Sebi relaxes financial disincentives norms for technical glitches, restricts it to Market Infrastructure Institutions

Sebi relaxes financial disincentives norms for technical glitches, restricts it to Market Infrastructure Institutions

Securities and Exchange Board of India (Sebi) on Friday relaxed the rules governing financial disincentives imposed on Market Infrastructure Institutions (MIIs) and individuals for omissions and commissions leading to technical glitches. In a circular issued on Friday, Sebi restricted the imposition of existing financial disincentives to MIIs only. From now on, it will also provide … Read more

Sebi dismisses insider trading charges against Infosys staff & entities, lifts market restrictions

Sebi dismisses insider trading charges against Infosys staff & entities, lifts market restrictions

Securities and Exchange Board of India (Sebi) on Monday lifted restrictions placed on employees of Infosys and connected entities and dismissed charges of insider trading against them. In a 57-page order, the market regulator vacated interim and confirmatory orders against four individuals and two entities which had barred them from accessing the securities market. The … Read more

Ashishkumar Chauhan: We will always agree with what SEBI says, have submitted F&O discussion paper, says NSE’s Ashishkumar Chauhan

Ashishkumar Chauhan: We will always agree with what SEBI says, have submitted F&O discussion paper, says NSE’s Ashishkumar Chauhan

Ashishkumar Chauhan, MD & CEO, NSE, says the stock exchange has submitted its suggestions on F&O discussion paper, and is in line with what Sebi has asked for. He also explains what the two bulls – one outside and one inside NSE mean. The Statue of NSE Bull at the headquarters of the National Stock … Read more

Are some private equity and venture capital investors more equal than others? asks Sebi

Are some private equity and venture capital investors more equal than others? asks Sebi

Are some private equity (PE) and venture capital (VC) investors more equal than others? The capital market regulator has asked several funds to reveal the names of investors who have been offered beneficial terms by the funds and have representation on the funds’ investment committees. Many PE and VCs – or, alternative investment funds (AIFs), … Read more

Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless

Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless

Pharmaceuticals firm Wockhardt firmly denied recent allegations concerning rent payments made by its associate company, Carol Info Services, and their link to orders issued by the Securities and Exchange Board of India (SEBI), via a filing after the market hours on Friday. “It has come to our attention that there are certain allegations pertaining to … Read more

What are Sebi’s UBO norms for FPIs and what needs to be done to save licence?

What are Sebi’s UBO norms for FPIs and what needs to be done to save licence?

The deadline for Foreign Portfolio Investors (FPIs) to comply with Ultimate Beneficial Ownership (UBO) norms ends on Monday, September 9, failing which fund operators can lose their FPI licence. UBO regulations mandate FPIs to comply with the enhanced disclosure norms regarding ownership, economic interest and control. Citing sources, ET Now reported that only a small … Read more

SME Market action: SME market like a casino? Sebi should talk it down & regulate only in case of fraud: Sunil Subramaniam

SME Market action: SME market like a casino? Sebi should talk it down & regulate only in case of fraud: Sunil Subramaniam

Sunil Subramaniam, Market Expert, says that speculation is part of a healthy capital market. It is only when you have these speculative entities like these people come in, that there is liquidity in the market. But if you regulate them and take them out, overall as a market, the liquidity is going to shrink. Should … Read more

AT-1 Bonds: Fund houses to ask Sebi to cut maturity time for AT-1 bonds

AT-1 Bonds: Fund houses to ask Sebi to cut maturity time for AT-1 bonds

Mumbai: Mutual funds plan to request the Securities and Exchange Board of India to relax maturity norms for additional tier-1 bonds to encourage fund houses to invest in these relatively high-yielding debt instruments that banks issue to shore up equity capital. “The Securities and Exchange Board of India (Sebi) has provided some leeway when it … Read more

F&O Traders: F&O traders could get 80 new stocks to play

F&O Traders: F&O traders could get 80 new stocks to play

Mumbai: The revised rules on eligibility criteria for stocks to be part of futures and options could result in the inclusion of 64 to 80 stocks and the exclusion of 18 to 23 from the segment, said analysts. Jio Financial and Zomato are strong contenders for being part of the equity derivatives segment, according to … Read more

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

Three Adani Group stocks viz. Adani Green Energy, Adani Energy Solutions and Adani Total Gas are eligible for inclusion in the derivatives segment as per the new criteria for the entry into the futures & options (F&O). Securities and Exchange Board of India (Sebi) on Friday tweaked the entry and exit criteria for stocks via … Read more