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Over 860 new FPIs registered with Sebi in 5 months of FY18

Over 860 new FPIs registered with Sebi in 5 months of FY18

Over 860 new FPIs registered with Sebi in 5 months of FY18 : New Delhi, Oct 29 More than 860 fresh overseas investors were registered with Sebi in the first five months of 2017-18, driven by their continued interest in the Indian capital markets, latest data from the regulator showed. This comes on top of close

Corporate culture now a key boardroom agenda in India: Report

PTI: Corporate culture is gaining prominence with 80 per cent of the Indian companies saying it is a key item on their board agenda and they have established internal controls in this regard, says a survey. According to a Grant Thornton global survey of 2,500 businesses in 36 economies, 85 per cent (71 per cent

Stock market ended negative territory

Stock market ended in negative territory, Sensex loses over 500 points

Major decline in domestic stock market has been observed.The domestic stock market ended in negative territory for the third consecutive day on Wednesday, with the Sensex losing over 500 points in last three sessions as pharma stocks tanked following weak first-quarter earnings reported by most of the companies. The pessimism gathered on the escalating tension between

Jaitley to head panel on HPCL stake sale to ONGC

Jaitley to head panel on HPCL stake sale to ONGC

For all the Latest news download Daily Post news app:- Click For Android Click For IOS New Delhi, July 24 (PTI) Finance Minister Arun Jaitley will head a 3-member ministerial panel to oversee and expedite the sale of government stake in oil refiner HPCL to explorer ONGC, Oil Minister Dharmendra Pradhan said today.Hindustan Petroleum Corp

140 new FPIs register with Sebi in April

For all the Latest news download Daily Post news app:- Click For Android Click For IOS About 140 fresh foreign portfolio investors (FPIs) registered with Sebi in April, indicating that India remains an attractive destination, as per latest data with markets regulator. This comes on the top of close to 3,500 new foreign FPIs registering

Sebi slaps Rs 27 lakh fine on Sungold Capital

Sebi slaps Rs 27 lakh fine on Sungold Capital

Sebi slaps Rs 27 lakh fine on Sungold Capital. Markets regulator Sebi has imposed a fine of total Rs 27 lakh on Sungold Capital Ltd and its three executive directors for allegedly violating norms related to public holding and disclosures.In an order passed on June 30, the Securities and Exchange Board of India (Sebi) imposed

New India Assurance IPO likely to hit capital market by December

New India Assurance IPO likely to hit capital market by December

New India Insurance Company can launch initial public issues in December. Insurance Company New India Insurance IPO Soon the market regulator will submit the booklet along with SEBI.If the company gets IPO If so, then he would be the first general insurance company in the public sector to do so. New India Insurance is the

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Fund raising via debt placement up 55 pc at Rs.64,000 crore in Apr

Indian companies raised close to Rs. 64,000 crore in April through private placement of corporate bonds, a surge of 55 per cent from the year-ago level, for business expansion and propping up working capital requirements. This is on top of Rs 6.41 lakh crore garnered in the entire last fiscal through this route.These funds have

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Sebi bans ESBI Infra from raising funds from investors

Market regulator Sebi on Friday barred ESBI Infrastructure Company from mobilising fresh funds from investors through issuance of securities till further orders for not complying with public issue norms. The order follows Sebi receiving a complaint against the Kolkata-based company alleging that it had collected huge amounts of money from the public by way of

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Limaye’s BCCI role to be over in August: NSE to Sebi

Seeking to fast-track Sebi’s approval for appointing Vikram Limaye as its new CEO, leading exchange NSE has informed the regulator that his involvement with cricket body BCCI would be over by August, sources said. In case Limaye is required to remain associated beyond August with the BCCI, as member of the CoA appointed by the

SEBI evolving as per the economy’s needs: Jaitley

  New Delhi:  Finance Minister Arun Jaitley on Saturday credited securities markets’ regulator SEBI for being a professional organisation which has been evolving as per the needs of the economy and the markets. Jaitley’s comments on the evolution of SEBI’s role came after he addressed its board at a post-Budget meet. “SEBI is a professional

Mallya deals bring Diageo under Sebi lens

New Delhi: In brewing troubles for Diageo, markets regulator Sebi is mulling directi+ from whom it had acquired shares under an open offer in 2013 to compensate them for some ‘preferential’ treatment to the erstwhile promoter Vijay Mallya. Diageo contests this demand and plans to file an appeal. However, the regulatory sources said that Sebi

Sebi issues draft paper on REIT to attract investors, realtors

New Delhi: With an aim to make REITs more attractive to investors and real estate players, regulator Sebi proposed relaxed norms for related party transactions and allowed these Trusts to invest more in under-construction assets. Sebi also proposed removal of restrictions on REITs (Real Estate Investment Trusts) relating to investment in special purpose vehicle (SPV)

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Sebi has seen its total income rise

New Delhi: Capital markets regulator Sebi has seen its total income rise by over 17 per cent to Rs 601.67 cr in 2015-16, mainly due to increase in fees and subscription income. As per the annual accounts of Sebi, approved by its board last week, the total revenue expenditure of the regulator also rose to

RBI and Punjab govt to jointly weed out fake financial institutions

Chandigarh: Punjab Chief Secretary Sarvesh Kaushal on Friday asked the IAS and IPS officers to evolve a mechanism in coordination with the Reserve Bank of India (RBI) and Security Exchange Bureau of India (SEBI) to flush out deceitful financial companies from across the state. He asked them to safeguard the interests of the investors and

Sebi to hit cinema screens to spread investor awareness

New Delhi: To spread investor awareness and financial education, markets regulator Sebi plans to explore cinema advertising and digital platforms for its advertising campaigns, including on ponzi menace and dabba trading. Besides, the regulator also plans to undertake financial market education and training programmes for specific target groups such as teachers and police officials. As

RBI to consult Sebi before finalising rules

Mumbai: The Reserve Bank will soon come out with a concept paper on peer-to-peer (P2P) lending, and will hold consultations with capital markets regulator Sebi before finalising the rules, Deputy Governor R Gandhi said on Monday. “A concept note on P2P lending will be put up on the RBI website for public comments shortly,” Gandhi

SAT raps Sebi for ‘blind’ support to adjudicating officers

Mumbai: Sebi has got a rap on the knuckles from Securities Appellate Tribunal, which has termed the regulator’s conduct as “disgraceful” in “blindly supporting” certain penalty orders passed by its adjudicating officers. Remanding the case back to the market regulator for “fresh decision on merits and in accordance with law”, SAT said it hopes the

Sebi provides clarity for small companies

New Delhi: Promoters of small companies who get written consent from at least 90 per cent of the public shareholders to delist shares will be considered to have complied with the delisting norms, according to Sebi. The clarification has been provided in the latest set of Frequently Asked Questions (FAQs) on Sebi (Delisting of Equity