Sebi
Posted Date : 28-Feb-2014 , 08:39:20 am | Posted By CASANSAAR
The Securities and Exchange Board of India’s new rules to curb swindle by promoters in share buybacks could face a blockade as the law ministry has backed the ministry of corporate affairs’ claim that the market regulator was not empowered to change the regulations.
The department of le...
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Listed firms will have to file IPO-like document annually
Posted Date : 18-Feb-2014 , 11:26:44 pm | Posted By CASANSAAR
All listed companies might soon have to prepare an annual information memorandum (AIM), a public document with all relevant information about their financial and operating performance.
In a discussion paper released on Tuesday, the Securities and Exchange Board of India (Sebi) has prescri...
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SEBI |
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New Sebi norms a step ahead of Companies Act
Posted Date : 15-Feb-2014 , 08:13:21 am | Posted By CASANSAAR
The corporate governance norms announced by the Securities and Exchange Board of India (Sebi) go beyond those mentioned in the Companies Act.
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy, prior app...
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SEBI |
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Sebi announces new corporate governance norms; mutual fund policy
Posted Date : 13-Feb-2014 , 10:57:59 pm | Posted By CASANSAAR
The board of market regulator Sebi, on Thursday, approved proposals to tighten the corporate governance norms for all listed entities. It has restricted independent directors to serve as directors on a maximum of seven listed companies and limited their total tenure to two terms of five years each.
...
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SEBI |
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SEBI asks depositories to set up IT strategy panels
Posted Date : 22-Jan-2014 , 06:23:22 pm | Posted By CASANSAAR
Market regulator the Securities and Exchange Board of India (SEBI) today asked depositories to formulate information technology strategy panels at board level with a view to strengthening the IT governance framework of their systems.SEBI issued guidelines to strengthen the IT governance framework of...
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SEBI |
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SEBI asked to disclose details on grant of licence to MCX-SX
Posted Date : 21-Jan-2014 , 08:34:58 am | Posted By CASANSAAR
Sebi has been asked by its Appellate Authority to disclose details through RTI on process related to grant of recognition to MCX Stock Exchange, as all such information may not be confidential any more.
Hearing an appeal against the market regulator's denial of information sought through RT...
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SEBI |
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SEBI may ask companies to make greater disclosures in IPOs
Posted Date : 16-Jan-2014 , 08:55:56 am | Posted By CASANSAAR
To safeguard investors’ interest in IPOs, SEBI may ask companies to make greater disclosures about price discovery and issue certain convertible bonds to retail shareholders to ensure some guaranteed returns.
The new corporate governance norms for listed companies, currently being fin...
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SEBI |
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SEBI tightens norms for issue of P-Notes by overseas investors
Posted Date : 13-Jan-2014 , 08:07:52 pm | Posted By CASANSAAR
Tightening norms for issue of participatory notes (P-Notes) by overseas investors, Sebi has barred "unregulated" foreign funds from dealing in offshore derivative instruments even if their investment managers are appropriately regulated by their concerned regulators.
The guidelines, which...
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SEBI |
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SEBI notifies new norms to conduct search and seizure
Posted Date : 11-Jan-2014 , 08:36:26 am | Posted By CASANSAAR
Adding extra powers to its crackdown against fraudsters, SEBI today notified new norms empowering its Chairman to order search and seizure operations during investigations, while necessary safeguards have also been put in place to protect rights of affected persons.
These norms come a day a...
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SEBI |
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No settlement of cases involving serious offences: SEBI
Posted Date : 10-Jan-2014 , 08:38:38 am | Posted By CASANSAAR
Entities charged with serious offences like illegal money pooling, insider trading and fraudulent trades will not be able to settle these cases any more after Sebi today notified a stricter set of settlement norms. Making things even worse for such offenders, the new regulations have been notif...
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SEBI |
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Demat allotment of preferential shares must for foreign investors: SEBI
Posted Date : 03-Jan-2014 , 08:22:00 am | Posted By CASANSAAR
To ensure more transparency in capital market, Sebi said that mandatory allotment of preferential shares through demat accounts will also be applicable to overseas investors.
The move is part of Sebi's effort to check the flow of illicit funds in the issuance of shares to investors on prefe...
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SEBI |
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Fighting big and bountiful, SEBI gets new anti-fraud powers
Posted Date : 01-Jan-2014 , 08:32:40 am | Posted By CASANSAAR
From large corporates like Sahara to unknown individuals perpetrating SMS investment scams, it was a year marked by lot many penal actions and even more policy measures by Sebi to safeguard the investors interest.
To help it bring to book fraudsters and other market manipu...
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SEBI |
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Sebi simplifies account opening process for investors
Posted Date : 27-Dec-2013 , 08:19:42 am | Posted By CASANSAAR
Capital markets regulator Securities and Exchange Board of India (Sebi) on Thursday simplified investor account opening procedures by doing away with details about income and occupation of the applicant for the purpose of a centralised KYC registration agency.
With this, the regulator is mo...
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SEBI |
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IPO ads can be innovative, but risk disclosures must: SEBI
Posted Date : 26-Dec-2013 , 07:54:15 am | Posted By CASANSAAR
In their advertisements to attract investors to public offers, companies can be more creative and innovative as long as they are not misleading and contain necessary disclosures of associated risks and other facts, Sebi chief U K Sinha feels. Primary market has been mostly sluggish for last few...
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Action for violating laws same for all culprits, big or small : SEBI
Posted Date : 22-Dec-2013 , 03:27:22 pm | Posted By CASANSAAR
In its crackdown against market manipulations and other violations, the Securities and Exchange Board of India (Sebi) has said that it goes by facts of the case and the culprits being a big corporate house or a little-known individual become irrelevant.
