Tag: Securities and Exchange Board of India

Sebi makes process of securities payout directly to client’s account mandatory

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Sebi makes process of securities payout directly to client’s account mandatory

The Securities and Exchange Board of India. File | Photo Credit: Reuters To enhance operational efficiency and reduce the risk to clients’ securities, markets regulator SEBI on May 5 decided to make the process of direct payout of such securities to the client’s account mandatory. This will become effective from October 14, the Securities and…

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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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Indian regulator finds Adani offshore investors in disclosure rules violation: Report

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Indian regulator finds Adani offshore investors in disclosure rules violation: Report

A logo of the Adani Group | Photo Credit: Reuters India’s markets regulator found a dozen offshore funds invested in Adani Group companies were in violation of disclosure rules and in breach of investment limits, two people with direct knowledge of the matter said on April 22. They declined to be named as they not…

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Vedanta ordered to pay Cairn UK 9.4 million for delayed dividends

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Vedanta ordered to pay Cairn UK 9.4 million for delayed dividends

FILE PHOTO: A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo | Photo Credit: Reuters March 12 Indian mining group Vedanta must pay $9.4 million) to Cairn UK Holdings for a delay in paying dividends, the Securities and Exchange Board of India (SEBI) said on March 12. The…

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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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