REGULATIONS


Some operator-driven stocks in the F&O segment have crashed in response to SEBI’s decision to change the norms. Why had NSE added a bunch of dubious stocks to the F&O list that was open to manipulation and why is BSE silent about manipulation in hundreds of obscure companies? The answer is...

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Moneylife Digital Team 26 July 2012
The panel recommended that general insurance companies proposing to come out with IPOs should disclose the “claims arising out of catastrophic losses, which could impact the profitability or cash flow of the insurance companies.” Mumbai: Clearing the decks for the Insurance Regulatory...

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Media has faithfully reported SEBI’s decision to change F&O eligibility criteria as a move to curb manipulation. But nobody has asked what was NSE doing all this while? Moneylife has highlighted brazen manipulation in creating the F&O list several times in the past On Tuesday market...

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Shares with a minimum trading volume of Rs10 lakh and market wide position limit or market capitalisation of Rs300 crore would be eligible for entry into the Future and Options segment   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has hiked the benchmark...

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Moneylife Digital Team 18 July 2012
SEBI wants brokers and investors to give an undertaking that they have no connection with the company in which the investor wants to invest his hard earned money Just two days ago, regulators including Securities and Exchange Board of India (SEBI), released the draft “National Strategy...

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MDT/PTI 16 July 2012
The draft “National Strategy for Financial Education” seeks to create a “financially aware and empowered India” and convert savers into investors over five years Mumbai: Financial sector regulators, including Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and...

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Being frustrated by the lack of opportunities to grow in the organisation, SEBI’s VRS scheme is used by good officers to exit and join stock exchanges or market intermediaries In April 2012, SEBI offered a voluntary retirement scheme (VRS) for employees above 40 years who had completed...

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The CIC said argument offered by SEBI official that the disclosure would impede the process of the quasi-judicial proceedings is neither supported by any evidence nor tenable   New Delhi: The Chief Information Commissioner has directed the Securities and Exchange Board of India (SEBI)...

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The trade repositories will be launched in phases, starting with inter-bank forex forwards and swaps in the US dollar-rupee pair, and then go on to other areas Mumbai: The Clearing Corp of India (CCIL) on Monday launched a trade repository for over the counter (OTC) foreign exchange...

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Although the RBI has expressed concerns about the slow deposit and credit growth rates, given the high inflation, it may not go in for a rate cut on 31st July Mumbai: Bankers on Monday sought pro-industry and liquidity easing measures from the Reserve Bank of India (RBI) as it prepares...

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MDT/PTI 06 July 2012
e-IPOs will help in fast-track the IPO process and lower costs, besides allowing investors to apply for shares and buy them at a click on computers without the need for signature on bulky physical documents   New Delhi: In a bid to revitalise the primary issue segment, capital market...

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SEBI reduced the time-line for registering the transfer of shares to 15 days from 30 days to expedite the transfer process in the interest of the investors New Delhi: In a move to expedite the transfer process of equity shares market regulator Securities and Exchange Board of India...

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The finance ministry last evening had issued draft guidelines on GAAR but the PM, who now holds the finance portfolio, is yet to see the guidelines. They will be finalised only after the PM’s approval, the PMO said New Delhi: Within 24 hours of the finance ministry issuing the draft...

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As per the guidelines, GAAR provisions would be invoked only in cases where foreign institutional investors (choose to take the benefit of double tax avoidance treaties New Delhi: To address investor concerns over taxation issues, the finance ministry on Thursday proposed a monetary...

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MDT/PTI 28 June 2012
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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MDT/PTI 27 June 2012
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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MDT/PTI 27 June 2012
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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MDT/PTI 26 June 2012
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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MDT/PTI 26 June 2012
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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MDT/PTI 25 June 2012
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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