Mumbai: The claim of National Stock Exchange’s (NSE) former chief Chitra Ramkrishna that the ‘unknown person’, to whom she passed on the bourse‘s confidential information, did not have a ‘physical persona’ was rejected by the Securities and Exchange Board of India on the grounds that both individuals exchanged emails and met each other on various … Read more
Corporate India has renewed its demand that the Securities and Exchange Board of India (Sebi) stay the implementation of the provision that makes it mandatory for the chairman and managing director of a large listed company to not be related to each other. It has asked the capital markets regulator to either make this provision, … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has moved the Supreme Court against a service tax demand raised by the Central Goods and Services Tax (CGST) department. The Supreme Court registered the case on December 2, the official website showed. The capital markets regulator has been involved in a prolonged battle with the … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has cracked down on market operators in Gujarat for allegedly manipulating stocks through social media, said two people familiar with the development. Officials of the capital markets regulator’s surveillance department carried out ‘search and seizure’ operations on the premises of three entities in Ahmedabad and Mehsana … Read more
Capital markets regulator Sebi has constituted a four-member high powered advisory committee on settlement orders and compounding of offences. The committee will be chaired by Vijay C Daga, retired judge of High Court of Bombay, according to an update with the Securities and Exchange Board of India (Sebi) on Tuesday. The other members of the … Read more
Mumbai | Bengaluru: India’s stocks regulator on Tuesday barred eight entities, including two executives, from accessing the capital markets after an investigation into alleged violations of insider trading rules. The Securities and Exchange Board of India (Sebi) directive named Infosys executives Pranshu Bhutra and Venkata Subramaniam VV, besides other individuals and entities. The probe pertains … Read more
New Delhi: Companies garnered over Rs 75,000 crore from capital markets in September, a decline of 31 per cent from the preceding month, with private placement of debt instruments continuing to be the most preferred route for financing business. The funds were mopped up mainly for business expansion plans, loan repayments and working capital requirements. … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds. The capital markets regulator also tightened rules on the processes that fund managers follow to buy shares. The new rules will become effective from January 1. Currently, mutual fund … Read more
Passive strategy has now controlled almost 60% of US equity assets while quant funds control another 20% and that is a staggering 80% of total combined that is being controlled by passive strategies, says Shiv Sehgal, Deputy CEO, Capital Markets, Edelweiss. What kind of signals are you getting as far as global markets are concerned? … Read more