Last Updated:January 30, 2025, 13:33 IST SEBI circular specifies that individuals claiming to offer education should not use market price data from the last three months SEBI To curb finfluencers from promoting stock tips on social media platforms under the guise of “educational purposes only,” the markets regulator, SEBI, has issued a draft circular limiting…
MUMBAI: Florida-based investor Digvijay Laxmansinh Gaekwad, who has shown interest in purchasing Religare Enterprises, will need to appoint a merchant banker to comply with Sebi‘s takeover rules. After that, he will seek the regulator’s approval to make an offer for the New Delhi-based financial services company. This comes after Sebi on Tuesday “returned” Gaekwad’s letter…
Last Updated:January 23, 2025, 10:53 IST Sachetisation of mutual funds will enable small ticket investment in mutual funds gradually on a periodic basis, and it can assist in financial empowerment of the under-served section of the economy, says Sebi. Sebi said the small ticket SIP that an investor can start may be restricted to three…
New Delhi: Markets regulator Sebi on Friday issued guidelines to revamp the nomination process for mutual fund folios and demat accounts to enhance transparency and minimise unclaimed assets in the securities market.The new norms will come into effect from March 1 and cover a range of measures for investors and regulated entities, including asset management…
Last Updated:January 02, 2025, 19:25 IST The order passed by Sebi’s adjudicating officer said the contents of the earlier Show Cause Notice (SCN) issued to them will also be incorporated “in the SCN to be issued in the instant matter”. ZEEL and its top management are under Sebi scrutiny for alleged violations of disclosure norms…
MUMBAI: The BSE on Monday suspended trading in the stocks of Bharat Global Developers after a Sebi investigation found that an over 10,000% rise in its price between Nov 2023 and Nov 2024 was on the back of false stock exchange disclosures that benefited only a handful of investors directly linked to the company’s management….
MUMBAI: Markets regulator Sebi has detected a case of front running by an equity dealer with PNB Metlife India Insurance by which the dealer and his associates had together made illegal gains of Rs 21.2 crore over more than three years. Sebi, through an interim order, has barred Sachin Dagli (the dealer), and his associates…
Last Updated:December 04, 2024, 17:21 IST The order comes after Axis Securities filed an application with Securities and Exchange Board of India (Sebi) proposing to settle the violation of broker regulations “without admitting or denying the findings of fact and conclusions of law”. Based on the findings in the investigation, a show cause notice by…
MUMBAI: Sebi has directed Trafiksol ITS Technologies to refund the Rs 44.9 crore paid by investors who were allotted shares in the company’s IPO. BSE, in coordination with bankers, will oversee the refund process, which should be completed within one week from the date of the order, along with the interest earned on the issue’s…
MUMBAI: Sebi on Thursday allowed an alternate bourse to act as a fall-back option for investors to trade in case of a system outage on one. In effect, if there is a trading system failure on BSE, NSE could act as the alternate trading platform for investors to trade. The reverse is also true: A…
