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 Parliamentary standing committee on Finance, headed by BJP member of parliament Ananth Kumar, has convened a meeting on Wednesday to examine the crisis sparked by the fraud in Satyam Computer Services. This could lead to changes in company law to strengthen regulation and governance.
PR No.58/2009 SEBI Board Meeting SEBI makes it mandatory to disclose details of shares pledged by the promoters To enhance the disclosure requirements, SEBI Board, in its meeting held today, decided to make it mandatory on the part of promoters (including promoter group) to disclose the details of pledge of shares held by them in […]
The Satyam scam has made auditors realise the need to have a ‘fraud-finding’ approach, rather than the conventional fault-finding mode while examining the books of companies. Looking at the need and appetite for such accounting practices, the apex body of chartered accountants, Institute of Chartered Accountants of India (ICAI), has introduced new study modules for […]
Eighteen companies, collectively planning to raise Rs 9,000 crore (Rs 90 billion) through initial public offers, will benefit from the Securities and Exchange Board of India’s new norms to extend the IPO validity period from three months to a year.
In continuation with the Circular No.F.1/5/SE/ 83 dated May 31, 1984 of Government of India, Ministry of Finance, Department of Economics Affairs, Stock Exchange Division, you are advised to direct your stock brokers/clearing members to carry out complete internal audit on a half yearly basis by independent qualified Chartered Accountants.
CIRCULAR NO-2/2008-Income Tax Securities and Exchange Board of India (SEBI) vide circular No.-MRD/DoP/SE/Dep/ Cir14/2007 dated 20/12/2007, has decided to permit all classes of investors (individuals, institutional, etc.) to short sell. Further, with a view to provide a mechanism for borrowing of securities to enable settlement of securities sold short, SEBI has also decided to put in place a full-fledged Securities Lending and Borrowing (SLB) Scheme for all market participants in the Indian securities market under the overall framework of “Securities Lending Scheme”, 1997″ of SEBI (Circular No.SMD/Policy/ SL/CIR-09/ 97 dated May 07, 1997).
The Japanese, with their fierce sense of commitment and loyalty to the organisation they are associated with, were ironically blasé about insider trading as typified by the general response to the law brought in 1988 in Japan to tackle the menace — what is wrong in being smart? Equally ironical is the assiduity with which insiders are pursued in the US. A journalist was hauled over the coals there for making a fast buck out of the information she garnered during the course of analysis of a company.
Companies shall be required to appoint agencies to monitor the utilisation of funds raised through public and rights issues, and report any deviation in utilisation to the stock exchanges, the Securities and Exchange Board of India announced on Thursday. They will also have to make public the adverse comments of their audit committee (or of the monitoring agency they have appointed) through advertisements in the newspapers.
The finance ministry is expected to announce the abolition of tax deducted at source (TDS) on corporate bonds in Budget 2008-09, official sources told media. The move is expected to stoke the near-dormant secondary market in corporate bonds by bringing them on a par with government securities (G-Secs). TDS on G-Secs was abolished in 2000, a move that had a positive impact on secondary trading in these bonds.
