Page 321 - Latest Updates on SEBI
Govt plans to reduce stake in MMTC to 75%; STC, PEC may shut down
MMTC saw annual profit after taxes rise to Rs 81.43 crore in 2018-19, from Rs 48.84 crore in the year before, whereas with massive overheads, STC and PEC have both reported losses
 "Govt plans to reduce stake in MMTC to 75%; STC, PEC may shut down")
Sebi's Ajay Tyagi to woo foreign portfolio investors amid bearish sentiment
Sebi Chairman Tyagi will meet foreign investors. The meeting comes at a time when FPIs have pulled out $5 billion from the domestic markets this quarter
 "Sebi's Ajay Tyagi to woo foreign portfolio investors amid bearish sentiment")
Sebi bans Gautam Thapar, three others from markets over CG Power fraud
Sebi restrained three entities belonging to Thapar-led Avantha Group from diverting their money or disposing of their assets
 "Sebi bans Gautam Thapar, three others from markets over CG Power fraud")
Sebi seeks RBI help to attract corporate participation on comexes
Market regulators wants apex bank to ask lenders to make hedging of commodity price risk mandatory on domestic exchanges
 "Sebi seeks RBI help to attract corporate participation on comexes")
Sebi slaps Rs 19 lakh fine on 2 entities for executing fraudulent trading
The entities facing penalty are - Akashganga Agencies Pvt Ltd and Ajeit PS Rajbans HUF
 "Sebi slaps Rs 19 lakh fine on 2 entities for executing fraudulent trading")
Sebi mulls new whistle-blower mechanism to stem auditor exits
The proposed move assumes significance in the wake of several auditors in the recent past decided to exit from their audit mandate
Sebi bans former officials for up to 3 years in Dr Datsons Labs IPO case
Sebi conducted an investigation in the matter of IPO by Datsons in 2011 to ascertain any possible violation of regulations
Settle unpaid dues before filing scheme of arrangement: Sebi to companies
The markets regulator also said listed entities will be liable for punitive action in case of furnishing any false information
Sebi may defer proposal of raising minimum public shareholding to 35%
The market regulator is learnt to have received suggestions saying this is not the appropriate time to widen the public float
 "Sebi may defer proposal of raising minimum public shareholding to 35%")
Sebi imposes Rs 12 lakh fine on ICICI Bank, officer for disclosure lapses
The regulator during an investigation found that a "binding implementation agreement" was signed between ICICI Bank and Bank of Rajasthan on May 18, 2010 and disclosed one trading day late
 "Sebi imposes Rs 12 lakh fine on ICICI Bank, officer for disclosure lapses")
Overhaul of Sebi panels on the cards to accommodate govt nominees
At present, very few Sebi committees have finance ministry nominees
 "Overhaul of Sebi panels on the cards to accommodate govt nominees")
Corporate bond issuances on the upswing, reach Rs 5.45 trillion till August
While liquidity played a role, banks' reluctance to lend due to risk aversion and tightened group borrower exposure limits are pushing firms to the corporate bond market space, say experts
 "Corporate bond issuances on the upswing, reach Rs 5.45 trillion till August")
SAT quashes Sebi's order against Price Waterhouse in Satyam scandal
The scandal involving overstatement of bank and cash balances by over Rs 3,300 cr had come to light in January 2009
 "SAT quashes Sebi's order against Price Waterhouse in Satyam scandal")
Sebi starts fresh talks on weather derivatives after NCDEX proposal
Market regulator has asked exchange to deliver foolproof product that suitably maps temperature and rainfall, besides addressing a host of other issues
 "Sebi starts fresh talks on weather derivatives after NCDEX proposal")
Equitas considering two routes to get its SFB listed by March 2020
RBI last week refused to extend the listing deadline for ESFB and barred it from opening new branches till further orders
 "Equitas considering two routes to get its SFB listed by March 2020")
NDTV gets relief as HC sets aside Sebi order rejecting condonation of delay
Sebi had rejected the settlements on account of delay in filing the settlement applications
Sebi orders forensic audit of Sun Pharma financial statements from FY16-18
Sun Pharma, however, did not provide any specific details on the reasons for the Securities and Exchange Board of India to order the forensic audit
 "Sebi orders forensic audit of Sun Pharma financial statements from FY16-18")
Sebi plans 3-tier structure to bolster cybersecurity, prevent attacks
Sebi plans to set up a Cyber Security and Compliance Reporting System for the regulated entities that will collaborate with government as well as other national and international regulators
Sebi urges unified G-sec, corporate bond market to spur economic growth
The Sebi chief said that the fragmented yield curve is a fundamental problem in the Indian bond market
 "Sebi urges unified G-sec, corporate bond market to spur economic growth")
Re-categorisation of stocks: Fund managers seek review of new norms
Want flexible methodology to define large- and mid-cap stocks
 "Re-categorisation of stocks: Fund managers seek review of new norms")