State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including the Reserve Bank and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said. An Annuity product converts an accumulated retirement corpus into a guaranteed, lifelong stream of income. When one invests a lump sum, LIC pays a regular pension for life, ensuring the savings aren't outlived. "When the annuity markets are becoming more favoured by the policyholders, and more investments flow into annuities, we need to necessarily have long-term investments matching that kind of long-term liabilities. So we have been in touch with the (insurance) regulator as well as the regulators like SEBI, as well as RBI and the requirements of LIC, particularly are being duly communicated to them," he told PTI in an interview. He further said the sector regulator, Insurance Regulatory and Development ..
Reliance Infra has urged SEBI, NSE and BSE to review ASM-based trading curbs, saying restrictions hurt liquidity, price discovery and retail shareholders
The Ministry of Heavy Industries (MHI) is set to decide in the coming days on removing Rajesh Exports from the list of beneficiaries under the production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, after the SEBI last week passed an interim order alleging massive financial fraud by the Bengaluru-based firm. Sources in the ministry told PTI that there is a "strong view" within the department that the company should be dropped from the scheme. The matter will be placed before Minister of Heavy Industries H D Kumaraswamy, who has returned from an official trip to Kyrgyzstan. "A final call will be taken in the coming days," a source said. In a 109-page ex parte interim order dated June 3, SEBI alleged that Rajesh Exports - primarily a gold jewellery manufacturer and exporter - inflated revenues by Rs 15.15 lakh crore between FY21 and FY25, amounting to approximately 99.8 per cent of the revenues attributed to its subsidiaries over the period being ..
CMR Green's IPO was subscribed 127 times, boosting hopes of a primary market revival as Sebi cleared five new IPOs and Paras Healthcare filed draft papers
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Gold refiner shares 400 GB of data with regulator
Market regulator Sebi has warned ICICI Bank for allowing an FPI to repatriate funds before completion of the committed retention period under the Voluntary Retention Route
Shares hit lower circuit after Sebi's interim order, while LIC's continued holding in the company comes under scrutiny amid governance concerns
A shareholder's complaint about unpaid receivables triggered a two-year investigation that led Sebi to question revenues, disclosures and overseas operations at Rajesh Exports
A day after Sebi's interim order raised questions over revenue misreporting, Rajesh Exports said the issue stemmed from a 'communication gap' and maintained its revenues were correctly reported
Rajesh Exports shares hit a 5-per cent lower circuit after Sebi alleged ₹15.15 trillion revenue inflation and barred the company and promoter from the securities market
The Securities and Exchange Board of India (SEBI) has barred the company and its owner from the securities markets till it completes its investigation
The market regulator barred promoter Rajesh Mehta from dealing in company securities for three years and ordered a forensic audit amid allegations of financial misstatements
The global derivatives industry body says client balances should not be treated as a proxy for broker risk and warns that higher capital requirements could increase costs
The market regulator flagged a procedural delay in verifying an investor's eligibility for an alternative investment fund scheme following a complaint
Prism had submitted its draft IPO papers to Sebi through the confidential filing route in late December 2025
In a rare move, the RBI has sent at least 10 queries to ascertain whether funds were routed overseas without a clear business purpose or tangible asset backing
The hospitality technology company is expected to file its updated draft prospectus by early July as it evaluates market conditions and listing timelines
The Department of Economic Affairs has invited applications for two Sebi whole-time member positions as the tenure of two current members nears completion later this year
NSDL to publish daily DII investment trends, Sebi proposes InvIT rule changes, and Laser Power trims IPO size