Latest Updates Around The World
Two Indian manufacturers, Laser Power & Infra LTD (LPIL) and Indo MIM LTD, have submitted Concept Red Herring Prospectuses (DRHPs) to the Markets Regulator Securities and Exchange Board of India (Sebi), which formed the scene for initial public offers (IPOs) that would together be more) that would together be possible) that would together be more) […]
Fintech company Paynearby plant a first public offer (IPO) in the following financial year to stimulate the next growth phase. “We have started the IPO process and conversations with three trading bankers. We will soon select a trade banking to continue with the process,” Paynearby founder, MD and CEO Anand Kumar Bajaj told PTI. As […]
Seacoast Shipping Services is located in the center of a securities scandal, so bizarre reads as a crime thriller. According to the final order of the Securities and Exchange Board of India (Sebi), in its August 2023 the company redirected the rights of August 2023 to pay ‘Ransom’ after the kidnapping of the son of […]
India will witness the busiest month for IPOs in almost 30 years, with no fewer than 25 companies being expected to hit the mainboard segment in September. According to Data from Primedatabase, compiled by Bloomberg, the last such increase in IPOs was seen in 1997, when 28 companies ticked into the markets. They are expected […]
A person on Tuesday decided with market giver Sebi a case of alleged violation of trade standards for prior knowledge after paying RS 39 Lakh for settlement costs. The order came after the person (Rishi Sudhirbahi Shah) had submitted a settlement application in April of this year to regulate the direct procedure against him, “without […]
Mumbai: The Securities and Exchange Board of India (Sebi) has proposed changes in the context for technical problems in the online trading systems of stock agents. It suggested changing the definition of technical glitch to exclude problems that occur after trading hours and that are not under the control of stock agents. Any malfunction in […]
The Indian market for business bonds arises as a critical pillar for financing the ambitious growth plans of the country, in which industry supervisors and experts emphasize the need for deeper, more liquid and inclusive markets, according to the release. Ananth Narayan G, Member, Sebi, all the time, spoke on the 8th annual Conducts Van […]
To promote transparency in the ecosystem of the Alternative Investment Fund (AIF), Sebi suggested Friday that AIFs regularly have to update the net asset value (NAVs) of their units in the storage system. In his concept circular, Sebi “proposed to use the storage infrastructure, so that AIFs can be needed to maintain additional NAV from […]
Markets Regulator Sebi allowed more charity institutions to raise money through the Social Stock Exchange (SSE) on Friday, in an attempt to broaden access to the platform. In his newest circular, the regulator qualified for the definition of non-profit organizations (NPOs) to mention on the SSE. Among the extensive framework, legal structures such as Trusts […]
Securities and Exchange Board of India and the Reserve Bank of India are in discussions about derivatives of the corporate bonds to strengthen commercial activity in business debt, said Sebi member Ananth Narayan G Friday. Narayan said in the Assocham National Council for Corporate Bonds: “Trade in the derivatives of the corporate bonds is a […]
