Page 19 - Securities And Exchange Board Of India

Stress test: Top 6 smallcap funds need over 20 days to liquidate 50% assets

Sebi had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed

PwC India to offer tech-based compliance monitoring services with Axar

Agreement will have the two companies work together in 'creating market awareness'

Proxy companies give approval for ICICI Securities delisting bid

Move will see ISec become wholly-owned subsidiary of ICICI Bank

NSE to cut cash, derivatives transaction charges by 1% from April 1

Bourse also approves sale of its non-core tech business

RBI bars JM Financial from financing against debentures and shares

Flags governance concerns; Order special audit

Street Signs: Sebi's F&O standoff, charting Nifty's course, and more

Market players anticipate that the positive momentum in the market, fuelled by better-than-expected domestic gross domestic product growth and softening US inflation data

Losers outpace gainers for the first time in 11 months, shows data

The Nifty Smallcap 100's 12-month forward price-to-earnings ratio has risen to 22 versus its 10-year average is 16.5, according to Bloomberg data

Sebi bans 12 cos from securities market for V Marc stock manipulation

Sebi on Thursday barred 12 entities, including promoter of V Marc India Ltd, from the securities market for engaging in a fraudulent scheme to manipulate volumes and price of the company's shares. Additionally, the regulator impounded wrongful gains of Rs 6.38 crore made by some of the entities from the manipulative scheme, according to an interim order. This case primarily deals with fraudulent and manipulative trading in the scrip of V Marc India Ltd, listed on NSE's SME segment, prima facie orchestrated by the promoter and company management, along with connected parties. In its order, Sebi, prima facie, found that V Marc's promoter and MD Vikas Garg and Sandeep Kumar Srivastava, former Whole Time Director of the company-- engaged the services of Prijesh Kurani to 'operate the market'. It further noted that Kurani, in turn, in addition to using his own and his connected entities' trading accounts, engaged accounts of persons connected to Garg to manipulate the scrip. Further, G

Sebi using AI for investigations, says whole time member Kamlesh Chandra

Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and violations will cause problems. In response to a question by PTI on whether Sebi is using AI, Varshney said, "we are using Al for investigations... and also using for a lot of things". He was speaking on the sidelines of the 13th international convention of the Association of National Exchanges Members of India (ANMI) in the national capital. As long as the market is transparent and no manipulation is happening, that is fine with the regulator, he noted. The Securities and Exchange Board of India (Sebi) has been taking action against violators as well as measures to enhance transparency and curb misdoings.

Brokers should be cautious against manipulations in stock mkt: Sebi member

Sebi Whole Time Member Kamlesh Chandra Varshney on Saturday cautioned against manipulations in the capital market and urged brokers to keep an eye and prevent such instances. Clamping down on misdoings, the markets watchdog has been taking action against various entities for manipulations, including front running activities. Emphasising the importance of investor trust, Varshney said that if there is no trust of investors, "everything will fail". Manipulations are going on and Sebi cannot intervene in all of them. Some brokers are involved and the broker community should keep an eye as "bad elements can come in the system", he said. He was speaking at the 13th international convention of the Association of National Exchanges Members of India (ANMI) in the national capital. The Whole Time Member of the Securities and Exchange Board of India (Sebi) also said that entities should look at technological developments to improve efficiency as well as business.

Sebi to question Subhash Chandra, Punit Goenka on fund diversion: Report

This comes just a day after media reports suggested that Sebi has found an accounting 'hole' of Rs 2,000 crore in Zee's books

Zee refutes report of Rs 2,000 crore accounting 'hole', calls it 'false'

A report on Wednesday said that the market regulator has found a "hole" of more than Rs 2,000 crore in the accounts of Zee Entertainment Enterprises Ltd

NSE to hold special trading session on Mar 2 to check market infrastructure

NSE special session: The NSE said that the purpose of the special session is to assess the preparedness of market infrastructure institutions to handle any unforeseen event impacting operations

IPO-bound travel distribution platform TBO Tek seeks to expand in West

Company connects travel agencies and suppliers like hotels, airlines in more than 100 countries

Mankind Pharma promoters to divest 1.62% stake to comply with Sebi norms

The current aggregate promoter and promoter group shareholding as on February 7 is 76.50 per cent of the total paid-up equity share capital of the company

Demat addition, trading turnover point to robust investor sentiment

Activity underpinned by buoyancy in underlying secondary as well as the primary markets

Three IPOs to hit primary mkt on Wednesday; aim to raise Rs 1,700 cr

The IPO lane is getting busy with three entities -- Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance Bank-- set to float their maiden public issues on Wednesday to collectively mobilise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will launch its Rs 1,600-crore initial share-sale on February 9. Further, the Rs 920-crore IPO of Apeejay Surrendra Park, which runs hotels under the "The Park" brand, is currently under subscription. Last month, five firms tapped the primary market and garnered around Rs 3,266 crore. Market experts maintain a strong bullish outlook on the IPO (initial public offering) market for 2024. Companies are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors. "We hold a strong bullish outlook on the IPO market in 2024. This optimism is buoyed by robust domestic and foreign investments, driven by superior growth prospects of the Indian markets. The ..

Street signs: P-notes surge, grey market frenzy, and Zee exposure trim

Shares of BLS E-Services, an e-governance services enabler, are in high demand in the grey market ahead of its Rs 311 crore initial public offering (IPO)

Mutual fund exposure to corporate bonds nearly flat in five years

Fund managers' preference for sovereign bonds in the recent past has also impacted MFs' corporate bond investments

SC stays SAT order in shares pledged by Karvy Stock Broking to lenders

Sebi filed an appeal in the Supreme Court on December 30 last year against the SAT order of December 20