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Securities and Exchange Board of India (SEBI) (File Photo) | Photo Credit: Reuters Capital markets regulator SEBI has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. “Currently, there is no plan to extend the…
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BSE was the top loser on the Nifty mid-cap 100 index. File | Photo Credit: Reuters Shares of BSE fell as much as 19% on April 29 and are set for its worst day ever after India’s markets regulator asked the exchange operator to pay the regulatory fee on the annual turnover based on the…
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FirstCry parent BrainBees filed papers with SEBI last December for an IPO that would have been one of the country’s biggest this year. | Photo Credit: Special Arrangement Retailer FirstCry is set to withdraw its papers for an up to $500 million Initial Public Offering (IPO) as early as next week, after markets regulator raised…
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Shares of India’s Paytm rose a stock exchange-allowed maximum of 5% on Friday, March 15, 2024, a day after it got a third-party application provider license that will allow it to offer digital payments after its banking unit ceases operations. The license, granted by the country’s payments authority, came as Paytm Payments Bank will cease…
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A man walks past the Securities and Exchange Board of India (SEBI) headquarters in Mumbai. File | Photo Credit: REUTERS Capital markets regulator SEBI has asked mutual fund houses to put in place a framework to safeguard investors, who invested in smallcap and midcap schemes, amid a “froth building up” in these categories. Also, the…
Image for representational purposes only. | Photo Credit: REUTERS Capital markets regulator Sebi on February 26 cautioned investors against fraudulent trading platforms, claiming to facilitate stock market access to Indians through Foreign Portfolio Investors (FPIs) route. Sebi noted that fraudsters are enticing victims through online trading courses, seminars, and mentorship programs in the stock market,…
Paytm, on February 9, announced setting up of a group advisory committee to advise the company on strengthening compliance and on regulatory matters. | Photo Credit: The Hindu Shares of Paytm owner One97 Communications jumped 5% in the morning trade on February 26 after Reserve Bank of India (RBI) asked retail payment settlement body NPCI…
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SEBI logo used for representational purpose. | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on February 24 and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market,…
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Securities and Exchange Board of India (SEBI) in Mumbai. File | Photo Credit: REUTERS Markets regulator SEBI proposed on Wednesday ways in which offshore funds whose India licences have expired can dispose of securities they hold, according to a discussion paper issued on the regulator’s website. A discussion paper is the first step taken by…
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The order came after Punit Goenka challenged the Sebi’s confirmatory order (Representational) Mumbai: In a major relief to Zee Entertainment Enterprises’ promoter Punit Goenka, the Securities Appellate Tribunal on Monday quashed Sebi’s order that had barred him from holding key managerial posts in the company and other group firms. While setting aside the order, the…
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