Page 46 - Securities And Exchange Board Of India

HDFC AMC takes 35% markdown on Simplex exposure after rating falls to 'D'

HDFC Credit Risk Fund had Rs 124 crore of exposure to the NCDs of the company

BMA Wealth investors stage protests, demand Karvy-like refund action

Investors said while Sebi acted swiftly in the case of Karvy, it has done nothing to address their problem

Sebi gives LIC, SBI, BoB until Dec 2020 to bring UTI AMC stake below 10%

LIC, SBI and BoB are also sponsors of UTI AMC and hold more than 10 per cent stake individually in the AMC and trustee company of UTIMF

Sebi not to act on complaints without documents, identity disclosure

The Securities and Exchange Board of India (Sebi) in a statement said, it will not take any action on complaints, where it is not able to reach back to the complainants

Sebi proposes tighter disclosure, performance reporting norms for AIFs

The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed

Sebi scans matrimonial website to nail fraudster in front-running case

Bars Fidelity employee and family members from stock market for allegedly pocketing illegal gains

ICICI Venture Funds, 4 others pay over Rs 5.2 cr to settle case with Sebi

India Advantage Fund III, India Advantage Fund IV, Dynamic India Fund III and Dynamic India Fund IV are the other four entities besides ICICI Venture Funds Management that have settled the case

No interim relief for Karvy as Sebi refuses permission to enrol new clients

The Securities and Exchange Board of India (Sebi) order also highlighted the alleged misuse of power of attorney (PoA) by Karvy

Sebi allows clearing firms to invest in overnight funds; sets limit at 10%

Overnight funds are open-ended debt mutual fund schemes that invest in securities with a maturity of one day

Sebi exempts govt from making open offer to Canara Bank's shareholders

The central government has proposed to infuse capital worth Rs 6,571 crore in the lender against allotment of equity on preferential basis in favour of it

ICICI Securities settles violation of stock broker norms case with Sebi

Accordingly, the Securities and Exchange Board of India (Sebi) disposed of the adjudication proceedings

EY's forensic audit on Karvy to focus on fund diversion of Rs 1,100 cr

The company stopped giving financial information on the group companies, leading to multiple downgrades by rating firm ICRA in November.

How the Karvy case brought another three dozen brokers under Sebi's radar

Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country

Sebi plans to invite applications to process investor complaints

The mandate for the agency is to receive grievances from investors through physical or electronic mode and categorise them

Strengthening regulation

Sebi should have taken up the issue of auditors' resignations

Sebi makes it mandatory for listed firms to disclose each loan default

Regulations on rights issue, portfolio managers revamped

Mutual funds will join DHFL's IBC resolution process: Sebi chief Tyagi

Mutual funds, which have lent substantial sums of money to DHFL had not joined previous attempts at resolution, after financial woes at the company came to light

Sebi mulls direct plans for AIFs, PMS to help investors save on expenses

The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance

Companies Act amendment likely to trigger easier rights issue norms

Vodafone Idea and Bharti Airtel both raised Rs 25,000 crore through a rights issue earlier this year

PwC-Satyam case: SC restores Sebi's power to restrain erring auditing firms

The apex court move comes as a big relief to Sebi as the SAT order had led to jurisdictional ambiguity