Page 37 - Securities And Exchange Board Of India

Sebi imposes Rs 10 lakh fine on Bajaj Hindusthan for disclosure lapses

The company has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

Auditor gave satisfactory report on business operations, says PFS

The forensic audit began after former chairman and outgoing independent directors of PFS raised governance and other issues in January this year

Sebi extends last date for implementation of new pledging system to Sept 1

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

Parsvnath barred from investing in securities market for six months

Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors

Sebi permits FPIs to deal in exchange-traded commodity derivatives

The regulator has also prescribed a working group to examine whether measures towards any additional risk management are required to be prescribed for FPIs

Sebi board may clear decks for FPI entry into commodity derivatives segment

The long-awaited move is aimed at boosting liquidity and efficiency at domestic commodity bourses, even as concerns remain if this would make markets more volatile

Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter

Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection

MSCI maintains status quo on Asia during annual mkt classification review

India - the sixth biggest stock market globally in terms of market capitalisation - is also classified as emerging market by the MSCI

HC rejects Dish TV plea against YES voting rights, says no case made out

A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal

The complex world of regulators

Independent and continued evaluation of statutory regulatory agencies is necessary and important for feedback to regulators and Parliament

SAT gives ICEX another chance, quashes withdrawal of permanent recognition

Tribunal says 'the ship may be sinking but the leakages can be plugged', pulls up Sebi for concluding exit of top officials would necessarily lead to closure of the exchange

Sebi orders attachment of bank, demat accounts of Rose Valley Hotels

This recovery proceeding has been initiated against them to recover Rs 1,006.70 crore collected by the company through the issuance of non-convertible debentures (NCDs) to investors

Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank

It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers

Passive approach

Sebi's plans will offer more options to investors

Confusing Sebi rules

Any buy/sell advice, including a model portfolio, should be the domain of research analysts while holistic financial planning and asset allocation should be that of investment advisors

Walmart's PhonePe set to acquire WealthDesk, OpenQ for about $70 mn

PhonePe to acquire WealthDesk and OpenQ for about $50 million and $20 respectively according to the sources. PhonePe has invested over $60 M on acquisitions as per the data analytics platform Tracxn

Sebi to set up FPI expert panel soon; single window to address concerns

Experts said the advisory committee will help smoothen the implementation of key policies

Street signs: IPOs continue to roll on, no data for new HNI category & more

This week, three initial public offerings (IPOs) hit the market

UPL pays Rs 19.5 lakh to settle auditor appointment case with Sebi

The company settled the proceedings initiated against it after paying Rs 19.5 lakh towards settlement charges