New Delhi: Regardless of ongoing international market volatility, almost 90 corporations have submitted draft pink herring prospectuses (DRHPs) with the Securities and Alternate Board of India (SEBI) between January and Could 2025, signalling continued curiosity in going public. Information from the SEBI web site reveals that January noticed the very best exercise, with 28 corporations…
Mumbai: The Reserve Financial institution of India proposes to cap a single regulated entity’s (RE) contribution to any Different Funding Funds (AIF) at 10 per cent of its corpus whereas collectively, a ceiling of 15 per cent will apply for funding by all REs in an AIF scheme, within the revised draft instructions issued on…
By Aditya Kalra and Siddhi Nayak NEW DELHI/MUMBAI -A forensic evaluate by audit and advisory agency Grant Thornton discovered two executives of India’s IndusInd Financial institution traded in its shares whereas they have been conscious of accounting lapses on the financial institution however earlier than these have been made public, a doc reviewed by Reuters…
New Delhi: The Securities and Change Board of India (SEBI) has launched stricter guidelines to enhance governance at key market infrastructure establishments (MIIs) reminiscent of inventory exchanges, clearing companies, and depositories. In a transfer geared toward stopping conflicts of curiosity and guaranteeing market integrity, the SEBI has made it necessary for sure administrators to watch…
New Delhi, The Worldwide Monetary Providers Centres Authority (IFSCA) and the Nationwide Institute of Securities Markets (NISM) on Friday inked a pact to advance capability constructing within the monetary sector. As a part of the settlement, NISM will act as a coaching associate for IFSCA and the varied intermediaries registered with IFSCA, the markets regulator…
Mumbai: The Securities and Trade Board of India (Sebi) has proposed mandating the dematerialisation of shares held by key shareholders together with promoters, administrators and certified institutional consumers previous to an preliminary public providing (IPO). It mentioned inventory brokers, non-banking monetary firms and another regulated entities that maintain securities may even be required to have…
Story up to now: Touted as a ‘one-stop store for all issues associated to solar energy’, Gensol Engineering Ltd noticed its shares plummet by 90% in April this yr from their 52-week excessive of ₹1125 in June 24, 2024. The autumn adopted after India’s regulatory physique, Securities and Alternate Board of India (SEBI), discovered alarming…
New Delhi: India’s market regulator Securities and Alternate Board of India (SEBI) has handed an interim order barring Gensol Engineering Restricted and its promoters (additionally co-founders BluSmart) Anmol Singh Jaggi and Puneet Singh Jaggi from accessing the securities market and halted Gensol’s proposed inventory break up. The promoter brothers have now stepped down as the…
New Delhi: India’s monetary system has turn out to be extra resilient and various, pushed by speedy financial development, and regulatory framework in securities markets has been enhanced according to worldwide observe to handle and forestall rising dangers, the Securities and Alternate Board of India (SEBI) stated on Saturday, citing a modern IMF-Monetary System Stability…
Sebi chairman Tuhin Kanta Pandey on Saturday stated that the market regulator would ‘weed out’ outdated insurance policies and rationalise crucial ones. Sebi chairperson Tuhin Kanta Pandey.(Reuters) Tuhin Kanta Pandey made the remarks whereas addressing the Mint India Funding Summit & Awards 2025. “SEBI will weed out these (insurance policies) which are outdated and rationalise…
