Mumbai: Securities and Exchange Board of India (Sebi) is considering allowing foreign individuals to invest directly in local stocks. A look at the current rules, the roadblocks and whether it’s possible to allow them to invest directly here: How can foreign individuals currently invest in listed Indian stocks?Currently, overseas individuals can buy into India’s primary … Read more
The Securities and Exchange Board of India (SEBI) on Tuesday issued an interim order against solar EPC company Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, accusing them of misappropriating hundreds of crores in term loans sanctioned for the purchase of electric vehicles. SEBI’s order lays bare how Anmol Singh Jaggi, … Read more
Capital markets regulator Sebi has imposed a penalty of Rs 10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms. The penalty has to be paid by the brokerage firm within 45 days, the regulator said in an order on Friday. In an 82-page order, Sebi found that Axis … Read more
During a period of heightened concern among investors regarding the fluctuating Indian equity market, numerous experts are recommending continued investment in SIPs for long-term wealth accumulation and crorepati goals. According to Securities and Exchange Board of India Chairperson Madhabi Puri Buch, there is no better time than the present to consider investing in SIPs. Buch, … Read more
The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more
Seshaasai Technologies, a technology-driven multi-location solutions provider, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI), to raise funds via an Initial Public Offering (IPO). The issue is proposed to be a mix of fresh issue of equity shares of up to Rs 600 crore … Read more
Zerodha Founder and CEO Nithin Kamath on Saturday took to social media platform X to warn investors of the stock market malices happening daily and how investors were being fooled by scamsters. Citing market regulator Securities and Exchange Board of India‘s (Sebi’s) two recent orders — Trafiksol ITS Technologies IPO and Baap of Chart — … Read more
Trading activity in shares and equity derivatives slumped in November, weighed down by souring stock market sentiment and the new measures introduced by the Securities and Exchange Board of India (Sebi) to curb excessive speculation in futures and options in order to protect investors. Within derivatives, turnover in options — the most popular among retail … Read more
MF investment: Indian investors are increasingly seeking opportunities in global markets to maximise their investment returns, especially around the US elections 2024. Major Wall Street indices such as Dow Jones (DJI), Nasdaq (IXIC), and the S&P 500 (GSPC) have delivered impressive returns over the past five years, attracting investors looking for lucrative investment avenues. Mutual funds, … Read more
Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise around Rs 900 crore through an initial public offering (IPO). This offering consists of a fresh issuance of equity shares with a face value of ₹10 … Read more