Learning from the recent financial crisis, a Sebi committee, which was set up to look into different aspects of stock exchanges and related intermediaries like depositories and clearing corporations, has suggested a substantial increase in the net worth requirement for such entities.
The Small Industrial Development Bank of India (SIDBI) has reported that SKS Microfinance Ltd. (SKS), the only Micro Finance Institution (MFI) in India to be listed on the Bombay Stock Exchange/National Stock Exchange (BSE/NSE) had gone for an initia
The Securities and Exchange Board of India (Sebi) is likely to lower the cap on mutual fund expenses. At present, fund houses can charge up to 2.5% of average assets for equity schemes and 2.25% for debt schemes as annual expenses.It is likely that t
Concerned over large-scale outflow from mutual fund schemes, market regulator Sebi wants fund houses to invest part of their profit on cementing ties with investors and curtail commissions and freebies to agents. Market watchdog Sebi, which also over
Capital market regulator the Securities and Exchange Board of India (Sebi) has allowed domestic exchanges to introduce European style stock options, a move that is expected to boost volumes in these contracts. Currently, stock options on Indian excha
Amendment to the format of disclosure under clause 35:-Currently custodians are classified as a separate category other than promoters and non – promoters. Henceforth, shares held by custodians shall be disclosed as a part of the promoter/ promoter g
L&T Finance Holdings today said it is awaiting the nod of the market regulator Securities and Exchange Board of India for its initial public offering to raise Rs 1,500 crore.
Securities and Exchange Board of India (SEBI) had notified the Regulations for Public Offer and Listing of Securitized Debt Instruments on May 26, 2008. The Regulations, inter alia, specified initial disclosure requirements for offer documents for pu
The Reserve Bank of India has, today, placed on its website “A Profile of Banks 2009-10”. The publication, “A Profile of Banks 2009-10”,the sixth volume in the series, provides a bank-wise and bank group-wise information on important performance in
under CST Act as lot of Assessments are pending under VAT and CST Acts and many dealers are facing problems in getting and producing the C forms for finalization of their assessments. Some important issues relating to the C forms are discussed as below for the benefit of dealers all around India:
