SEBI Approves 13 IPOs: 13 new companies are preparing to debut in the stock market. Yes, the Securities and Exchange Board of India (SEBI) has given approval to 13 companies to raise funds through public initial offering (IPO). This information has been given by the market regulator in an update. 13 companies are involved, including…
The Securities Appellate Tribunal (SAT) on Thursday scaled back the market regulator’s order against Avadhut Sathe and his trading academy, but allowed its investigation to continue. The tribunal directed Avadhut Sathe Trading Academy (ASTA) to deposit ₹100 crore into a fixed account, instead of the ₹546 crore demanded by the Securities and Exchange Board of…
Costs such as know your customer (KYC) charges and depository fees are largely fixed in nature since they are levied on each onboarded investor. In addition, there are fixed transaction platform charges. All of these remain the same regardless of the size of assets managed. This creates a structural mismatch at a time when mutual…
The Securities and Exchange Board of India (Sebi) has asked stock exchanges and clearing corporations to implement a Closing Auction Session (CAS), a change that will alter how closing prices are determined in the equity market. In a consultation paper issued on Friday, the market regulator said that CAS will be implemented in the equity…
MUMBAI: The Securities and Exchange Board of India (Sebi) has proposed a financial threshold to determine which market indices will fall under its regulatory oversight. In a consultation paper released on Monday, the regulator said any index tracked or used as a benchmark by domestic mutual fund schemes with cumulative assets under management (AUM) of…
Jane Street appeal against SEBI: Securities Appellate Tribunal (SAT) is scheduled to hear on February 25 the appeal filed by Jane Street Group against the interim order of market regulator SEBI. According to ET Now sources, this appeal is related to SEBI’s interim order of July 3, which had imposed restrictions on the Indian activities…
SEBI Closing Auction Session, CAS: Market regulator Securities and Exchange Board of India (SEBI) has decided to introduce Closing Auction Session (CAS) in the equity cash segment. This is a new framework that will make the discovery of closing prices more transparent and robust. SEBI said in its circular that CAS will be implemented in…
MUMBAI: The Securities and Exchange Board of India (Sebi) is set to soon release proposals on netting of foreign portfolio investor (FPI) trades and norms for a closing auction framework, Sebi chairman Tuhin Kanta Pandey said on Friday. “I think the consultation paper (on netting) will be out very, very soon,” Pandey said at Samvad,…
Markets regulator Sebi has notified a comprehensive overhaul of mutual fund regulations, introducing a Base Expense Ratio (BER) and separating fund management fees from statutory charges like GST and STT for greater transparency. At the same time, the regulator has also lowered expense ratio caps across most fund categories. The new regulations would come into…
MUMBAI: The Securities and Exchange Board of India (Sebi) is weighing whether—and to what extent—it can step into India’s unlisted share market, a segment that currently sits largely outside the market regulator’s formal jurisdiction. “This is under discussion with the Ministry of Corporate Affairs. We have to see whether we do have regulatory powers to…
