SEBI starts fresh probe into fund-raising activities of Saradha group
Posted Date : 23-Apr-2013 , 09:19:22 pm | Posted By CASANSAAR
The Securities and Exchange Board of India, SEBI, has begun a fresh probe into the fund-raising activities of the Kolkata-based Saradha group.The capital market regulator is looking into whether its Collective Investment Scheme (CIS) regulations were violated while raising funds from the public, a s...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 694
|
 |
Sebi allows 47 alternative funds to operate in India
Posted Date : 23-Apr-2013 , 08:33:07 am | Posted By CASANSAAR
Market regulator Sebi has allowed 47 entities to set up AIFs - newly created class of pooled-in investment vehicles for real estate, private equity and hedge funds, over a period of ten months. The 47 Alternative Investment Funds (AIFs) have been registered w...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 750
|
|
Sebi, other agencies to join forces against investment frauds
Posted Date : 21-Apr-2013 , 07:38:03 pm | Posted By CASANSAAR
Amid a countrywide proliferation of fraud investment schemes, markets watchdog Sebi is joining forces with other agencies, including RBI, SFIO, Enforcement Directorate and state police departments, to tackle the menace. A large number of fraudulent schemes have come to the f...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 672
|
|
Sebi may move to T+1 trade settlement cycle
Posted Date : 19-Apr-2013 , 08:26:12 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) is looking at the possibility of shortening the trade settlement cycle for domestic stocks.
In a discussion paper on Thursday, the capital markets regulator invited suggestions for the proposal to cut the trading settlement to the first day after th...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 778
|
|
Sebi seeks suggestions from public on insider trading norms
Posted Date : 17-Apr-2013 , 08:42:31 am | Posted By CASANSAAR
Seeking to overhaul two-decade old set of rules for insider trading in the stock market, Sebi today said it has decided to seek inputs from the general public for drafting the new regulations in this regard.
The public inputs and suggestions have been invited on various aspects of the issue, includ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 675
|
|
SEBI asks Subrata Roy to submit asset, bank a/c and tax details
Posted Date : 26-Mar-2013 , 09:02:53 pm | Posted By CASANSAAR
SEBI Tuesday summoned Sahara group chief Subrata Roy and three other top executives on April 10, to finalise the list of assets to be sold for refund of an estimated Rs 24,000 crore to about three crore investors.
Ahead of their personal appearance, Roy and others would need to submit details of al...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 783
|
|
Realtors under Sebi scanner for fraudulent investment schemes
Posted Date : 25-Mar-2013 , 08:07:51 am | Posted By CASANSAAR
Suspecting investor frauds in the projects being launched by numerous real estate developers, capital markets regulator Securities and Exchange Board of India (Sebi) is probing them for possible violations of collective investment scheme (CIS) regulations.
A CIS entity typically raises funds from t...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 764
|
|
Securities Appellate Tribunal will hear the Sahara-Sebi case in Delhi
Posted Date : 23-Mar-2013 , 08:12:43 pm | Posted By CASANSAAR
The Securities Appellate Tribunal ( SAT) on Saturday adjourned the hearing of billionaire Subrata Roy Sahara's appeal against capital market regulatorSecurities and Exchange Board of India (Sebi) regarding freezing his personal accounts to 26 March. The tribunal will hear the case at Sasht...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 686
|
|
Sebi asks companies to use electronic mode for making cash payments
Posted Date : 22-Mar-2013 , 08:25:21 am | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India (Sebi) has asked all listed companies to use electronic mode for making cash payments to investors, a move that would help check misuse of funds.
The Sebi in a circular said that listed companies can utilise electronic payment modes approved b...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 768
|
|
Sebi allows FIIs to use government, corporate bonds as collateral
Posted Date : 21-Mar-2013 , 08:49:30 am | Posted By CASANSAAR
In a move that would help boost flow of overseas funds into Indian capital markets, regulatorSebi today allowed FIIs to offer government securitiesand corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges. FIIs were so far permitted...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 708
|
|
SEBI issues colour codes, product labelling for mutual funds
Posted Date : 19-Mar-2013 , 05:22:47 pm | Posted By CASANSAAR
Market regulator SEBI has issued a framework on ‘product labelling’ with colour coding for mutual funds, a move that would help investors assess the risk associated with the schemes.
