Tag: SEBI

Hindenburg shared Adani report with client two months before publishing it: SEBI

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Hindenburg shared Adani report with client two months before publishing it: SEBI

U.S. short-seller Hindenburg Research had shared an advance copy of its damning report against the Adani Group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator SEBI. The Securities and Exchange Board of India…

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Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches

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Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches

Chief Justice of India D.Y. Chandrachud with SEBI Chairperson Madhabi Puri Buch during the inauguration of new office premises of Securities Appellate Tribunal, in Mumbai, on July 4, 2024. | Photo Credit: PTI Chief Justice of India D.Y. Chandrachud on July 4 advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution…

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Business

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

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

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)…

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Kotak Mahindra says Hindenburg was not an investor in its fund

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Kotak Mahindra says Hindenburg was not an investor in its fund

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…

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Business

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

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

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…

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Nation

FinFluencers Face SEBI Heat As Markets Regulator Tightens Rules

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FinFluencers Face SEBI Heat As Markets Regulator Tightens Rules

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….

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Nation

Should the recent stock market volatility be probed? | Explained

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Should the recent stock market volatility be probed? | Explained

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…

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Business

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

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

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…

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Top 100 Companies To Verify Market Rumours Promptly Starting June 1

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FinFluencers Face SEBI Heat As Markets Regulator Tightens Rules

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…

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Nation

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

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

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…

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