Last year as investors preferred larger companies that were deemed more resilient amid Covid; Calendar 2018 was the best year for SME IPOs, with 141 offerings garnering Rs 2,287 cr
"Clearly, cybersecurity management is not a one-time event but a continuous process - it is not a project but a journey," he added
Sebi's decisions are in the right direction
Related party transactions' rules tightened to prevent abuse; startup founders get more leeway to retain control
Sebi has also replaced the nomenclature 'key employees' - used in the original circular - with 'designated employees'
Sebi had received a letter from Titan, intimating the regulator about contravention of insider trading norms
Sebi has done away with the investment restrictions on the residual portion of investable funds of venture capital funds (VCFs)
Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore
The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
The custodians are directed to provide information in 15 days
The firm's GMV increased to Rs 4.03 trn as of March 31, 2021, from Rs 2.29 trn as of March 31, 2109
According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion
Group recommends inclusion of permissible reasons for issuance along with cap on quantum to be issued in sweat equity regulations
The value of notices Sebi has sent out since getting recovery powers in 2013 is more than twice Mumbai's annual municipal budget
SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations
The industry body has requested the regulator to permit updation of landline numbers of the officials instead of mobile numbers
US-headquartered asset manager has been barred from launching any new debt scheme for two years
At present, they have to follow the only the risk-o-meter labelling system
Earlier limit was $600 mn; overall industry limit of $7 billion
The regulator is concerned about the structure being used for getting around tax requirements, according to a sources