SEBI
On 3rd August, the securities appellate tribunal (SAT) issued an interesting order which, finally, nails down what thousands of investors have suspected and complained about—that the market regulator deals with complaints to its grievance redress system like a post-office. It merely forwards cases to the regulated entity against which there is a complaint. If the entity is concerned enough to resolve it, the investor is lucky.

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Moneylife Digital Team 10 August 2023
Market regulator Securities and Exchange Board of India (SEBI), in a clarification, says 96.7% of the Rs73,287.1 crore outstanding to be recovered from the difficult to recover (DTR) category are pending before the courts and law tribunals. All these cases are old cases pertaining to violations committed over a decade ago, it added.

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IANS 08 August 2023
Similar to the provision in the Income Tax Act on “unexplained credits”, markets regulator SEBI would seek to consider provisions for “unexplained suspicious trading patterns”.

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IANS 08 August 2023
Markets regulator SEBI plans to facilitate transparency around the conglomerate by enhancing the group-level reporting of transactions.

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Moneylife Digital Team 04 August 2023
Markets regulator Securities and Exchange Board of India (SEBI) has decided to keep in abeyance National Securities Depository Ltd (NSDL) proposed Rs3,600 crore initial public offering (IPO).

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Moneylife Digital Team 26 July 2023
Announcing moving to a trading+1 (T+1) settlement cycle from the existing T+2 for all scrips from 1 October 2023, market regulator Securities and Exchange Board of India (SEBI) says it is working on instant settlements of transactions in stock markets and, according to its chairperson, the

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Moneylife Digital Team 17 July 2023
Market regulator Securities and Exchange Board of India (SEBI) has denied a news report about setting up a panel to suggest changes to the securities contract regulation act (SCRA).

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The Securities and Exchange Board of India (SEBI) and its chairperson Madhabi Puri Buch have been the subject of several media columns in recent days. As the first private sector person and woman to head the powerful market regulator, she already comes in for extra scrutiny.

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Moneylife Digital Team 11 July 2023
In a writ petition filed by Binny Ltd and one of its promoters, M Nandagopal, against the Securities & Exchange Board of India (SEBI), a Bombay High Court bench of Justice Gautam Patel has observed a “specific finding based on a forensic audit report of an alleged diversion of funds of Rs851.27 crore” and also a “reference to loss to investors” in the said forensic audit report.

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The Supreme Court on Tuesday postponed the hearing on the Adani-Hindenburg dispute and requested the Securities and Exchange Board of India (SEBI) to distribute its response on the recommendations put forth by the court-appointed expert committee.

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Moneylife Digital Team 10 July 2023
The Securities Appellate Tribunal (SAT) has dismissed an appeal by the promoters of the Zee group and refused to grant a stay on an order of market regulator, saying there was no urgency to do so.

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Moneylife Digital Team 10 July 2023
On Monday, the Securities and Exchange Board of India (SEBI) submitted a 41-page affidavit to the Supreme Court regarding the Adani-Hindenburg case. The case is scheduled for a hearing on Tuesday.

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Moneylife Digital Team 10 July 2023
Amidst the growing scale of the mutual fund industry, Securities and Exchange Board of India (SEBI) has increased the role and accountability of the Trustees in a bid to safeguard unit holder’s interest.

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Market regulator SEBI has disposed of a show cause notice (SCN) issued against the promoter and director of Havells India Ltd (HIL) along with his family members for allegedly violating the provisions of the prohibition of insider trading (PIT) regulations. SEBI says the trading patterns of Surjit Kumar Gupta, promoter and director of HIL, Ajay Kumar Gupta, son-in-law of Surjit Gupta and Sadhu Ram Gupta, father of Ajay Gupta (noticees) do not seem to be unusual to qualify as being influenced by unpublished price sensitive information (UPSI).

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Moneylife Digital Team 30 June 2023
Securities and Exchange Board of India (SEBI), in its Board meeting recently approved a comprehensive range of measures to strengthen the securities market and the Corporate Governance of listed entities. These changes signify SEBI’s commitment to promoting transparency, accountability, and investor confidence in India’s capital markets. Most of these changes have been discussed with market participants as a part of the consultative process.

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Moneylife Digital Team 29 June 2023
Market regulator Securities and Exchange Board of India (SEBI) has decided to reduce the period for listing initial public offerings (IPOs) to three days from six days, applicable in two phases. SEBI also introduced provisions for additional disclosures from foreign portfolio investors (FPIs) to guard against circumvention of regulations and possible misuse of the FPI route to circumvent requirements of press note 3 (PN3).

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Moneylife Digital Team 28 June 2023
Securities and Exchange Board of India (SEBI) has made available a facility for online remittance of fees payable to the market regulator. The link can be accessed from SEBI's website (www.sebi.gov.in) under the head 'click here to make payment of SEBI fees'.

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Moneylife Digital Team 22 June 2023
After passing an interim order in 2017, market regulator Securities Exchange of Board of India (SEBI) has allowed the statutory auditor of Arvind Remedies Ltd (ARL) to walk free with just a warning. The case is related to a forensic audit conducted by Punjab National Bank (PNB) highlighting various irregularities by Arvind Remedies in financial statements showing profits through inflated sales and non-existent purchases and sales.

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Moneylife Digital Team 21 June 2023
National Stock Exchange (NSE) and NSE Clearing Ltd (NCL) paid Rs72.64 crore to settle the February 2021 trading halt issue with the Securities Exchange of Board of India (SEBI). On 24 February 2021, NSE had to suspend trading for nearly four hours after a technical glitch affected the links from the telecom service providers. The glitch occurred as rates on NSE stopped updating at 10.08am, which led to the closure of the futures & options (F&O) segment by 11.40am and the cash market by 11.43am. It affected the online risk management system, due to which market functioning had to be halted.

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Moneylife Digital Team 21 June 2023
While letting Edelweiss Broking Ltd (now known as Nuvama Wealth and Investment Ltd) off with a rap on the knuckles for not reporting suspicious transactions, market regulator Securities and Exchange Board of India (SEBI) has asked the stockbroker to be more cautious while reporting suspicious transactions. The case is related to the dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013.

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