Mumbai: The Securities and Exchange Board of India has barred former liquor baron Vijay Mallya from accessing the securities market for three years for routing funds to the Indian capital markets by using his overseas bank accounts with UBS. The regulator has also restrained Mallya from associating with any listed company directly to indirectly for … Read more
Capital markets regulator Securities and Exchange Board of India (Sebi) has restrained Vijay Mallya from accessing securities markets for a period of three years. According to the order, Mallya is barred from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner. The once famous … Read more
Mumbai: Seven out of 10 individual intraday trades in cash segment made losses in the financial year ending March 2023, a study done by the Securities and Exchange Board of India(Sebi) revealed. The regulator said there has been a surge of over 300% in the number of individuals participating in intraday trading in equity cash … Read more
Foreign investors pumped ₹22,670 crore into shares of companies across 19 sectors between July 1 and 15, according to data from National Securities Depository (NSDL). Capital goods, automobiles, information technology (IT), and healthcare were among the sectors that witnessed the highest inflows in the period. The capital goods sector saw robust inflows worth ₹3,612 crore … Read more
Sebi chairperson Madhabi Puri Buch on Friday said the capital markets regulator is “compelled” to warn against speculative bets in the futures and options (F&O) segment because it has become a “macro issue”, affecting the broader economy now. Household financial savings are going into the speculative bets, belying the expectations of being used for capital … Read more
One 97 Communications which operates payments platform Paytm, is expected to report a net loss between Rs 1,013 crore and Rs 840 crore for the quarter ended June 2024 according to estimates by a couple of brokerages. The revenue for the reporting quarter is expected in the range of Rs 1,532 crore and Rs 1,490 … Read more
India’s capital market regulator has proposed a new asset class, different from mutual funds, Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). A look at what this means: What is the new asset class that’s in the works? To meet the growing demand for financial products in India, the Securities and Exchange Board of … Read more
Markets regulator Securities and Exchange Board India (Sebi) is likely to consider increasing the minimum value of each F&O contract from Rs 5 lakh to Rs 25 lakh as part of its strategy to curb speculative trading to protect the retail investors. The agenda is a part of preliminary recommendations by an expert committee on … Read more
The Securities and Exchange Board of India (Sebi) floated a consultation paper on introduction of ‘New Asset Class’ on Tuesday. The move is aimed at creating a new product, which lies between mutual funds and portfolio management services (PMS) to cater to the needs of investors with higher risk-taking capabilities and a higher ticket size. … Read more
Chief Justice of India D Y Chandrachud on Thursday advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the “backbone is stable”. Inaugurating the new SAT premises here, CJI Chandrachud pitched for authorities to consider … Read more
