REGULATIONS


Moneylife Digital Team 30 August 2012
Since we Indians do not believe much in making non-cash transactions, the RBI is taking measures to facilitate customers for doing so. With low penetrations of ATMs and POS, the question is-How soon is it possible?   RBI governor D Subbarao said recently that India has one of the...

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MDT/PTI 30 August 2012
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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MDT/PTI 30 August 2012
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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MDT/PTI 29 August 2012
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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MDT/PTI 29 August 2012
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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MDT/PTI 29 August 2012
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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MDT/PTI 29 August 2012
Subbarao said the battle against inflation has not ended yet and the central bank need to bring it down to more acceptable levels of 5% or even less than 5% New York: Reserve Bank of India (RBI) Governor D Subbarao has said the battle against inflation has not ended yet and high prices...

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MDT/PTI 28 August 2012
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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MDT/PTI 28 August 2012
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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MDT/PTI 28 August 2012
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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MDT/PTI 27 August 2012
  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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MDT/PTI 27 August 2012
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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MDT/PTI 27 August 2012
In a sharp reaction to SBI chief Chaudhuri's recent comment that CRR does not help anybody and it was unfairly put on banks, Dr Chakrabarty said, it he is not able to do business as per RBI's regulatory environment, he has to find some other place Kancheepuram (Tamil Nadu): A top...

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MDT/PTI 27 August 2012
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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MDT/PTI 27 August 2012
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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MDT/PTI 27 August 2012
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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MDT/PTI 24 August 2012
SEBI's Committee of Executive Directors felt that the investment of funds should be guided by consideration of return balanced with safety of funds rather than sole criterion of highest return New Delhi: Capital market regulator Securities and Exchange Board of India (SEBI) has decided...

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MDT/PTI 24 August 2012
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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