The guidelines would be effective from July 1, 2013, for all existing and forthcoming schemes, SEBI said...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 694
|
|
Sebi introduces automated system for selecting arbitrators
Posted Date : 19-Mar-2013 , 08:26:26 am | Posted By CASANSAAR
To enable faster arbitration between market intermediaries, capital market regulator Securities and Exchange Board of India (Sebi) on Monday announced an automated system for selection of arbitrators from a common pool.
The automatic process would be triggered in cases where the members...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 714
|
|
Sebi makes certification mandatory for compliance officers
Posted Date : 12-Mar-2013 , 08:06:06 am | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India (Sebi) on Monday notified new guidelines for ‘associated persons’ working as compliance officers of market intermediaries such as brokers and credit rating agencies, making it compulsory for them to get requisite certifications to...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 827
|
|
Sebi allows issuance of preference shares on stock exchanges
Posted Date : 09-Mar-2013 , 08:44:27 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has allowed issuance and listing of non-convertible redeemable preference shares on stock exchanges, making it easier for companies and banks to raise funds through this route.
In a series of decisions announced on Friday evening,Sebi a...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 832
|
|
Subrata Roy appeals to SAT over attachment of personal assets
Posted Date : 07-Mar-2013 , 06:45:26 pm | Posted By CASANSAAR
Subrata Roy, head of the Sahara group, appealed against the attachment of his personal properties in the Securities Appellate Tribunal (SAT) on Thursday.
Tribunal member Jog Singh moved the hearing to Monday citing the absence of a presiding officer.
PK Malhotra, SAT's acting presiding offi...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 744
|
|
Sebi forms panel on insider trading
Posted Date : 06-Mar-2013 , 08:22:47 am | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India on Tuesday formed a panel to review insider trading rules to curb the rising menace of the illegal practice. Sebi appointed NK Sodhi, former chief justice of Karnataka High Court and former presiding officer of the...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 736
|
|
Sebi moots 20% reservation for retail investors in IDR redemptions
Posted Date : 02-Mar-2013 , 08:39:55 am | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India (Sebi) has said reservation of 20 per cent will have to be made for retail investors during conversion of Indian Depository Receipts (IDRs) into underlying shares. The regulator today issued a detailed road map and framework for enabling partia...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 786
|
|
SEBI Amendment bill introduced in Rajya Sabha
Posted Date : 27-Feb-2013 , 08:05:37 am | Posted By CASANSAAR
A bill to amend the SEBI Act to replace the recent Ordinance to widen existing norms related to selection of the presiding officer of Securities Appellate Tribunal (SAT) was introduced in Parliament today. The SEBI Amendment Ordinance 2013 was promulgated on January 21 in th...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 754
|
|
Sebi 'cautions' investors, public against dealings with Sahara
Posted Date : 22-Feb-2013 , 01:05:03 pm | Posted By CASANSAAR
Close on the heels of ordering attachment of bank accounts, investments and all other assets of two Sahara group firms and their promoters, including group chief Subrata Roy, market watchdog Sebi today cautioned the investors and general public against transacting with these companies...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 712
|
|
SEBI approves India's first social venture fund in Gujarat
Posted Date : 19-Feb-2013 , 08:26:02 am | Posted By CASANSAAR
Ahmedabad-based Incube Ventures Pvt. Ltd.'s newly launched 'Incube Connect Fund' has received the distinction of being the firstsocial venture fund in the country to be accorded registration by SEBI under SEBI (AIF), Regulations, 2012.
