[ad_1] FINANCIAL MARKET regulators Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are worried that the surging volumes in futures and options have started impinging on capital formation and thus pose a systemic risk to India’s economic growth. “Two years ago, when retail investors flooded the F&O segment, we […]
Nitin Kamath: Zerodha CEO Nitin Kamath says SEBI rules protect Indians when US market turns cold
[ad_1] New Delhi: Credit SEBI Regulations aimed at mitigating the impact of leveraged positions on the Indian stock market, zerodha CEO Nitin Kamato Said earlier today that when the US market turns cold, Dalal Street will get a fever. “But since 2010, volatility-wise, we have been much better than the US. While credit is usually […]
AMC: SEBI fines Kotak AMC, its MD Nilesh Shah and 5 other officials for violation of rules
[ad_1] Mumbai: Securities and Exchange Board of India (SEBI) has imposed penalty on Kotak Asset Management Company (AMC), its managing director Nilesh ShahChief Investment Officer (Loans) Lakshmi Iyer and four other senior executives of the company for violation of mutual fund rules. The regulator has imposed a fine of Rs 40 lakh on Kotak AMC. […]
SEBI: Debenture trustees put on hold CCI probe, but now under SEBI lens
[ad_1] Mumbai: Defense of Debenture Trustees Bombay High CourtTo avoid scrutiny by the anti-trust regulator competition commission of India (CCI), has empowered the market regulator to initiate its investigation into alleged price cartels by custodians of debt instruments. People with direct knowledge of the matter said that the Securities and Exchange Board of India (SEBI)SEBI) […]
PVR: SEBI, Stock Exchange approve the PVR-INOX merger proposal What’s next?
[ad_1] New Delhi: PVR and has received approval from SEBI and stock exchanges in relation to the proposed merger, three months after the merger was announced. Next step for two multiplex owners is to get company approval National Company Law Tribunal (NCLT), according to Nirmal Bang Institutional equities may take another six months. The Competition […]
SEBI: SAT sets aside SEBI order de-recognition of ICEX
[ad_1] Mumbai: Securities Appellate Tribunal ,satThe Commodity Exchange of India (SEBI) has quashed the order de-recognition of the Indian Commodity Exchange.ICEX) Tribunal, which hears appeals against SEBIIt also pulled up the regulator for not giving the exchange an opportunity to revive itself. In May 2022, SEBI passed an order withdrawing the recognition given to ICEX […]
Files: JK Files submits IPO documents to SEBI to raise Rs 500-600 cr
[ad_1] Mumbai: JK Files and Engineering, a part of Raymond GroupThe company is eyeing a turnover of ₹ 1,500 crore over the next few years on expectations of strong demand for precision automotive components. After registering a growth of over 50% with a turnover of ₹812 crore in FY22, the auto-parts arm now accounts for […]
Principal MF ceased to exist as mutual fund: SEBI
[ad_1] Capital markets regulator SEBI on Thursday said Principal Mutual Fund (PMF) no longer exists as a mutual fund. Asset Management Private Limited (Principal AMC) had informed SEBI that it intends to surrender the registration granted by the regulator to PMF.Subsequently, SEBI accepted the request to surrender the registration certificate of PMF. “Consequently, PMF does […]
Former SBI MD Ashwini Bhatia takes over as whole time member of SEBI
[ad_1] The Securities and Exchange Board of India (India) on Wednesday announced that Ashwini Bhatia – former Managing Director state Bank of India ,State Bank Of India) – had taken over as the Whole Time Member (WTM) on Tuesday. For the past seven months, the regulator had worked with only two whole-time members, SK Mohanty […]