"Video KYC is blocked for IP (Internet Protocol) addresses outside India. we are seeing how to mitigate risks & open it up," said a Finmin official
The market regulator approved four IPO proposals, paving the way for companies in defence, retail, manufacturing and metals to tap the public markets
Redseer projects nearly 210 new-age firms will be ready for IPOs over the next two years, with listed companies' market capitalisation expected to reach $1 trillion by 2030
While the FPIs sought adjourned, the counsel for Sebi argued that the delay was impacting the ongoing investigations
Sebi is considering a second round of SME reforms, including lower capital-raising costs, a delisting framework and wider access to the listing ecosystem
Market regulator alleges coordinated trades and misleading disclosures fuelled an unjustified surge in Osiajee Texfab's share price
The Delhi High Court held that the National Stock Exchange performs functions involving significant public interest and upheld the sanction granted for Chitra Ramkrishna's prosecution
The Bombay High Court has quashed an ACB court order directing registration of an FIR against former Sebi officials, citing the absence of a cognisable offence
Zostel has urged Sebi to review Oyo's IPO disclosures, alleging incomplete and misleading references to their long-running legal dispute before the public issue
NSE gets regulatory approval for foreign investor-focused derivatives as India seeks to deepen market access and revive overseas flows
Sebi has shifted FPI and FVCI fee payments to a rupee-denominated structure, revised registration charges and custodian fees, and notified new intraday borrowing norms for mutual funds
Don't mistake AI's fluency for accuracy, warns NFRA chairman
The National Financial Reporting Authority (NFRA) is looking into the revenue misstatements case at Rajesh Exports, but it will not be possible to share a timeline on the probe, a top official at the auditors' watchdog said on Tuesday. "Yes, we have started our processes," NFRA chairperson Nitin Gupta said on the sidelines of an event organised by Ficci here. He declined to share any observations, saying the matter is not with him, and also a timeline by which the probe will be completed. It can be noted that last month, capital markets regulator Sebi issued an order in which Rajesh Exports was found to have indulged in misstating revenues over a long period, pegging the overall discrepancies at Rs 15.5 lakh crore. As per subsequent reports, Sebi had written to NFRA seeking examination of the errant entity's auditors. Gupta on Tuesday called for genuine board independence in India's promoter-driven companies, pointing out that as AI influences corporate decision-making, a critical
Stock scam scandals led India to develop strict requirements for its cash equities market, with rules tightened in the early 2000s and then again in the period 2017 to 2020
The market regulator's warning relates to trades by two employees and an employee's immediate relative while in possession of unpublished price-sensitive information
The online furniture and appliances rental platform has received Sebi's observations for its proposed IPO, comprising a Rs 150 crore fresh issue and an offer for sale
Online rental and subscription platform Rentomojo Ltd has received Sebi's go-ahead for its proposed initial public offering (IPO), an update with the regulator showed on Monday. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an Offer for Sale (OFS) of 2.84 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The regulator received the company's draft papers on April 1 and gave its observations on July 6, the update showed. In Sebi parlance, the issuance of observations implies its approval to float the IPO. According to the draft papers, the company proposes to utilise the net proceeds from the fresh issue towards payment of loans, payment of lease rentals or licence fees for warehouses and experience stores, and general corporate purposes. Rentomojo operates a technology-driven, direct-to-consumer online rental and subscription platform for furniture and home appliances. As of September
Move could help revive exchange-traded currency volumes
Mutual funds raised their share of IPO investments to a multi-year high during the Iran conflict, reflecting growing institutional participation in India's primary market
Artha Bharat launches GIFT City's first physical gold fund, while Kusumgar prices its IPO and benchmark indices extend gains for a third straight session