During November 2013 to December 2016, the Sebi had conducted an investigation in case of alleged insider trading by Saraogi
Multi Commodity Exchange (MCX) has said it is seeking approval from market regulator Securities and Exchange Board of India to re-launch potato futures contracts. "There is a need (of hedging) in sensitive commodities like pulses and sugar etc... We may soon be launching potato contracts," said Rishi Nathani, head of business development at MCX, while commenting on industry demand for robust farm futures trade in a webinar on agricultural reforms. The exchange has applied to the Securities and Exchange Board of India (Sebi) for permission to re-launch the potato contracts, he stated. MCX had a successful potato futures contract, few years ago, but it lost liquidity over a period of time due to which Forward Markets Commission, then regulator of the commodity derivatives market, asked MCX to stop trade in the contract in September 2014. In the webinar on agricultural reforms, organised jointly by MCX and Indian Merchants' Chamber (IMC), food business major ITC stressed on necessity
SEBI has stipulated segregation of services. At present, advisers carry out both advisory and distribution services and there is no segregation.
Sebi has directed 5 individuals to make an open offer for acquiring shares of Sungold Capital Ltd as they failed to make such offers after their shareholdings crossed a certain threshold back in 2007.
Currently, futures trading is allowed in crude oil. Petrol and diesel are, among others, the two major refinery products derived from crude oil
Some players approach Sebi to seek-industry wide relief
MCX has received approval of Sebi for launch of Gold Mini options with Gold Mini (100 grams) bar as underlying, MCX said in a statement
The fine amount has to be paid by the entities jointly and severally
Sebi has imposed a penalty totalling Rs 40 lakh on Maitreya Plotters and Structures Pvt Ltd and its directors for not complying with the market regulator's earlier directive.
As per earlier timeline, Chokshi & Chokshi was to complete by first week of July but given the tedious nature of the probe, it will be allowed to submit its finding by end July or first week of August
Markets regulator Sebi on Monday extended the deadline till July 15 for public comments on a report regarding social stock exchange and allowing direct listing of non-profit organisations.
Market regulator starts process to hire two candidates on deputation
The regulator in its order said it had conducted an investigation into the matter of selective disclosure of unpublished price-sensitive information (UPSI) of MFL
The appointment of executive directors will be either on contractual or deputation basis for a period of three years, the regulator said in a public notice on Friday
Sebi has also extended deadline for filing half-yearly and annual results for entities that have listed NCDs, non-convertible redeemable preference shares and commercial papers (CPs) to July 31
In a circular, the Securities and Exchange Board of India (Sebi) said it has decided to modify existing OTR framework after receiving requests from the stock exchanges
Over 67,000 corporate resolutions were put before fund houses during the year
The regulator's fee income surged to Rs 750 crore from Rs 624 crore and other income rose to 17 crore from nearly Rs 10 crore
Sebi's move a relief for cash-strapped companies
The bank is likely to file for its offer document soon after the board clears the fundraising plan.