REGULATIONS


RBI, Reserve Bank of India, primary dealers, TIER III bonds, short-term fund raising, government securities, subordinated debt   New Delhi: The Reserve Bank of India (RBI) asked primary dealers to phase out Tier III bonds, a short-term fund raising tool made available to such...

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SEBI decided to relax the mandatory 12-week time gap requirement between two consecutive OFS or IPP that would help companies to offload shares in more than one tranches depending on market conditions   Mumbai: To smoothen the process of disinvestment, capital market regulator...

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SEBI imposed the penalty on Piyush Kanungo, one of the accused in the Pyramid Saimira case, who has already been banned from trading in stocks of any company   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs2 lakh on Piyush M Kanungo,...

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The decision for e-voting facility would be implemented in a phased manner, beginning with top 500 listed companies at BSE and NSE based on market capitalisation   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) on Tuesday decided to make it mandatory for top...

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CBI had arrested Averjeet Singh along with his accomplice on a complaint filed by Ahmedabad-based trader for demanding and accepting bribe of Rs10 lakh to clear his name in a case of market manipulation   Ahmedabad: The Gujarat High court granted bail to Avarjeet Singh, the suspended...

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The much-awaited RBI measures to stem rupee's slide did not match market expectations amid rupee plunging close to 58 level   Mumbai/New Delhi: To arrest the rupee slide, the Reserve Bank of India (RBI) on Monday increased foreign institutional investors (FIIs) limit in government...

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RBI has not been comfortable with the fast growth of gold loans, which led the regulator to tighten norms on banks' exposure and also bring down loan-to-value ratio Mumbai:  Under lens of the Reserve Bank of India, leading gold finance companies have decided to form a self-regulatory...

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Besides disseminating the information on real-time basis to investors and others, the XBRL technology-based new system will also help SEBI itself as also other regulatory and investigative agencies in monitoring any irregularities Mumbai: Market regulator Securities and Exchange Board of...

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When our country is fighting against the menace of corruption, if a high ranking official of SEBI is granted bail that will send wrong signals to the society Ahmedabad: A special court of the Central Bureau of Investigation (CBI) has rejected bail application of Averjeet Singh, the...

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Will the changes in the system of consent orders make it more transparent and effective? With the advent of the Securities and Exchange Board of India (SEBI) in 1992, for the first time, Indian capital markets were exposed to a regulator whose main task was to protect the interest of...

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Ramesh S Arunachalam Ramesh S Arunachalam 19 June 2012
Good corporate governance requires people of integrity and personal integrity. It cannot be regulated—it needs to be internalized and practiced, especially by those who preach these values to others   The conviction of Rajat Gupta has sent shock waves throughout the business world...

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  SEBI took up 107 cases but completed investigations in only 14 cases with large number of cases related with market manipulation, price rigging and insider trading remaining incomplete over the last five years   New Delhi: Market watchdog Securities and Exchange Board of India...

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Although SEBI has remained silent about bribery charges against its staff, it is time the regulator puts out a comprehensive statement on the status of the investigations   Can the Securities & Exchange Board of India (SEBI) remain silent about  questions raised by the arrest of its...

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Moneylife Digital Team 16 June 2012
Manhattan jury finds Gupta guilty on three counts of securities fraud and one count of conspiracy out of six charges; faces upto 20 years in prison   Rajat Gupta, 63, whose meteoric rise to head McKinsey & Company, is considered one of the biggest Indian success stories, has been...

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Having fallen from respected insider to convicted inside trader, Rajat Gupta has now exchanged the lofty board room for the prospect of a lowly jail cell Rajat Gupta, former Director of Goldman Sachs and the poster boy of Indians at the Wall Street, was found guilty of illegally tipping...

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  FIIs issuing ODIs or PNs would have to submit details of such transactions along with the monthly summary report by 10th of every month   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has revised the reporting timeline for Foreign Institutional Investors...

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  SEBI relaxed investment norms for overseas individual investors that would allow investors from Gulf countries to invest in Indian stock markets   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has allowed investors from Gulf countries to invest in stock...

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The rapid developments with regard to the “Consent Order” mechanism to settle regulatory action initiated by the Securities & Exchange Board of India are rather intriguing On Friday, 25 May the Securities and Exchange Board of India (SEBI) released revised consent rules by amending its...

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Moneylife Digital Team 24 May 2012
Once the regulation of investment advisors comes into effect, the industry will benefit,” SEBI deputy general manager Maninder Cheema said while addressing a seminar on ‘Future of career in financial planning,’ organised by the Financial Planning Standards Board (FPSB). Aimed at...

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Facts of each case will decide which orders can be appealed against   As investors, we have often felt let down by a listed company or have been taken for a ride because of wrong or misleading information. Every time this happens, we feel the urge to lodge a complaint against the...

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