Latest Updates Around The World
Two former officials of Brightcom Group have reached a settlement with market regulator Sebi after agreeing to pay settlement amounts and accept temporary restrictions on their association with the company. The case concerns alleged disclosure failures and irregularities in the company’s financial statements between FY15 and FY20.Sebi had initiated an investigation into Brightcom Group following […]
Markets regulator Securities and Exchange Board of India (Sebi) has settled a high-profile case against former CNBC Awaz TV host Hemant Ghai after he paid Rs 1.45 crore as settlement amount. The settlement relates to his show ‘Stock 20-20’, in which a Sebi investigation found that there was a high correlation between Ghai’s recommendations and […]
Mumbai: The Securities and Exchange Board of India (Sebi) on Monday started a new risk and return verification agency to check mis-selling of investment products. With digital audit trails, fewer bad buys and better data for monitoring, the Past Risk and Return Verification Agency (PaRRVA) would help investors and intermediaries operate on a level playing […]
Sebi chairman Tuhin Kanta Pandey on Monday said the market regulator will soon change rules to ban the use of current market data for investor education.The comments came days after Sebi imposed a fine and ordered payout of Rs 546 crore to ‘fininfluencer’ Avdhoot Sathe. Pandey asserted that there is no ‘regulatory vacuum’ regarding education […]
SoftBank-backed digital trading ecosystem AceVector Ltd has filed an updated draft red herring prospectus (UDRHP) with market regulator Sebi for the proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also include an offer for sale (OFS) of 6.38 crore equity shares by existing […]
Markets regulator Sebi wants to rationalize and simplify the offer document summary to encourage informed feedback from investors and reduce dependence on unverified tips, chairman Tuhin Kanta Pandey said on Monday.This move will also make the abbreviated prospectus obsolete, easing compliance requirements for issuers, he added. Currently, offering documents are typically voluminous and packed with […]
Droneacharya Aerial Innovations hit the market in December 2022 as one of the year’s most high-profile SME listings, helped by a standout roster of early investors, including Bollywood actors Ranbir Kapoor and Aamir Khan, along with market veteran Shankar Sharma. The IPO, which was subscribed a whopping 244 times, benefited from the excitement surrounding the […]
Markets regulator Securities and Exchange Board of India (Sebi) has banned stockbroker Prabhudas Lilladher from taking new business for seven days, starting December 15, 2025, after alleging that the company had violated regulations related to client funds, margin requirements, reporting practices and brokerage fees.The fine, announced through an inquiry order, comes after a joint inspection […]
Capital market regulator Sebi on Thursday canceled the registration of 68 investment advisers for failing to pay renewal fees.“…of the Intermediaries Regulations, 2008, hereby cancels the certificates of registration as investment advisers of Noticees No. 1 to 68,” Sebi’s Designated Authority Soma Majumder said in the order. The list of canceled entities includes Truenorth Labs […]
Markets regulator Sebi has relaxed educational qualification criteria for investment advisors (IAs) and research analysts (RAs), allowing graduates from any discipline to register.However, passing the NISM certification exam remains mandatory to ensure domain knowledge and professional preparedness, Sebi said in two separate notifications on Tuesday. Currently, applicants must have a graduate or postgraduate degree in […]
