rules")
Promoters sell 22% stake in Bajaj Consumer Care for Rs 700 crore
With this transaction, the promoters' stake will fall to 38 per cent and their pledged stake will come down to zero from 63 per cent
 "Promoters sell 22% stake in Bajaj Consumer Care for Rs 700 crore")
UK Sinha-led panel's plan for phased roll-out of group insolvency norms
UK Sinha-led committee recommends coordination in domestic companies of a group in the first phase
 "UK Sinha-led panel's plan for phased roll-out of group insolvency norms")
Kerala-based CSB Bank gets Sebi's go-ahead to float initial public offering
The private sector lender, which filed draft papers with the markets regulator in August, received its observations on October 1, latest update with Sebi showed
 "Kerala-based CSB Bank gets Sebi's go-ahead to float initial public offering")
Sebi announces guidelines for issue of depository receipts by Indian cos
NRIs barred from investing in shares issued by Indian companies in overseas market
Piramal knocks Sebi's door to counter rumours about financial services biz
Rumour mongering on blogs and social media platforms is being done to create panic among various stakeholders, PEL said in a filing with the exchanges
 "Piramal knocks Sebi's door to counter rumours about financial services biz")
Gaps, overlaps, traps and mishaps
The SEBI-SAT standoff is expected to end up in the Supreme Court
IL&FS case: CVC intervenes in Sebi's probe of credit rating agencies
Further, it has asked Sebi to share its findings that explain late detection by rating firms
 "IL&FS case: CVC intervenes in Sebi's probe of credit rating agencies")
Poor disgorgement could mar Sebi's reward scheme to curb insider trading
Under the scheme, the monetary reward will be 10% of the amount disgorged by the wrongdoer or Rs 1 crore, whichever is lower
 "Poor disgorgement could mar Sebi's reward scheme to curb insider trading")
Sebi may liberalise norms for issuing offshore derivative instruments
P-notes with derivatives as underlying may be allowed
Restrictions on Indian Infotech & Software's four promoter entities revoked
Sebi had placed trading restrictions on the promoters/ directors of the company
Ajay Tyagi-led Sebi team apprises US investors of trends in Indian economy
Meetings held in three cities, Sebi says participants showed interest in Reits, AIFs; scope of infra projects, stressed assets, disinvestment, Gift City highlighted
 "Ajay Tyagi-led Sebi team apprises US investors of trends in Indian economy")
IREDA, Shyam Steel Industries receive Sebi's approval to launch IPO
As per the draft papers, the IREDA's IPO comprises sale of 13.9 crore shares or about 15 per cent stake of the company
Mutual fund houses load up on government securities and treasury bills
MF schemes deployed Rs 1.8 trillion in G-Secs and T-bills in August, which is 52 per cent higher than in last August
 "Mutual fund houses load up on government securities and treasury bills")
Sebi allows MFs to invest in unlisted NCDs up to 10% of debt portfolio
This would be subject to such investments in unlisted NCDs having simple structures being rated, secured and with monthly coupons
Sebi, Ministry of Corporate Affairs plan to turn up heat on rating firms
Credit rating agencies may be told to follow norms set for bourses; move will change ownership structure
 "Sebi, Ministry of Corporate Affairs plan to turn up heat on rating firms")
Over Rs 1.6 trillion debt downgraded by credit rating agencies in August
Credit risks have continued to weigh on the debt markets, with debt programmes worth Rs 1.64 trillion being downgraded in August. So far in FY20, Rs 10 trillion worth of debt has been downgraded
 "Over Rs 1.6 trillion debt downgraded by credit rating agencies in August")
BS Fund Manager: Can mutual funds win back the confidence of investors?
Given the recent credit events and equity market volatility, the going may not be easy for fund houses
 "BS Fund Manager: Can mutual funds win back the confidence of investors?")
Overweight positions in banks, industrials helped HDFC: CIO Prashant Jain
Given this background, an outperformance of nearly 9 percentage points over the Nifty 100 benchmark is no small feat
 "Overweight positions in banks, industrials helped HDFC: CIO Prashant Jain")