Securities and Exchange Board of India
NSE to exclude 11 stocks from derivatives segment; BSE 9
IDBI Bank Ltd, Arvind Ltd, Birlasoft Ltd, Hindustan Zinc among others would be excluded by NSE and BSE.
Sebi to tighten auditor resignation norms
Auditors have to give detailed reasons for resigning from an audit job.
Sebi provides new format for compliance report on corporate governance
In a circular, Sebi prescribed new format for disclosures to be made on quarterly basis, annual basis for whole financial year.
Sebi issues stricter regulations for mutual funds, promoters pledge
Sebi board took a call on key changes over credit rating firms, promoters’ pledge of shares, liquid funds and royalty payments
Mutual Fund allowed in commodity derivatives
Sebi has also laid down a few riders for the mutual funds.
Sebi comes up with system audit framework for AMCs-MFs
The regulator has asked MFs and AMCs to conduct system audit on an annual basis by an eligible independent auditor.
Tantallon Fund pays Rs 55 lakh to settle case with Sebi over FII norms violation
Under the settlement, an entity is allowed to settle charges by paying a penalty without admission or denial of guilt.
Sebi seeks more powers to inspect books of listed firms, thwart frauds
Sebi proposed a heavy penalty for altering, destroying or falsifying records and documents with intent to obstruct investigation.
SEBI mulls reducing rights issue listing time
In September last year SEBI decided on reducing time to list shares on bourses after IPO to 3 days from the present 6.
Got a hot tip? Watch out, it may burn you
Cartels operating in clear contravention of the law are busy ramping up share prices of dubious companies.