Page 8 - Capital Markets

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

Sebi asks bourses, depositories to launch online complaint redressal system

To enable investors to lodge their complaints and track the status of redressal of such grievances, capital markets regulator Sebi on Monday asked exchanges to launch a complaints redressal forum

Why LRS route for investing in capital markets abroad is mainly for HNIs

Those with small amounts should skip it owing to high costs and elaborate tax-related compliances

UPL pays Rs 19.5 lakh to settle auditor appointment case with Sebi

The company settled the proceedings initiated against it after paying Rs 19.5 lakh towards settlement charges

Investment bankers see 58% decline in earnings, shows data

Most companies had to hit pause on their fund-raising plans amid a sharp fall in the stocks, more so for those in the broader market.

American lender Citi to hire 80 commercial bankers in India in 3 years

The move is part of a plan to hire 350 bankers in Citi Commercial Bank Asia Pacific over the next three years, as per a statement

IFSCA invites comments on draft framework on sustainable financial lending

IFSCA has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Services Centres in India

Sebi bans ARSS Infrastructure, 6 persons from markets; levies fine

Sebi has barred ARSS Infrastructure Projects and six persons from the capital markets for up to one year and levied a fine totalling Rs 47.5 lakh on them for misrepresenting the company's financials

Bank brokerages to continue reporting strong performance: Report

The domestic capital markets continue to remain on an upward trajectory after a strong performance in FY2021

Sebi forms 4-member high powered advisory committee on settlement orders

Capital markets regulator Sebi has constituted a four-member high powered advisory committee on settlement orders and compounding of offences. The committee will be chaired by Vijay C Daga, retired judge of High Court of Bombay, according to an update with the Securities and Exchange Board of India (Sebi) on Tuesday. The other members of the panel are - former law secretary in Ministry of Law & Justice, PK Malhotra; ex-Chairman of Deloitte Haskins & Sells LLP PR Ramesh and DN Raval, Partner at Raval & Raval Associates. The panel will work as per the Settlement Proceedings Regulations, 2018 specified by the regulator. Under the settlement mechanism, an alleged wrongdoer can settle a pending case with the regulator without admission or denial of guilt by paying a settlement fee. The settlement mechanism is a tool for ensuring speedy and efficient resolution of disputes. In September, Sebi had proposed to overhaul the rule governing consent settlements to make the system more

Liquidity moving away from China to high-growth nations: Sumit Jalan

Jalan says investor sentiment, hit by a spate of poor listings in August, shall improve as we see successful listing going ahead

Sebi bars 15 entities from capital market for insider trading in Zee

Regulator's alert system detected a suspicious trading pattern in the scrip around the announcement of financial results for Q1FY20 declared post trading hours on August 18, 2020

Sri Lanka repays $1 billion bond, ending default threat: Report

The money was transfered Monday, Ajith Nivard Cabraal, the state minister for money and capital markets, said by phone

Sebi looks to broaden IPO reach, plans to rope in payment banks

Considers allowing payments banks, SFBs to handle application process; decision likely in Tuesday's meeting

P-notes investment climbs to 33-month high at Rs 91,658 crore in Feb

Investments through participatory notes in the capital market rose to Rs 91,658 crore at February-end, making it the highest level in 33 months, suggesting growing confidence of overseas investors

Sebi bars TV anchor Hemant Ghai, wife and mother for 'fraud in trading'

The accused allegedly bought shares ahead of giving buy recommendations

Franklin Templeton's closures reflect poorly on India's capital markets

Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost

Sebi eases FPO norms; scraps minimum promoter's contribution requirement

Capital markets watchdog Sebi on Friday relaxed the framework for Follow-on Public Offers (FPOs)

Companies raise over Rs 73,000 cr from capital markets in October

Rs 62,331 crore was mopped up from private placement of debt securities

Fund raising via capital markets drops 31% to Rs 75,230 crore in Sept

Companies garnered over Rs 75k cr from capital markets in Sept, a decline of 31% from the last month, with private placement of debt instruments continuing to be most preferred route for financing biz