Having recently received SEBI approval as country's first ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 812
|
|
Sebi slaps over Rs 30 cr penalty on 118 entities in Bank of Rajasthan case
Posted Date : 15-Feb-2013 , 08:46:20 am | Posted By CASANSAAR
Sebi on Thursday imposed a total penalty of Rs 30.75 crore on 118 entities, including the promoters of erstwhile Bank of Rajasthan, for alleged manipulative practices in the stock market between 2007-2009. Securities and Exchange Board of India (Sebi) has slapped a fine of Rs 5 crore ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1320
|
|
SEBI freezes over 100 bank accounts of 2 Sahara cos
Posted Date : 13-Feb-2013 , 09:43:13 pm | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI) on Wednesday cracked down on Sahara group, freezing more than 100 bank accounts of two of its companies. Sources said that the immovable assets of the two companies were also frozen.
The SEBI also attached the assets and properties of S...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 926
|
|
Sebi frowns control practice of private equity investors
Posted Date : 12-Feb-2013 , 08:30:29 am | Posted By CASANSAAR
The tricky issue of 'control', that lies at the heart of every M&A deal, has come back to hauntprivate equity investors. Even with a minority stake, these investors often have veto powers over key decisions of companies they invest in - a practice that was recently frowned upon by...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 766
|
|
Sebi allows liquidity enhancement schemes in equity cash market
Posted Date : 10-Feb-2013 , 03:54:35 pm | Posted By CASANSAAR
Market regulator Sebi has allowed stock exchanges to introduce incentive schemes for brokers and intermediaries to enhance liquidity in illiquid securities in the equity cash segment. The decision has been taken pursuant to introduction of incentive schemes in derivatives segment to e...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 752
|
|
SEBI free to seize properties of Sahara Group companies: SC
Posted Date : 06-Feb-2013 , 06:06:07 pm | Posted By CASANSAAR
In fresh trouble toSahara group, the Supreme Court on Wednesday said that SEBI is free to freeze accounts and seize properties of its two companies for defying court orders by not refunding Rs 24,000 crore to investors.
The apex court also pulled up SEBI for not taking action against the ...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 814
|
|
Listed companies must now seek Sebi nod for all M&A deals
Posted Date : 06-Feb-2013 , 09:45:32 am | Posted By CASANSAAR
Companies traded on stock exchanges will now need the clearance of the capital market regulator Sebi for all merger, demerger and amalgamation deals. Till now, companies could execute these strategies by obtaining the approval of a high court and no-objection certificate from exc...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 907
|
|
Sebi revises norms for listed companies over 'exaggerated' valuations
Posted Date : 05-Feb-2013 , 08:23:11 pm | Posted By CASANSAAR
Market regulator Sebi has revised norms required for publicly traded companies which are planning to list their equities after amalgamation or de-merger.
In recent past, Sebi said it has been receiving applications seeking exemption from certain entities where there are inadequate disclosur...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 747
|
|
SEBI revises rules for amalgamation of companies
Posted Date : 05-Feb-2013 , 07:37:47 am | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI) on Monday revised rules for merger and amalgamation of companies, which requires stricter valuation of entities.
In the recent past, SEBI said it “received applications seeking exemption from certain entities containing inadequate...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 1017
|
|
Sebi asks intermediaries to comply with ASBA norms
Posted Date : 23-Jan-2013 , 10:59:34 pm | Posted By CASANSAAR
Sebi on Wednesday asked merchant bankers and intermediaries to ensure that disclosures made in all offer documents submitted after March 1, 2013, should be compliant with norms in place for Application Supported by Blocked Amount (ASBA) facility.
ASBA facility allows the application money to remain...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 682
|
|
Sebi asks banks, NBFCs to separate investment advisory services
Posted Date : 22-Jan-2013 , 09:07:55 am | Posted By CASANSAAR
Market regulator Securities and Exchange Board of India ( Sebi) today said investment advisers who are banks, non-banking financial companies (NBFCs) and corporates will have to segregate investment advisory services from other activities.
Sebi, which today notified Inve...
Continue Reading...
Category :
SEBI |
Comments :
0 | Hits : 808
|
|
|
