Securities and Exchange Board of India
SEBI : SEBI proposes omitting technical defaults from CRA guidelines to improve rating accuracy and consistency, preventing unintended ma...
SEBI : Explore SEBI's settlement mechanism, its evolution, current performance, and recent reforms aimed at improving efficiency in secur...
CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
SEBI : SEBI updates valuation norms for AT-1 Bonds in its circular on 5th August 2024, emphasizing Yield to Call methodology and 100-year...
Income Tax : Explore the taxation of Alternative Investment Funds (AIFs) in India under Category I and II, including regulations, tax exemption...
SEBI : Madhabi and Dhaval Buch address Hindenburg 2024 allegations, clarifying personal investments, roles, and transparency, while refut...
SEBI : SEBI invites public comments on the draft circular for standardized periodic reporting by Research Analysts and Proxy Advisers. Su...
SEBI : SEBIs draft circular on reporting by Foreign Venture Capital Investors (FVCIs) seeks public comments by August 29, 2024. Review an...
SEBI : SEBI seeks public feedback on easing regulatory requirements for Investment Advisers and Research Analysts, aiming to simplify com...
SEBI : SEBI seeks public comments on regulating foreign investments through ODIs and segregated portfolios to ensure transparency and com...
SEBI : Explore the disclosure and compliance requirements for listed entities under SEBI regulations, including quarterly, half-yearly, a...
Income Tax : ITAT Ahmedabad overturns AO's decision, ruling that penny stock sale cannot be treated as unaccounted income if the purchase is ge...
SEBI : Supreme Court's landmark ruling in SEBI v. Abhijit Ranjan clarifies insider trading laws, emphasizing the importance of profit mot...
Income Tax : ITAT Ahmedabad held that addition u/s. 68 of the Income Tax Act towards long term capital gain treating sale of scrip as bogus on ...
SEBI : Bombay High Court held that minority shareholders of Bharat Nidhi Ltd. (BNL) are entitled to get documents related to proceedings ...
SEBI : SEBI addresses queries from Anjani Portland Cement on shareholding and regulatory compliance in a proposed amalgamation with its s...
Corporate Law : 15 securities firms authorized to perform Aadhaar authentication under the Prevention of Money-laundering Act after meeting privac...
SEBI : SEBI addresses allegations in Hindenburg Research report, emphasizing ongoing investigations and regulatory integrity in its Augus...
SEBI : SEBI issues an updated Master Circular for stock brokers, consolidating and rescinding previous circulars issued up to August 9, 2...
SEBI : SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immed...
The Securities and Exchange Board of India (Sebi) today asked companies to categorically state whether shares of the custodians, against which depository receipts (DRs) are issued, belong to the promoter or non-promoter entity, a move that will have repercussion for the 25 per cent public holding norms issued recently.
Companies will now have to provide more disclosures about their shareholding pattern to the stock exchanges, with the Securities and Exchange Board of India introducing some new rules in addition to the existing ones. The decision was taken at the regulator’s board meet on Wednesday.
Securities and Exchange Board of India (SEBI) has finalized and specified the Model Equity Listing Agreement for execution between the Small and Medium Enterprise (SME) issuer and the Stock Exchange.
SEBI has stipulated that no entry load shall be there for any mutual fund scheme and the upfront commission to distributors will be paid by the investor directly based on the assessment of various factors including the service rendered by the distributor.
The Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority (IRDA) disregarded the Finance Minister’s suggestion to “jointly seek a binding legal mandate from an appropriate High Court” on which body had jurisdiction over Unit Linked Insurance Plans (ULIPs). That is why the Government had to issue an Ordinance on the ULIPs issue. This was stated by the Finance Minister, Mr Pranab Mukherjee, in the Lok Sabha on Monday.
In order to ensure better compliance with the Know Your Client (KYC) norms it has been decided that with effect from August 16, 2010 such PAN non-compliant demat accounts shall also be “suspended for credit” other than the credits arising out of automatic corporate actions. It is clarified that other credits including credits from IPO/FPO/Rights issue, off-market transactions or any secondary market transactions shall not be allowed into such accounts.
As per the aforesaid regulations, the inter se relationship between the portfolio manager and client, mutual rights, liabilities and obligations relating to management of funds or portfolio of securities are specified in the agreement signed between the portfolio manager and the client.
Market regulator SEBI today extended the deadline for mutual funds to implement the ASBA facility for new fund offers to October 1. Under ASBA–Application Supported by Blocked Amount– deposits of applicants remain in their accounts till the shares are alloted.
The Takeover Advisory Committee has proposed to replace the Securities Exchange Board of India (“SEBI”) (Substantial acquisition of shares and takeovers) Regulations, 1997 (“Takeover Code”) in line with international standards and changing economic environment. The Committee constituted vide SEBI order dated 4 September, 2009, under the Chairmanship of Shri C. Achuthan (former Presiding Officer of Securities Appellate Tribunal) has comprehensively re-written the Takeover Code and submitted a report to SEBI.
As part of efforts to attract more retail investors to the stock market, Sebi is considering a proposal wherein the institutional investors would be first asked to submit their bids, possibly in the first two days, and then the remaining two days would be open only for retail investors, provided the IPO is open for four days.
