Page 5 - Securities Market

China steps up supervision of overseas-listed firms after Didi IPO drama

Under the new measures, China will improve regulation of cross-border data flows and security, crack down on illegal activity in the securities market and punish fraudulent securities issuance

Sebi bars Biocon's official from securities mkt for 3 months, levies fine

Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms. Biocon had announced information relating to its collaboration with Sandoz and the period of unpublished price sensitive information (UPSI) was from December 20, 2017 to January 18, 2018, The Securities and Exchange Board of India (Sebi) noted in an order passed late on Wednesday. Senior vice president of Biocon, Shreehas P Tambe, being an insider traded in the shares of the firm between December 19-27, 2017, in violation of market norms. Besides, Tambe also failed to make the timely requisite disclosures to Biocon pertaining to the trade for the sale of shares on December 19 and 20, 2017, where the sell value was more than Rs 10 lakh. As part of mandatory obligation under Prohibition of Insider Trading norms, Tambe was required to make disclosure within two trading days from the date of sale of shares

Best of BS Opinion: RIL's mega green push, India's securities mkt & more

Here are the best of Business Standard's opinion pieces for Friday

Securities market: On the cusp of change

Para 68 of the Budget announcement of 2021, exactly 30 years after 1991, could be the beginning of the next round of financial sector reforms

Zenith Birla GDR manipulation case: Sebi bans 7 entities, 6 individuals

Cracking the whip in a GDR manipulation case related to Zenith Birla (India) Ltd, Sebi on Tuesday barred six individuals and seven entities from the securities market for varying periods

Sebi bars 3 companies, 10 individuals for illegal fund raising activities

Regulator Sebi on Friday barred three companies and ten individuals from the securities market for illegally raising money from investors in the name of investments for teak trees.

Sebi bars Sai Proficient, proprietor from accessing securities market

Sebi has barred Sai Proficient Investment Advisory and its proprietor Meeshika Vishwakarma from accessing capital markets

Sebi bars Capitalaim Financial Advisory, 5 others from securities market

Markets regulator Sebi on Monday barred Capitalaim Financial Advisory Pvt Ltd and five individuals from accessing securities market

Securitisation volumes continue sequential growth in third quarter

Securitisation volumes halved to Rs 24,400 crore during the December quarter compared to the year-ago period

Sebi bars Money Plus Research, proprietor from securities for 2 yrs

Among other directions, they have been asked to refund the money received from the clients/ investors as fees or consideration or in any other form in respect of their unregistered investment advisory

RBI to allow retail investors to directly enter govt securities market

This will make India the first Asian country to do so and among a handful globally

Sebi bars TV anchor Hemant Ghai, wife and mother for 'fraud in trading'

The accused allegedly bought shares ahead of giving buy recommendations

Sebi bans Dezire Research, its proprietor from securities market

Market regulator Sebi on Wednesday barred Dezire Research and its proprietor from securities markets till further directions.

Budget: Govt proposes to launch unified securities market code, says FM

The government on Monday proposed to launch a unified securities market code

Securitisation volume crosses Rs 26,000 crore in Q3: Crisil report

More originators entered the market and mutual funds started investing in new issuances, says a report

Yash Birla barred from securities market for second time in a month

Yashovardhan Birla, Chairman of Yash Birla Group has been barred from the securities market by SEBI twice in just a month's time

SEBI constitutes panels to suggest policy for securities market data

The committee would identify segment-wise data perimeters, data needs and gaps, recommend data privacy and data access regulations applicable to market data among others.

Vedanta's failed delisting triggers debate on FDI tag, limited disclosure

Officials said the assumption that Vedanta's delisting would have been successful at a price of Rs 140 was "completely misplaced

Sebi bans senior official of PDS Agro from securities market for 3 years

Sebi said that Roy, by violating provisions of the Companies Act, "prejudicially affected the interest of investors and the securities market."

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Currently, NSE holds between 25 per cent and 100 per cent stakes in these entities through its arm NSE Investments