REGULATIONS


The matter relates to SEBI's investigation into the affairs of BoR for a period between June 2007 and December 2009. SEBI said allegations of breach of relevant regulations by these two do not stand established and therefore, they are absolved of the charges   Mumbai: Market regulator...

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While one case is related to investigations by SEBI in the IPO of RDB Rasayans, the other relates to alleged irregularities in the IPO and trading of the shares of PG Electroplast. SEBI still has not passed its final orders in these cases in last seven months after imposing interim...

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The move would facilitate business relationship between non-residents and local businessmen Mumbai: The Reserve Bank of India has allowed non-residents to provide guarantee for non-fund based activities to residents, a move that would facilitate business relationship between...

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To shorten the entire IPO process, SEBI is also working at faster allotment of shares to investors and reduce the time -gap between closure of issue and final listing from 12 days to five days   New Delhi: Capital Market regulator Securities and Exchange Board of India (SEBI) will...

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The move to allow partial flexibility in conversion of IDRs is expected to help in attracting foreign entities to list their IDRs on domestic bourses   Mumbai: Financial regulators -- Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI) -- allowed partial...

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While lowering the fine from Rs10 lakh to Rs2 lakh, the tribunal consented with SEBI's charges that Platinum Corp never implemented certain corporate announcements made by it and its promoters and directors offloaded their holdings after a rise in share price New Delhi: The Securities...

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From now onwards, the affiliated stock broker has to issue a public advertisement in a local newspaper located at the sub-broker's place of work to publicly inform his/her registration Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has asked stock brokers to make...

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Frontier Leasing and Finance sold 2.86% stake in Subway Finance and Investment but did not disclose the information for over 2,808 days   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs50,000 on Frontier Leasing and Finance Ltd (FLFL) for...

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Moneylife Digital Team 27 August 2012
All depository participants have been asked by SEBI to provide basic services demat account with limited services and reduced cost to retail investors Market regulator Securities and Exchange Board of India (SEBI) has asked all depository participants (DPs) to provide a “basic services...

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  IPPs and OFSs are avenues made available to the promoters to help them dilute their stake and meet the guidelines of 25% minimum public shareholding in private companies and 10% in PSUs New Delhi: With an aim to help promoters dilute stake to meet minimum 25% public holding norms,...

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SEBI allowed professionals and qualified entrepreneurs to get help from private equity and other funds to meet share lock-in requirements New Delhi: With an aim to help companies set up by professionals and qualified entrepreneurs to tap capital market, market regulator Securities and...

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Besides RBI, capital market regulator SEBI may also join the investigations, as there are concerns of funds from these banks being routed to stock markets through foreign investors and other entities   New Delhi: The Reserve Bank of India (RBI) has widened its probe into the affairs...

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A final decision would be taken by SEBI after examining operational and legal feasibilities of enabling investors to make payments for IPOs through ATM, debit and credit cards and mobile banking   New Delhi: In a major leap towards using latest technology in financial markets, market...

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According to UK Sinha, investment in mutual funds and equity market is important for the people in their long-term interest Patna: UK Sinha, chairman of the Securities and Exchange Board of India (SEBI) has asked the people of Bihar to consider investment in the capital market in...

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RBI governor Dr D Subbarao recently said, “Inflation is a regressive tax for the silent poor”. Despite the RBI’s efforts, inflation refuses to come down. Moneylife columnist, in his open letter to the RBI governor, suggests ways to mitigate the miseries of the large majority of India’s poor

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SEBI's crackdown against unregulated staff welfare schemes and trusts has comes amid concerns that some companies may be funding these schemes to deal in their own securities with an aim to manipulate the share price by engaging into fraudulent and unfair trade practices New Delhi:...

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The comments from RBI come against the backdrop of corporate sector complaining about inordinate delays in getting clearances, especially on the environmental front Mumbai: Alarmed by the slowdown in infrastructure projects due to policy delays, the Reserve Bank of India (RBI) put the...

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The central bank is scrutinising the 'systems' of HSBC Bank and Standard Chartered Bank related with anti-money laundering and know your customer norms    New Delhi: The Government on Wednesday said the Reserve Bank of India (RBI) is scrutinising the 'systems' of HSBC Bank and...

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Sucheta Dalal Sucheta Dalal 22 August 2012
SEBI has announced a series of reforms to revive investor confidence and make IPOs attractive again, but what has it done to resolve investors’ grievances? The Securities & Exchange Board of India (SEBI) announced a series of reforms that it hopes will revive retail investor confidence...

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The revised RBI guidelines also stipulate that NBFC cannot sell or securitize a loan unless three monthly instalments have been paid by the borrower Mumbai: The Reserve Bank of India (RBI) has tightened the non-banking finance company (NBFC) securitisation norms by stipulating that an...

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