The Securities and Exchange Board of India (SEBI) has reduced the minimum investment in social impact funds from ₹2 lakh to just ₹1,000, allowing everyday investors to participate in the Social Stock
MakeMyTrip is reportedly evaluating IDR route over a traditional IPO as it looks to access Indian investors while managing tax exposure, regulatory complexity in its offshore structure
The overhaul started earlier this year and comes as regulators have stepped up monitoring of the currency and asked lenders to report their offshore rupee transactions
Low audit fees, firm bias, technology gaps and regulatory hurdles continue to limit the scale and competitiveness of India's domestic audit firms
The government on Saturday issued detailed guidelines for operationalisation of the second tranche of Rs 10,000 crore fund of funds (FoF) scheme for startups. The guidelines include mechanisms for fund deployment, governance, and monitoring, with the objective of improving the efficiency of capital flows into India's startup ecosystem, the commerce and industry ministry said. The scheme will be implemented through commitments to SEBI-registered Category I and II Alternative Investment Funds (AIFs), which will invest in DPIIT-recognised startups. "This approach is expected to ensure disciplined capital allocation, crowding-in of private investments, and wider access to funding across sectors, stages, and geographies," it said. The Small Industries Development Bank of India (SIDBI), it said, will act as the initial Implementation Agency and will undertake execution through a structured AIF selection and monitoring process. The Department for Promotion of Industry and Internal Trade
Finance Minister Nirmala Sitharaman urges Sebi to simplify KYC, adopt anticipatory regulation, strengthen cybersecurity safeguards, and deepen bond markets to support long-term growth
Sebi proposes a new framework for broker net worth, linking requirements to client funds handled and active client base to strengthen risk buffers
In the circular, Sebi has illustrated that the pay-in obligation can fall by half compared to the current gross settlement mechanism
PropShare Celestia lists below issue price, PlaySimple files ₹3,150 crore IPO papers, and SEBI clears four companies for upcoming public issues
Sebi proposes changes to simplify rules on handling unpaid client securities, aiming to reduce operational complexity while maintaining safeguards for investors
Variable net worth to include 10% of the average credit balance of clients over the previous six months
The recommendation brings the world's largest derivatives exchange closer to resolving its long-running dispute with the Securities and Exchange Board of India
Bandhan Mutual Fund adds gold and silver ETF exposure to select schemes, aiming to enhance returns and reduce portfolio volatility
Earlier, individual investors were required to commit at least ₹2 lakh to participate in social impact funds under Alternative Investment Fund (AIF) regulations.
Electronic messaging services permitted for notices, summons after a 2021 amendment
Market regulator weighs expanding collateral norms, easing operations, and introducing dynamic price bands to enhance liquidity and strengthen market infrastructure
MCX to launch coal exchange subsidiary with full ownership initially, aiming to build a transparent and technology-driven market platform for coal trading in India
India's leading commodity bourse Multi Commodity Exchange (MCX) said on Monday it has received approval from markets regulator SEBI to invest in a proposed coal exchange company. MCX, which received the Securities and Exchange Board of India's approval on April 17, plans to incorporate a new wholly owned subsidiary, likely to be named MCX Coal Exchange Ltd or MCX Coal Exchange of India Ltd, according to a regulatory filing. The exchange said it will commit capital of up to Rs 100 crore to the new subsidiary to meet minimum net worth requirements under draft Coal Exchange Rules, and will initially hold a 100 per cent stake, with the option to bring in strategic partners at a later stage. The new entity will provide a transparent, standardised digital platform for the physical delivery of coal at market-driven prices, and will submit an application to the Coal Controller Organisation of India once prescribed timelines are in place. The move builds on MCX's existing energy derivative
Exchange aims to expand its commodity segment with differentiated offerings, focusing on product innovation, retail participation, and value-chain engagement
Avaada Electro, the solar manufacturing arm of the Brookfield-backed Avaada Group, has secured approval from Sebi to raise an estimated Rs 9,000-10,000 crore through an initial public offering (IPO), an update with the regulator showed on Friday. Besides Avaada Electro, textile firm Sonaselection India and Chennai-based Grand Housing have also received Sebi's approval to float their maiden public issues. According to the update, the three companies received the regulator's observations between April 15 and April 17. In Sebi parlance, issuance of observations implies its go-ahead to launch public offerings. Avaada Electro had filed its preliminary IPO papers with Sebi in October through the confidential route. The proposed IPO is expected to comprise a combination of a fresh issue of shares and an offer for sale (OFS) by existing shareholders. According to people familiar with the development, the company is targeting to raise Rs 9,000-10,000 crore, which could value it in the rang