Tag: SEBI

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

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

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…

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

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

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…

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SEBI rejects NSE’s proposal to extend trading hours

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SEBI rejects NSE’s proposal to extend trading hours

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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FirstCry set to withdraw $500 million IPO papers after regulatory scrutiny

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FirstCry set to withdraw 0 million IPO papers after regulatory scrutiny

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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Paytm jumps 5% as digital payments app survives banking unit shutdown

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Paytm jumps 5% as digital payments app survives banking unit shutdown

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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SEBI asks mutual fund houses to protect investors in small, midcap schemes amid surging inflow

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SEBI asks mutual fund houses to protect investors in small, midcap schemes amid surging inflow

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…

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Sebi cautions investors against fraudulent trading platforms offering stock market access via FPI route

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Sebi cautions investors against fraudulent trading platforms offering stock market access via FPI route

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,…

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Paytm shares jumped 5% in the morning trade on February 26, 2024

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Paytm shares jumped 5% in the morning trade on February 26, 2024

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 using Artificial Intelligence for investigations, says official

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SEBI using Artificial Intelligence for investigations, says official

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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