-
Posted Date : 29-Jul-2013 , 07:12:28 pm | Posted By CASANSAAR
Capital market regulator Sebi on Monday tightened disclosure norms for hedge funds and other Alternative Investment Funds using complex trading strategies, especially for those leveraging investments for higher returns or borrowings. Such funds have been asked to have a co...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 226
-
Posted Date : 23-Jul-2013 , 08:06:45 am | Posted By CASANSAAR
In a major upgrade of powers given to Sebi, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disgorgement directions to recover the wrongful gains made in contravention of laws. At the same ti...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 269
-
Posted Date : 15-Jul-2013 , 07:19:19 am | Posted By CASANSAAR
To make its enforcement actions more effective, market regulator Sebi is considering a significant increase in its monetary penalties, as also steps like public censure, against the errant entities. The proposals have been made to Sebi by an independent consultant, which was brought on boar...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 278
-
Posted Date : 12-Jul-2013 , 08:42:39 am | Posted By CASANSAAR
Market regulator Sebi has made it mandatory for companies to disclose the source of funds coming through preferential allotment of shares, a move aimed at discouraging the use of front entities by promoters to increase their stake. The directive seeks to plug the loophole in Seb...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 355
-
Posted Date : 02-Jul-2013 , 07:30:52 am | Posted By CASANSAAR
Calling for a need to have 'corporate democracy' in the country, capital market regulator Sebi today said it is not fair for top executives to get high compensations at companies that are not performing well.At the same time, Sebi has ruled out any 'disruptive' regulations to force anythin...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 263
-
Posted Date : 27-Jun-2013 , 08:30:06 am | Posted By CASANSAAR
Sebi's formal recognition on June 25 to a separate class of investors—angel investor funds— resolves to a certain extent the problem of "angel tax". However, if a high networth angel individual invests at a premium in a startup, this tax issue continues to exist. The Finance...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 232
-
Posted Date : 27-Jun-2013 , 08:27:23 am | Posted By CASANSAAR
Amid declining value of rupee, the Reserve Bank today relaxed ECB norms and allowed companies to use the overseas debt to pay for import of services, technical know-how and licence fee as part of capital goods imports. Currently, eligible entities can raise ECB (external commercial borrowing) ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 297
-
Posted Date : 21-Jun-2013 , 08:16:04 am | Posted By CASANSAAR
Market regulator Sebi (Securities and Exchange Board of India) has notified guidelines for investment advisers and their 'associated persons', making it compulsory for them to get requisite certifications to operate in the stock markets. The investment advisers and their associated persons,...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 453
-
Posted Date : 20-Jun-2013 , 06:17:15 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) will conduct on Thursday an auction for grant of investment limits to foreign investors in government debt securities worth over Rs. 42,000 crore - the biggest sale of G-Secs so far this year. It would be first auction for debt securities ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 246
-
Posted Date : 14-Jun-2013 , 08:14:16 am | Posted By CASANSAAR
Centre has decided to include Sebiand RBI among the nine agencies which will be authorized to accesss call data records (CDRs). Sources in the home ministry, which is finalizing the new norms for interception in concert with the department of telecom, said that t...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 296
-
Posted Date : 13-Jun-2013 , 08:29:03 am | Posted By CASANSAAR
A committee set up by the Securities and Exchange Board of India (SEBI) has recommended merging foreign investment in India's stock markets into a single investor class as well easing registration norms for foreign buyers, in a move aimed at appeasing foreign investors. A panel set up by ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 193
-
Posted Date : 06-Jun-2013 , 08:31:38 am | Posted By CASANSAAR
Seeking to push the companies to act on issues flagged by their auditors,market regulator Sebi today asked them to immediately inform the investors about any restatement of their books of accounts necessitated by points raised by the audit process. The latest direction follows Sebi's ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 254
-
Posted Date : 05-Jun-2013 , 02:42:36 pm | Posted By CASANSAAR
Cracking the whip on the promoters of over 100 private sector companies having failed to attain minimum 25 per cent public holding, Sebi today ordered freezing their voting rights and corporate benefits and barred them from holding any new position on boards of listed firms. The promoters and direc...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 279
-
Posted Date : 31-May-2013 , 08:03:16 am | Posted By CASANSAAR
With few days left to lower promoter holding to 75 per cent in listed private sector firms, Sebi today allowed them to make an announcement for such sale of shares through OFS route just one day in advance. So far the companies had to announced sale of promoters share to meet the guid...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 227
-
Posted Date : 30-May-2013 , 07:51:02 am | Posted By CASANSAAR
With an aim to weed out unauthorised entities giving advice to investors, market regulator Sebi today said anyone seeking to act as an investment adviser would need to first obtain a certificate of registration for the same. As a part of its efforts to make it convenient for...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 386
-
Posted Date : 26-May-2013 , 10:45:37 pm | Posted By CASANSAAR
