Orion Capital and Orion Broking Services have failed to redress investor grievances till date: Sebi
Foreign investors have bought a net $23 bn in Indian debt so far this year
The SMAC also plans to review introduction of weekly stock future contracts
Block deals involve trading of a large number of shares between two parties, which are typically pre-decided
24-member body to submit its report this week
The panel has also batted for enhancing Sebi's powers to act against auditors and third-party fiduciaries
Move may hit regulator's autonomy, say experts
The recommendations made by the six-member panel headed by Sandeep Parekh, founder of Finsec Law, aim to manage conflict of interest and ensuring independence
Regulator's board meeting on Sept 18; to take stock of action against 331 suspected shell firms
To select cases for enforcement actions, the markets regulator will soon put in place internal guidelines
The regulator also told its board that steps were being taken to fast-track all pending cases in a time bound manner
The market regulator plans to hire agencies to set up a network and security operation centre
This case was related to Kamalakshi Finance Corporation Ltd wherein various entities were prima-facie found to have artificially inflated the company's share price to make illegal gains
Sebi received representations from the exchanges expressing operational difficulties caused to the brokers on uploading data of the clients
Sebi has strict norms for listed entities and these are updated on a continuous basis
Proposed innovator growth platform will be part of the main exchange
Move will help new-age companies access foreign capital at a lower cost
Despite several regulatory initiatives and relaxations, volumes at Gift City are yet to pick up in a big way
Move came against backdrop of govt, RBI stepping up efforts to tackle menace of bad loans amounting to over Rs 8 lakh cr
"The issue got deferred at our last board meeting," said Sebi Chairman Ajay Tyagi on the sidelines of a conference organised by industry body IVCA