Sebi Allows AIF to Go Global, Drop India Connection Clause
The Securities and Exchange Board of India (Sebi) on Thursday allowed alternative investment funds (AIFs) through back offices or subsidiaries to invest in overseas companies...
Tag : SEBI
Bharat Gears Shares Up 18% as Company Considers Bonus Share Issue
Shares of Bharat Gears jumped more than 18% as the company’s board announced it would consider issuing a bonus share issue. Shares of Bharat Gears...
Balaji Solutions Files Draft Papers to Raise Funds Through IPO
Balaji Solutions Ltd has filed draft documents with the Securities and Exchange Board of India (Sebi) to raise funds through an IPO. The IPO will...
NCLT Approves Piramal Enterprises Demerger of Pharma Business
The National Company Law Tribunal (NCLT) has approved the spin-off of Piramal Enterprises’ (PEL) pharmaceutical business and the simplification of the company’s corporate structure, Piramal...
Sebi Bans Securekloud Technologies, 3 Securities Market Players
Sebi has banned Securekloud Technologies Ltd and three individuals from the securities market for allegedly manipulating financial statements and misappropriating company funds. Suresh Venkatachari, RS...
SEBI Delays Implementation of MF Holder Nomination Rules Until October 1
On Friday, market regulator Sebi delayed the implementation of rules related to mutual fund holder nominations until October 1. The rule, which requires investors who...
Zomato Shares Drop 14% to New Low as Pre-IPO Investor Lock-in Ends
Shares of the food delivery platform company fell 14% in intraday trading on the BSE on Monday, with Zomato hitting a record low of Rs...
Zomato Jumps 13% to Record Post-Lockdown Low, Draining Rs 89K Cr of Investor Wealth
Shares of food delivery platform operator Zomato Jumped more than 13% to a record low on July 25, after much of the company’s shares were...
Sebi Proposes Regulatory Framework for Online Bond Platforms
On Thursday, Capital markets regulator Sebi proposed a regulatory framework for online bond platforms that sell listed debt securities. According to the consultation paper, under...
Sebi Issues Rs 15.61 Lakh Recovery Notice Maxgrowth Capital
The recovery notice was sent to Maxgrowth Capital by SEBI for misutilisation of client securities and other disclosure lapses. On Wednesday, the notice was issued...