Nearly 87 actively-traded companies, including 75 private entities and 12 state-run units, are yet to comply with the minimum public shareholding (MPS) norms stipulated by the Securities and Exchange Board of India (Sebi). The Indian market has seen 44 OFSs (offer-for-sale) and eight IPPs (institut...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 275
-
Posted Date : 25-May-2013 , 08:21:24 am | Posted By CASANSAAR
Committing to strengthen Sebi, Prime Minister Manamohan Singh Friday asked the capital market regulator to eliminate insider trading and take steps to encourage small investors to invest in equities. "... Regulation should be guided by the need to increase transparency and lead to higher investment...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 196
-
Posted Date : 24-May-2013 , 08:39:46 am | Posted By CASANSAAR
The Securities and Exchange Board of India (SEBI) celebrates its silver jubilee Friday amid calls that the capital market regulator needs to follow global standards and improve market intelligence, technology and talent pool to beef up the enforcement processes, protect investors and allow the launc...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 295
-
Posted Date : 22-May-2013 , 08:38:47 am | Posted By CASANSAAR
Market regulator Sebi today exempted listed companies from submission of valuation report from an Independent Chartered Accountant for undertaking activities like merger, de-merger or change in capital if there is no change in the overall shareholding pattern. However, the c...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 766
-
Posted Date : 19-May-2013 , 04:11:55 pm | Posted By CASANSAAR
Amid a growing number of brokerage firms, hedge funds and other market intermediaries from abroad soliciting business from HNIs and other investors in India, SEBI is considering introducing a separate set of rules for such foreign entities. The new set of rules would ensure that the interme...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 250
-
Posted Date : 14-May-2013 , 07:56:02 am | Posted By CASANSAAR
Market regulator Sebi today extended the deadline for listed companies to comply with norms that bar employee benefit schemes and trusts from buying shares of their own firms from the secondary market, to December 31. Sebi has also provided clarification on applicability of thes...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 188
-
Posted Date : 12-May-2013 , 08:25:02 pm | Posted By CASANSAAR
Capital markets regulator Sebi is looking to frame a 'trade annulment policy' to cancel the freak trade orders that might have wider ramifications in terms of impact on the indices or other stocks. The annulment policy would look at safeguarding the broader market interests from the freak orders ex...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 209
-
Posted Date : 08-May-2013 , 06:35:54 am | Posted By CASANSAAR
The National Stock Exchange (NSE) said on Tuesday that it has received an approval from market regulator Securities and Exchange Board of India (Sebi) to set up a separate debt trading platform. The platform would bring much more transparency and credibility to the way debt securities are traded an...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 260
-
Posted Date : 07-May-2013 , 08:46:46 am | Posted By CASANSAAR
The Securities and Exchange Board of India ( Sebi) is concerned over sensitive information that could be used to rig stock markets being passed on over smartphones through encrypted services such as BlackBerry Messenger ( BBM), WhatsApp and Viber.Sebi's investigations into a number of insi...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 379
-
Posted Date : 04-May-2013 , 07:37:37 am | Posted By CASANSAAR
Capital market regulator Sebi is trying to find a way to regulate large investors who place their trading servers within the exchange premises to gain a split second advantage - a practice that makes markets more vulnerable to flash crash. Better known as co-location, stock exchanges and o...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 225
-
Posted Date : 03-May-2013 , 08:54:58 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) has fined Reliance Industries group entity Reliance Petroinvestments (RPIL) Rs 11 crore for violating insider trading norms in the shares of erstwhile IPCL before its merger with RIL. "It may be concluded that by virtue of RPIL having contro...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 318
-
Posted Date : 27-Apr-2013 , 06:48:30 pm | Posted By CASANSAAR
The Supreme Court has askedSEBI to deal sternly with companies indulging in manipulative and deceptive practises to send a clear message that market abuse will not be tolerated in the country. "SEBI, the market regulator, has to deal sternly with companies and their Directors ind...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 1365
-
Posted Date : 25-Apr-2013 , 08:39:30 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) will introduce rules for wealth management and foreign broking firms, which intend to sell financial products to Indian citizens. The fresh set of regulations, to be in addition to those from the Reserve Bank of India (RBI), are being considered to b...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 209
-
Posted Date : 24-Apr-2013 , 08:37:35 am | Posted By CASANSAAR
Finance minister P Chidambaram on Tuesday said listed companies must comply with the Securities and Exchange Board of India's (Sebi) minimum public shareholding requirement as enough time has been given to them by the market regulator. "Companies have been given enough time...(they) should ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 296
-
Posted Date : 23-Apr-2013 , 09:19:22 pm | Posted By CASANSAAR
The Securities and Exchange Board of India, SEBI, has begun a fresh probe into the fund-raising activities of the Kolkata-based Saradha group.The capital market regulator is looking into whether its Collective Investment Scheme (CIS) regulations were violated while raising funds from the public, a s...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 254
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
