Mumbai: The Securities and Exchange Board of India (Sebi) on Thursday launched a beta version of the settlement calculator to simplify the process of arriving at an indicative settlement amount. The settlement calculator contains fields that the applicant may identify in terms of the violations. It also enables the applicant to select the appropriate options … Read more
Mumbai: The Big Four accountancy firms will have to burn the midnight oil to give foreign portfolio investors (FPIs) the chance to move money faster. At a meeting on Tuesday, the Indian capital market regulator has told the accounting biggies in no uncertain terms to generate the mandatory ‘confirmation certificate’ overnight so that offshore funds … Read more
Capital markets regulator Sebi on Tuesday notified a framework for issuance of subordinate units by privately placed infrastructure investment trusts (InvITs). The issuance of subordinate units is primarily intended to bridge the valuation gaps that may arise as a result of the difference in the valuation of an asset assessed by the Sponsor (in its … Read more
Mumbai: The Indian capital markets regulator has hardened the conditions under which foreign portfolio investors (FPIs) with outsized exposures would be spared from making full disclosure of the investors in the fund. This was communicated by the Securities & Exchange Board of India (Sebi) to custodians of offshore funds, two persons aware of the regulatory … Read more
Mumbai: The capital market regulator is cracking down on gaming apps providing virtual trading services and fantasy games based on the movement of real-time share prices of listed companies, which have mushroomed over the past few years in the wake of high retail investor appetite for stock trading. The Securities and Exchange Board of India … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has proposed relaxation of rules on valuation of investment portfolio of alternative investment funds (AIFs). These easing of norms relate to change in valuation methodology on material change, computing valuation of investment portfolio of AIFs, eligibility criteria of independent valuers to be appointed by AIFs and … Read more
Sebi’s new guidelines for managing stock price impact arising from market rumours will ensure that the share price used in the merger and acquisition (M&A), buyback, and other transactions are not artificially influenced by speculative market activities, experts said on Wednesday. Market rumours pertaining to a company’s business can create significant volatility in stock prices, … Read more
Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said. JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) on Friday proposed to allow domestic mutual funds to invest in overseas mutual funds that invest certain portion of their assets in Indian securities. Currently, there is ambiguity regarding rules on investments in such overseas funds. This deters mutual funds from investing in those overseas mutual … Read more
Shares of Varanium Cloud, caught in Sebi’s crossfire, saw its wealth nearly wiped out from the peak in October last year. The stock scaled a 52-week high of 239.5 in October 2023 and crashed all the way down to Rs 29.3 in the latest trade, falling as much as 87%. The company made its debut … Read more
