Latest business news
India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), has partnered with cloud-based security platform DigiLocker to help reduce unclaimed assets and help investors securely manage their digital documents, according to a post by NSE on the social media platform X. Sebi’s move to collaborate with DigiLocker comes as the regulator aims…
New Delhi, Apr 22 (PTI) Markets regulator Sebi on Tuesday announced a change in cut-off timings to determine the net asset value (NAV) with respect to repurchase or redemptions of units in overnight schemes of mutual funds. The changes will allow time for stock brokers (SBs), or clearing members (CMs) to un-pledge units of Mutual…
Continuum Green Energy IPO: An independent power producer, Continuum Green Energy Limited, on Monday, April 21, received the green light from the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO). The company submitted its preliminary draft papers on December 10, 2024. Continuum Green Energy’s business Continuum Green Energy is…
Stock market fraud: With retail participation in the Indian stock market at record highs and social media usage surging, incidents of fraud have escalated sharply. In response, the Securities and Exchange Board of India (SEBI) has issued fresh advisories, urging investors to remain vigilant and avoid falling prey to these increasingly sophisticated scams. Last year,…
However, experts have cautioned about potential risks related to liquidity, taxation, and regulatory compliance. In a consultation paper released on 17 April, Sebi proposed increasing the single issuer investment limit for equity schemes from 5% to 10% of net asset value (NAV) and raising the overall investment limit in REITs and InvITs for equity and…
Angel One Ltd’s March quarter (Q4FY25) performance took a knock from the Securities and Exchange Board of India’s (Sebi) new regulatory measures aimed at curbing trading volumes in the derivatives (F&O) segment. The company discloses a monthly business update, so the poor performance was largely anticipated. This was the first full quarter reflecting the impact…
Paytm said on Wednesday founder and CEO Vijay Shekhar Sharma has foregone all 21 million employee stock options granted to him, months after the country’s markets regulator issued show-cause notices over violation of rules on grant of share-based employee benefits. This would result in acceleration of ESOP expense of ₹492 Cr In Q4FY25
Upcoming IPO: Mumbai-based Seshaasai Technologies Limited has received final approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) for fundraising. The company submitted its draft IPO documents to SEBI on December 27, 2024. The proposed IPO consists of a fresh issue of equity shares worth up to…
Gensol Engineering: Allegations of mismanagement, misappropriation of funds and credit rating downgrades has driven the shares of Gensol Engineering almost 80% down in a span of 1.5 months, with the stock trapped in the lower circuit on most trading days in March and April. The latest order by the stock market regulator, Securities and Exchange…
Mutual funds may be allowed to enter various business areas currently out of bounds for them, with the stock market regulator reviewing regulations that govern asset management companies. The Securities and Exchange Board of India (Sebi) is conducting a major review of mutual fund regulation, which is “the lengthiest of all regulations”, executive director Manoj…
