Tag: SEBI

Stock broking firms tumble on Sebi order; Angel One tanks nearly 9%

July 2, 2024 admin

The Securities and Exchange Board of India (SEBI) has directed stock exchanges and other MIIs to implement a uniform and equal charge structure for all members. File | Photo Credit: Reuters Shares of stock broking firms declined on July 2, a day after markets regulator Sebi directed stock exchanges and other market infrastructure institutions (MIIs)…

Business

Kotak Mahindra says Hindenburg was not an investor in its fund

July 2, 2024 admin

File picture | Photo Credit: Reuters Kotak Mahindra International Limited said on Tuesday that U.S. short-seller Hindenburg Research has never been an investor in the K-India Opportunities Fund. Kotak was responding to allegations that Hindenburg colluded with its client Kingdon Capital Management and used a Kotak group offshore fund to short Adani group shares last…

Business

SEBI Issues Show Cause Notice To Hindenburg, Its Founder Nathan Anderson Over Its Adani Group Report

July 2, 2024 admin

Representational Image New Delhi: Markets regulator Securities and Exchange Board of India (SEBI) has issued a show cause notice to Hindenburg Research LLC, Nathan Anderson, and the entities of Mauritius-based foreign portfolio investor Mark Kingdon for trading violations in the scrip of Adani Enterprises Ltd. leading up to Hindenburg Report and thereafter. The regulator has…

Nation

FinFluencers Face SEBI Heat As Markets Regulator Tightens Rules

June 27, 2024 admin

Financial influencers engaged in investor education will be exempt, SEBI said (File) Mumbai: Brokers and mutual funds should stop using unregulated financial influencers for marketing and advertising campaigns, markets regulator SEBI said today. The Securities and Exchange Board of India (SEBI) said financial influencers engaged in investor education will be exempt from the new restrictions….

Nation

Should the recent stock market volatility be probed? | Explained

June 15, 2024 admin

Congress Rahul Gandhi shows a stock market movement chart during a press conference in New Delhi on June 6, 2024. | Photo Credit: AP The story so far: The Indian stock market witnessed extreme volatility right after the release of the exit poll results earlier this month and on June 4 when the results of…

Business

SEBI’s framework to shield stock prices against market rumours: Explained

June 6, 2024 admin

Image for representational purposes only. | Photo Credit: Reuters The story so far: In order to tackle any impact on the price of a scrip because of a market rumour, the Securities and Exchange Board of India (SEBI) on May 21 introduced a framework centred around its ‘unaffected price.’ The metric would help obtain the…

Business

Top 100 Companies To Verify Market Rumours Promptly Starting June 1

June 1, 2024 admin

New Delhi: The top 100 listed companies by market capitalization will have to confirm or deny any market rumour reported in the mainstream media from today. The rule will be applicable for top 250 companies from December 1. Under the Sebi’s rule, these companies will have to ‘confirm, deny, or clarify any reported event or…

Nation

SEBI’s proposal to allow Indian mutual funds to invest in overseas funds with Indian exposure: Explained

May 29, 2024 admin

The story so far: Markets regulator Securities and Exchange Board of India (SEBI) on May 17 floated a consultation paper proposing a framework for facilitating investments by domestic mutual funds (MFs) in their overseas counterparts, or unit trusts (UTs) that invest a certain portion of their assets in Indian securities. It observed that the existing…

Business

SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now

May 21, 2024 admin

Representational image of the Securities and Exchange Board of India (SEBI) head office in Mumbai | Photo Credit: Reuters Markets regulator SEBI has revamped the method for calculating the market capitalisation of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules. Instead of using the market capitalisation of a single day (currently March…

Business

SEBI’s latest framework to administer investment advisers, research analysts | Explained

May 16, 2024 admin

The story so far: Capital markets regulatorSecurities and Exchange Board of India (SEBI) on May 2 introduced a framework for better administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). The framework envisages that stock exchanges will form dedicated bodies to administer these two essential functions. This is to help SEBI have a…

Business