Page 51 - Sebi Norms

ICICI Venture, four others pay over Rs 5.2 cr to settle case with Sebi

In its settlement order, the regulator said the pending adjudication proceedings initiated against the entities through show-cause notices are disposed of

How Sebi's new rules have changed the risk-return profile of PMS schemes

Fewer investors mean you will get more time with the portfolio manager and will be able to understand his investment strategy better; but there are downsides too

New Sebi framework to strengthen issuances of depository receipts

Experts believe that issuing DRs has the added benefit of increasing the share's liquidity while boosting the company's prestige on its local market

HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms

In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders

Misuse of client funds: SAT asks Sebi to review order issued against Karvy

The Sebi counsel informed the tribunal about the forensic audit initiated against the brokerage

Sebi brings norms for debt ETFs, issuer to have less than 15% index weight

Under the norms to be adopted by all mutual fund houses, the index will have a minimum of eight issuers, rating of the constituents of the index will be investment grade

Karvy case: SAT asks Sebi to review limited use of power of attorney issue

Sebi's directive had come after the National Stock Exchange forwarded a preliminary report to it on the non-compliances observed with respect to pledging/misuse of client securities by Karvy

Barings Asia looks to exit investment after Karvy comes under Sebi lens

Indian lenders, which have an exposure of Rs 2,900 crore in Karvy group companies, are taking legal advice on how to enforce the collateral taken from Karvy

Karvy Stock Broking moves SAT against Sebi order; hearing on Friday

Karvy will be represented by Vikram N of Visesha Law Services, according to the cause list put out by SAT.

The elephant in the board room

The separation of the roles of the chairman and MD/CEO was bound to be contentious from the time it was mooted. Surprisingly, it took two years for industry to formally raise this issue

Sebi puts Karvy-HNIs nexus under scanner, EY conducts forensic audit

Regulatory sources say their prime objective is to ensure that innocent clients whose funds and securities are stuck with the brokerage are returned safely

Sebi lays guidelines for listed REIT, InvIT on preferential issue

In a circular, the regulator has specified manner of issuance of units under preferential issue as well as institutional placement by listed REIT and InvIT and lock-in period

Sebi working on norms for related-party transactions, says Ajay Tyagi

Some listed companies, especially due to their family-driven nature, have been found to be wanting on the related-party transactions

Misusing client assets

Sebi must work with exchanges to reassure investors

Karvy crisis: Bankers raise concern with NSE and Sebi over exposure

Karvy's companies have taken close to Rs 2,900 crore from banks, including ICICI Bank, HDFC Bank, and Lakshmi Vilas Bank

Sebi ban on Karvy over client fund misuse unnerves India's retail investors

Karvy said in a statement over the weekend that there was no "mis-utilisation" of client securities

Sebi bars Karvy Stock Broking from taking new clients over misuse of funds

On Friday, NSE forwarded a preliminary report to Sebi on the non-compliances observed with respect to the pledging/misuse of client securities by KSBL

GDR manipulation: Bhoruka Aluminium, officials fined Rs 10.65 cr by Sebi

The regulator in a probe conducted between November-December 2010 noted that the firm had issued 1.12 million GDRs amounting to $10.38 million

Mutual funds to gain as Sebi tightens norms for portfolio managers

The regulator will also prescribe a formula for profit sharing

Trading glitches at NSE need to be fixed, says Sebi chief Ajay Tyagi

Meanwhile, Tyagi said the regulator is looking at the issue of who is a promoter and would provide more clarity on the issue.