"The message and mantra for Sebi is that we g...
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SEBI |
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0 | Hits : 713
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Sebi issues paper on infrastructure investment trusts
Posted Date : 21-Dec-2013 , 08:58:02 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has issued a consultation paper for a separate investment vehicle to channelise investments into infrastructure. Comments have been invited till January 20.
Similar structures are in place in international markets, including Singapor...
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SEBI |
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Sebi eases norms for FIIs using complex models to invest in India
Posted Date : 20-Dec-2013 , 08:23:38 am | Posted By CASANSAAR
Relaxing its norms for foreign investors, Sebi on Thursday allowed overseas entities using complex multi-fund structures to invest in India, if they need to use such models due to regulations in their home country and they are ready to provide details of actual beneficiary of funds. Fearing pos...
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Sebi mulls new rule for promoters turning public shareholders
Posted Date : 17-Dec-2013 , 08:41:46 am | Posted By CASANSAAR
In the past one year, promoters of a few companies chose to re-classify themselves as public shareholders to comply with the rule that any listed firm must have a minimum public holding of 25%. The strategy did not go down well with the capital markets regulator, which feels that promoters took the ...
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SEBI |
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SEBI panel prescribes stricter norms on insider trading
Posted Date : 13-Dec-2013 , 08:34:09 am | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI) panel, headed by former chief justice of India N. K. Sodhi, has suggested that trades by promoters, employees, directors and their immediate relatives would need to be disclosed internally to the company.
The panel on insider trading also re...
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SEBI |
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Name and shame insider trading offenders: SEBI advisory board
Posted Date : 10-Dec-2013 , 07:17:12 pm | Posted By CASANSAAR
To deal with insider trading and other offences in securities market, SEBI’s international advisory board today suggested steps like ‘naming and shaming’ of culprits, an effective whistleblower framework and larger penalties.
The board also asked SEBI to consider provision...
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Sebi issues advisory to general public on complaints
Posted Date : 07-Dec-2013 , 08:59:02 am | Posted By CASANSAAR
Capital markets Sebi today issued a detailed advisory for general public on how they can take up their grievances on various issues including investment frauds, manipulative activities and other irregularities.
While providing a guidance to general public on effective ways to redress their gr...
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SEBI |
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Sebi issues draft norms to regulate research analysts
Posted Date : 29-Nov-2013 , 07:06:56 pm | Posted By CASANSAAR
To ward off market manipulation through 'independent' reports on stocks and listed companies, Sebi today proposed new norms to regulate research analysts while clamping down on research services offered by foreign entities without getting registered in India.
Those to be regul...
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SEBI |
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Sebi revamps expert panel on disclosures, accounting standards
Posted Date : 26-Nov-2013 , 08:12:04 am | Posted By CASANSAAR
Sebi has reorganised its committee on disclosures and accounting standards that advises the market regulator on matters related to disclosure requirements and accounting practices for various market participants.
The Securities and Exchange Board of India (Sebi) had formed the 'Committee on Disclos...
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SEBI |
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Sebi warns investors against dealing with MCX Biz Solutions
Posted Date : 21-Nov-2013 , 08:54:48 pm | Posted By CASANSAAR
SEBI today cautioned general public and investors against dealing with MCX Biz Solutions and its proprietor Syed Sadaq, who were found running fraudulent investment schemes with fake and forged documents while using a name similar to that of an exchange group.
Market regulator said the re...
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SEBI |
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Sebi proposes new regulations for employee stock options
Posted Date : 20-Nov-2013 , 08:06:46 pm | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India (Sebi) has proposed a major overhaul of stock-related employee benefit schemes, to allow companies purchase shares from the open market.
The regulator, in January 2013, had prohibited secondary market purchases by employee welfare trusts or un...
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SEBI |
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Sebi asks companies to improve quality of disclosure
Posted Date : 18-Nov-2013 , 08:45:38 pm | Posted By CASANSAAR
Securities and Exchange Board of India (Sebi) has directed stock exchanges to beef up their surveillance system to ensure the disclosure standard of listed companies is accurate and adequate.
The move is aimed at ensuring complete and timely information reaches investors to enable them ta...
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SEBI |
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Sebi plans curbs on promoter trades in insider trading revamp
Posted Date : 17-Nov-2013 , 06:18:28 pm | Posted By CASANSAAR
Promoters and top executives, intending to buy or sell shares of their companies, may soon have to inform the market well in advance before such transactions. Securities and Exchange Board of India (Sebi), which is in the process of an overhaul of its insider trading rules, is considerin...
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SEBI |
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Sebi to come out with detailed corporate disclosure norms
Posted Date : 15-Nov-2013 , 05:16:15 pm | Posted By CASANSAAR
Market regulator Sebi is likely to come out with detailed guidelines on corporate disclosures on Monday, aiming to improve the quality of giving out information by companies.
"Today, there are 1,100 companies which are not compliant with the requirement of clause 35 of shareholding pat...
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SEBI |
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Sebi proposes new norms for search and seizure powers
Posted Date : 14-Nov-2013 , 09:09:37 pm | Posted By CASANSAAR
Securities and Exchange Board of India (Sebi) has laid down the framework for 'search and seizure' operations to conduct investigations more effectively.
Before officially notification, the stock market regulator today today issued draft 'Procedure for Search and Seizure Regulations 2013' and ...
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SEBI |
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Supreme Court sees corporate lobby against SEBI
Posted Date : 04-Nov-2013 , 09:14:39 am | Posted By CASANSAAR
The Supreme Court has dismissed many petitions in the past but rarely has the country’s apex court accused the petitioners of being “stool pigeons” of powerful corporate lobbies. That’s precisely what the judges did on Friday in a detailed 87-page order rejecting th...
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