With discussions surrounding the stock market, the term "stress test" has gained attention, especially amidst the recent decline in mid- and small-cap shares. Stress tests evaluate mutual funds' ability to liquidate portfolios swiftly during extreme scenarios.
In a move aimed at ensuring compliance as well as providing ease of doing business, Sebi has mandated that an Alternative Investment Fund, its manager and key management personnel should carry out "specific due diligence" of both their investors and investments.
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of customers.
The SEBI order targets 15 experts who appeared on a channel between February 1, 2022, and December 31, 2022, and outlines that some experts directly engaged in these illicit trades while others facilitated them.
Adani-Hindenburg row: Senior lawyer Prashant Bhushan argued that SEBI's role was suspect, while Solicitor General Tushar Mehta defended SEBI's actions, highlighting the global tendency to influence Indian policies.
"Based on representations received from market participants, for ease of compliance and investor convenience, it has been decided to extend the last date for submission of 'choice of nomination' for demat accounts and mutual fund folios to June 30," the Securities and Exchange Board of India said.
The real estate and agro-industry player's IPO features a fixed price issue with a price band set at Rs 180 per share. The issue size, comprising 3,480,000 shares, amounts to Rs 62.64 crores, and the lot size is 800 shares, ensuring accessibility for a diverse range of investors.
Further, details of certain information required for the current year such as Related Party Transactions (RPTs), and remuneration of directors among others to be specified as required up to the latest quarter.
In its order, Sebi said the inspection findings brought out two instances where the entity was not complying with the requirements of the regulator's circular.
The Supreme Court reserved its order on the pleas concerning the Adani-Hindenburg row on allegations of stock price manipulation. During the hearing, Bhushan said there were many factual revelations made in the Hindenburg report.
Going by circulars, SEBI has defined the manner of handling the unclaimed amounts lying with REITs, InvITs, and in the escrow accounts of the listed entities (which are not companies), transfer of such amounts to IPEF and claim thereof by the investors.
NBFCs, which are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI), play a significant role in the Indian financial sector and make substantial contributions to the economy.
Baap of Chart SEBI: In its 45-page interim order cum show cause notice, SEBI found that Rs 17.21 crore has been accumulated during a period of just over two years from carrying out investment advisory activities, which are both unregistered and fraudulent.
Two main types of derivative contracts are Futures and Options. These contracts involve agreements between buyers and sellers to buy or sell the underlying asset at a specified price within a certain timeframe.
Additionally, submission of 'choice of nomination' for trading accounts has been made voluntary by the regulator as a move towards ease of doing business.
Sebi board approves various proposals; discusses tech trends in securities market
The report underscores the obstacles that organizations encounter in establishing robust cybersecurity preparedness. A substantial 57% of business leaders in India pinpointed the scarcity of skilled professionals as their primary hurdle, with 44% indicating inadequate funding.
In split, the face value of equity shares are sub-divided, as a result the total number of outstanding shares increase.
NBFCs are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
The selling price will be based on a valuation certificate issued by a SEBI-approved merchant banker and the valuation based on ADPL's financial statement for the financial year ended March 31, 2023.
Top News
Latest News
