Page 2163 - Markets News

Sebi extends special dispensations given to firms wanting to go public

The regulator has said the validity of Sebi observations for initial public offerings (IPOs) expiring between October 1, 2020 and March 31,2021 will be extended till March 31, 2021

Explained: The story behind the Apple versus Fortnite App Store battle

The court case involving Apple and Epic Games, the maker of the video game Fortnite, is the result of the gamemaker's rebellion against rules and fees set by Apple

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass?

Singapore topples Mauritius in FPI race aided by growth in equity assets

String of regulatory setbacks have hurt Mauritius in the past two years

Sebi imposes a penalty of Rs 1-crore on Brickwork Rating India

Sebi and RBI had conducted a joint inspection, where they found lapses

Hero MotoCorp gains market share; higher sales in weaker segments is key

The gains for India's largest two-wheeler makers are largely expected to come from the rural market due to a shift to personal mobility and higher sales of entry-level bikes

Vedanta delisting fate to be known next week, price likely at Rs 160-170

The promoter holding currently 50.14%. Under Sebi rules, promoters will have to acquire at least 39.86% stake (1.48 billion shares) from public to ensure successful delisting

Kajaria Ceramics stock: Investors should wait for a better entry point

Volume growth, lower costs and stable pricing are the positives

Sebi eases delisting for listed subsidiaries, grants exemption from RBB

Move will help simplify restructuring process for large groups

Mazagon IPO subscribed 1.74 times on Day 1; UTI AMC mops up about 24%

Govt is looking to raise Rs 440 crore by divesting 15.2% stake through Mazagaon IPO

Sumitomo Chemical's promoters to offload Rs 450-cr stake through OFS today

The share sale is being done to comply with the 25-per cent minimum public shareholding norms

OMC stocks come under pressure over muted demand, weak refining margins

Rising Covid-19 cases in India and talks of a second wave of the pandemic globally are adding to concerns on demand for petroleum products moving forward

Sebi, not EOW, should handle mutual fund issues: Franklin Templeton

Sebi, the specialised regulator for the securities market, is best placed to handle any issues related to mutual fund investments, FT said in a note to unitholders

Sebi decides to strengthen debenture trustee role to safeguard holders

The DT would exercise independent due diligence of the assets on which charge is being created, Sebi said in a statement after its board meeting

Sebi slaps Rs 35 lakh penalty on 14 entities, persons for disclosure lapses

Markets regulator Sebi on Tuesday imposed a total penalty of Rs 35 lakh on Sunrise Asian Ltd and 13 other entities, including individuals, for various disclosure lapses

GDR manipulation: Sebi slaps Rs 20.65 cr fine on Aqua Logistics, directors

Markets regulator Sebi on Tuesday slapped a fine totalling Rs 20.65 crore on Aqua Logistics Ltd, its directors and three other individuals for manipulation in issuance of global depository receipts

Listed entities to make disclosure about initiation of forensic audit: Sebi

To boost repo trading in corporate bonds, the board also approved the proposal to facilitate setting up of a limited purpose repo clearing corporation.

Sebi to introduce code of conduct for mutual fund managers, AMC officers

In addition, AMCs have been allowed to become self clearing member, Sebi said in a statement after its board meeting.

Sebi extends IPO relaxations till March 2021 amid Covid-19 disruptions

Sebi's observation for IPOs is valid for a year, by which time the issuer must come out with one, else it has to re-file its offer document. But now a firm has till March 2021 to come out with offer

Sebi extends relaxation on validity of nod to launch IPO, rights issue

The move comes following representations from the industry, the Securities and Exchange Board of India said in a circular