Tag: Sebi

Rule barring investment by opaque funds done away with by SEBI on ‘weak grounds’: Congress

The Congress on Tuesday once again took a swipe at the government, alleged that a rule prohibiting investment by opaque funds was done away with by the SEBI on "weak grounds" and said the market regulator cannot run with the hares by diluting reporting requirements and hunt with the hounds pretending to identify beneficial ownership in opaque tax havens.

May 24, 2023

Can’t give indefinite extension, submit report on Adani-Hindenburg probe by Aug 14, SC to SEBI

The Supreme Court on Wednesday asked market regulator SEBI to submit an updated status report on August 14 on its probe into the Adani-Hindenburg controversy, while also directing that the copies of the report of the Justice A. M. Sapre panel will be given to the parties in the meantime to enable them assist in further deliberations.

May 18, 2023

SC grants 3-month extension to SEBI to conduct probe into Hindenburg report against Adani Group

The court also said that the matter will be listed in July and requested the expert committee to continue to assist the court.

May 17, 2023

SEBI investigating Adani since 2016 is factually baseless, regulator tells SC

SEBI has filed a rejoinder affidavit in response to a petition relating to Hindenburg Research's report on the Adani Group.

May 15, 2023

SC to hear SEBI plea seeking time extension for probe into Hindenburg report today

Securities and Exchange Board of India (SEBI) application seeking an extension of time has been opposed by the petitioner, Vishal Tiwari.

May 12, 2023

ISDM creates eligibility portal for Social Stock Exchange

The portal has been designed to help non-profit organisations determine their eligibility and requirements to apply for resources from the SSE platform.

April 1, 2023

SEBI never comments on entity-specific matters, says chief on Adani-Hindenburg issue

Securities and Exchange Board of India chairperson Madhabi Puri Buch, in her first press appearance since the Adani-Hindenburg issue rocked the country, categorically said the regulator will not comment on it as the matter is sub-judice. On March 2, the Supreme Court set up an expert committee amid the controversy arising out of a report...

March 29, 2023

Shares of Adani Enterprises nosedive 27 per cent on Wednesday

Data showed the demand for the FPO was led by non-institutional investors, and they subscribed to the shares 3.26 times.

February 1, 2023

SEBI issues list of ‘most wanted defaulters’ – all untraceable!

The SEBI has 'advised' these defaulters to contact the Recovery Officer Srishti Ambokar vide a letter or email within a fortnight by January 12, 2023.

December 28, 2022

Risk management must be driven by understanding of what is good for corporate: Ex-chairman Sebi

The Securities and Exchange Board of India (Sebi) mandates that the top 1000 companies listed must have risk management procedures. However, while releasing the Model Code, Damodaran said risk management could be a voluntary exercise for others. "I am not a great believer in something being drafted into law", he said, adding, "if they don't see the value, it might end up as one more tick box," but whether it will add to corporate well-being is suspect. "Don't mandate because mandating comes with a cost".

November 27, 2022

SEBI orders mutual fund houses to pay dividends within seven days of the record date

The fund houses are instructed to pay out the proceeds in the event of a redemption or repurchase of units within three working days. Investors in schemes where at least 80% of the capital is invested in foreign securities must be paid within five working days of the date of redemption or repurchase.

November 26, 2022

IPO-bound OYO’s EBITDA rises 8 times, loss reduced by 20 per cent

As part of its commitment to update its Draft Red Herring Prospectus with the financial performance till the first half of financial 2022-23, the global travel tech company OYO shared its financials with markets regulator SEBI today.

November 26, 2022

Bombay Dyeing alleged to have published untrue financial statements

The Securities & Exchange Board of India (SEBI) order that prohibits Bombay Dyeing and its promoters, Nusli Wadia, Ness Wadia and Jehangir Wadia from accessing the capital markets for two years and attracted heavy penalties was examining allegations that Bombay Dyeing was involved in publishing untrue financial statements and constitute manipulative and fraudulent and unfair trade practices against the minority shareholders of Bombay Dyeing and Manufacturing Company Ltd (BDMCL) and the market at large.

October 22, 2022

Delhi HC grants bail to Chitra Ramkrishna, Anand Subramanian in NSE case

The Delhi High Court on Wednesday granted 'statutory bail' to Chitra Ramakrishna, the former CEO-MD of National Stock Exchange (NSE), and former NSE official Anand Subramanian in the NSE co-location scam case.

September 28, 2022

OYO files addendum with SEBI for its public issue

This additional information is expected to help investors in taking better and well-informed decisions regarding its public issue. OYO has around 1.68 lakh storefronts across more than 35 countries that benefit from its platform.

September 19, 2022

FHRAI asks SEBI to axe Oyo’s IPO citing massive losses

The Federation of Hotel and Restaurant Associations of India (FHRAI) on Wednesday urged the Securities and Exchange Board of India (SEBI) to call off online hospitality major Oyo's initial public offering (IPO), citing the massive losses suffered by the hotel rooms aggregator in recent years.

May 12, 2022

Cabinet approves signing of MoU between SEBI and FRC Mongolia

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has approved the proposal for signing a bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Regulatory Commission, Mongolia (FRC).

April 8, 2022