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    Mutual Fund Classification Changes Aiming for Greater Transparency

    New Delhi, February 26 The securities regulator, Sebi, on Thursday announced a revamped framework for classifying mutual fund schemes, introducing Life Cycle Funds, while scrapping the Solution Oriented Schemes category and tightening disclosure and overlap norms to enhance uniformity and...
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    No Enforcement Action Recommended in Dr. Reddy's SEC Probe

    New Delhi, February 24 Dr. Reddy's Laboratories said on Tuesday that the U.S. Securities and Exchange Commission has not recommended any enforcement action against it due to an anonymous complaint alleging improper payments to healthcare professionals in Ukraine and other countries.The...
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    SEBI Chair Meets with Luxembourg Delegation to Discuss Mutual Interests

    Mumbai, February 24 A high-level delegation led by Luxembourg Finance Minister Gilles Roth met with Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey and discussed issues of mutual interest and cooperation.The delegation met with Pandey and other senior officials, SEBI...
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    IDFC First Bank Fraud: Full Recovery Confirmed by Haryana CM

    Chandigarh, February 24 – Haryana Chief Minister Nayab Singh Saini informed the Assembly on Tuesday that the entire amount involved in the fraud involving state government accounts at the IDFC First Bank branch in Chandigarh has been returned to the government's accounts."A total of Rs 556...
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    Haryana Government Investigates ₹590 Crore Bank Fraud

    Chandigarh, February 24 – The Haryana Vigilance and Anti-Corruption Bureau has registered an FIR in connection with a ₹590-crore fraud involving accounts of the Haryana government at the IDFC First Bank and AU Small Finance Bank branch in Chandigarh, a government official said on Tuesday.The...
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    Navigating the Future: Sebi's Call for Transparent AI Reporting

    Mumbai, February 23 Sebi's full-time member, Amarjeet Singh, cautioned on Monday against "artificial washing," or the use of exaggerated claims as a marketing tactic, warning that such instances can erode public trust in the markets."We have seen instances of market participants making...
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    Sebi Orders Settlement in Related-Party Transaction Case Involving Kalyani Steels

    New Delhi, February 23 Three entities, including Kalyani Steels Ltd (KSL), settled with the market regulator, Sebi, on Monday a case of alleged violation of disclosure and related-party transaction norms after paying a total of Rs 4.12 crore.KSL is part of the Kalyani group, led by Babasaheb...
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    India's Economic Growth: SEBI Chairman on Rising Investor Base

    Stating that the country is on track to become the world's third-largest economy, SEBI Chairman Mr. Tuhin Kanta Pandey said this growth will also lead to an increase in the number of affluent investors. Reaffirming that the Portfolio Management Services (PMS) industry is well-positioned to meet...
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    Pandey: Sebi to Assess Portfolio Management Framework

    Mumbai, February 23 The capital markets regulator, Sebi, will be conducting a review of the regulations governing portfolio management services (PMS), Chairman Tuhin Kanta Pandey said on Monday."We propose to carry out a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020...
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    NSE Announces Nano-Second Trading, Sebi Highlights AI Adaptation

    Mumbai, February 21 Amid the Galgotias University controversy, Sebi's executive director Sunil Kadam on Saturday urged the market ecosystem to avoid "copying" others and instead innovate independently."… India should not be adopting things like we experienced at the global (AI Impact) Summit...
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    India's First Fertility Care IPO: Gaudium IVF Secures Investment

    New Delhi, February 19 Gaudium IVF, a provider of fertility services, and Women Health Ltd announced on Thursday that they have raised ₹49.5 crore from anchor investors, ahead of the opening of their Initial Public Offering (IPO).According to a circular uploaded on the BSE website, the anchor...
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    Regulatory Review: Sebi Targets ESG Rating Provider Transparency

    New Delhi, February 18 The market regulator, Sebi, announced on Wednesday that it has formed a working group to review the regulatory framework governing ESG Rating Providers (ERPs).The decision was made based on feedback received from market participants and stakeholders regarding the...
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    ASK Group Expands Wealth Management Services with Mutual Fund Launch

    New Delhi, February 17 ASK Asset & Wealth Management Group, a player in the investment and wealth management sector, has received regulatory approval from SEBI to begin operations as an investment manager for the mutual fund business.ASK Mutual Fund will offer investment solutions across...
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    New IVF Company IPO Set to Launch, Targeting Growth in Indian Market

    New Delhi, February 17 Gaudium IVF and Women Health Ltd, a provider of fertility services, announced on Tuesday a price band of ₹75-₹79 per share for its initial public offering (IPO) worth ₹165 crore.At the higher end, the company's valuation is estimated at ₹575 crore.The company's maiden...
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    NCDEX Selects TCS for Next-Generation Trading Platform

    New Delhi, February 13 The National Commodity and Derivatives Exchange (NCDEX) announced a long-term strategic partnership with Tata Consultancy Services (TCS) on Friday to support its planned entry into the equity and equity derivatives markets.The exchange selected TCS following a...
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    Premier Industrial, Duroflex, and Virupaksha Organics Seek Public Listings

    New Delhi, February 13 As many as five companies, including Premier Industrial Corporation and mattress maker Duroflex, have secured Sebi approval to launch their IPOs, an update with the markets regulator showed on Friday.Besides, pharmaceutical company Virupaksha Organics, Mumbai-based...
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    New RBI Rules Permit Bank Financing for Real Estate Investment Trusts

    Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
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    Stock Brokers: Sebi Considers Changes to Reporting Requirements

    New Delhi, February 13 To promote ease of doing business, the markets regulator, Sebi, on Friday proposed additional relaxations to reporting norms for stock brokers, including exempting certain demat accounts held by brokers who are also primary dealers from tagging requirements.Furthermore...
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    Sebi Launches AI Campaign to Boost Investor Awareness

    New Delhi, February 13 The market regulator, Sebi, launched a multilingual, AI-enabled public outreach campaign on a pilot basis on Friday to enhance investor awareness about the 'Sebi Check' tool and validated UPI handles.The initiative has been launched in collaboration with Sarvam, a...
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    New Regulations Clarify CRA Oversight by Multiple Regulators

    New Delhi, February 10 The securities regulator, Sebi, on Tuesday announced a comprehensive framework for credit rating agencies (CRAs) that rate financial instruments regulated by any other financial sector regulator (FSR). The aim is to ensure clearer segregation of activities, disclosures...
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