Work culture claims misplaced, officers misguided by ‘external elements’: Sebi

Work culture claims misplaced, officers misguided by ‘external elements’: Sebi

Mumbai : The Securities and Exchange Board of India (Sebi) Wednesday said its officers have been misguided by unidentified ‘external elements’ in targeting the credibility of the top management and the institution through concerns about the regulator’sleadership and HR practices voiced in a letter to the government early last month. Sebi’s five-page statement, issued late … Read more

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

Three Adani Group stocks viz. Adani Green Energy, Adani Energy Solutions and Adani Total Gas are eligible for inclusion in the derivatives segment as per the new criteria for the entry into the futures & options (F&O). Securities and Exchange Board of India (Sebi) on Friday tweaked the entry and exit criteria for stocks via … Read more

Charges levied by market institutions should be uniform, says Sebi

Charges levied by market institutions should be uniform, says Sebi

India’s market regulator said on Monday charges levied by market infrastructure institutions such as stock exchanges, clearing corporations and depositories should be uniform and not based on volumes. Exchanges often charge a lower fee to brokers if they generate high volumes, contributing to a surge in trading across segments like derivatives. Asking exchanges to stop … Read more

Sebi launches Saa₹thi 2.0 mobile app on personal finance

Sebi launches Saa₹thi 2.0 mobile app on personal finance

Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0‘ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more

Sebi proposes brokers stay away from unregulated financial influencers

Sebi proposes brokers stay away from unregulated financial influencers

India’s market regulator proposed on Friday that brokers and mutual funds should stop the use of unregistered financial influencers in advertising and marketing campaigns. The Securities and Exchange Board of India (Sebi) said in a consultation paper that influencers not registered with the relevant financial sector regulator might not have the requisite qualifications or expertise … Read more

Market regulator Sebi cracks down on Telegram tips operators

Market regulator Sebi cracks down on Telegram tips operators

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

Sebi forms 4-member high powered advisory committee on settlement orders

Sebi forms 4-member high powered advisory committee on settlement orders

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

Kishore Biyani barred from accessing securities market for a year

Kishore Biyani barred from accessing securities market for a year

The Securities and Exchange Board of India (Sebi) on Wednesday barred Future Group CEO Kishore Biyani from accessing securities market for a period of one year. Biyani won’t be allowed to buy, sell or deal in securities of for two years. Sebi said that it reached the decision on Biyani after probe into use of … Read more

Sebi, CBDT ink MoU for data exchange

Sebi, CBDT ink MoU for data exchange

Mumbai: The Securities and Exchange Board of India (Sebi) said on Wednesday it has signed a memorandum of understanding (MoU) with the Central Board of Direct Taxes (CBDT) for data exchange between the two organizations. The MoU, which comes into force immediately, will facilitate the sharing of data and information between CBDT and Sebi on … Read more

Sebi extends compliance deadline for municipal bonds

Sebi extends compliance deadline for municipal bonds

New Delhi: Markets regulator Sebi on Tuesday further extended the deadline for issuers of municipal debt securities to comply with certain regulatory norms to July 31 in view of the COVID-19 crisis. The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a … Read more