Free Press Journal
  • Norms for realty investment trust to be notified soon: Sebi

    New Delhi :  With an aim to attract greater foreign and domestic investments into real estate, Sebi on Friday said that it will soon notify norms for creation and listing of business trusts for this key sector.

  • Brokers allowed to access OFS segment via internet

    New Delhi : Making it easier to buy and sell shares, all trading members are allowed to access the internet enabled book-building platform to tap the Offer for Sale (OFS) route.

  • Sebi notifies norms for research analysts

    Mumbai :  In a move to safeguard Indian markets from any manipulative research reports including by foreign entities, Sebi has notified norms for ‘research analysts’ to ward off any conflict of interest in their activities.

  • Fund-raising for wilful defaulters to get tough

    New Delhi : Putting its weight behind RBI in dealing with ‘wilful defaulters’ of bank loans, capital markets regulator Sebi is considering barring such entities from raising funds through stocks and other securities.

  • RBI to redefine deposits as ponzi scams mount

    Mumbai : In the wake of unearthing of multiple unauthorised deposit raising schemes and scams such as Saradha and PACL, RBI Deputy Governor R Gandhi said the Reserve Bank is working with the government on redefining as to what constitutes a deposit.

  • Insider trading: Sebi for stronger action in high-profile cases

    New Delhi :  To send across a strong message to manipulators, capital market regulator Sebi is mulling over ways for more stringent enforcement actions in cases of high- profile and glaring violations of insider trading norms.

  • Sebi eases norms for FTIL to divest stake

    New Delhi:  Commodity bourse MCX said that the capital markets regulator Securities and Exchange Board of India (Sebi) has relaxed norms to allow FTIL to bring down its stake to 1.99 per cent in the commodity bourse. In a filing to the BSE, MCX said that it has received a communication from “The relaxation is granted only for “the limited purpose” to enable Financial Technologies (FTIL) to comply with the commodity markets

  • Sebi bars Kelvin Fincap, 43 other entities

    Mumbai:  The Securities and Exchange Board of India (Sebi) has barred Kelvin Fincap Ltd and 43 other entities from the securities market for alleged irregularities in trading of the company’s shares. Besides, the market watchdog has restrained Kelvin Fincap from raising further capital, directly or indirectly, in any manner till further directions.

  • REITs must provide insurance cover; no guaranteed returns

    New Delhi : To safeguard investors’ interest, new norms for the launch of Real Estate Investment Trusts (REITs) in India will require such bodies to take adequate insurance cover for their realty assets and bar them from promising any guaranteed returns, reports PTI.

  • Sebi bars Gammon Infra’s ex-CMD in insider trading case

    Mumbai : Regulator Sebi barred Gammon Infrastructure Projects’ former CMD Abhijit Rajan from securities market after prima-facie finding him to have violated insider trading regulations in the company shares, reports PTI.

  • Monte Carlo files for IPO

    New Delhi : In signs of revival in IPO space, apparel major Monte Carlo has filed its draft offer document with Sebi, becoming the second firm announcing plans to hit the primary market after the new government came to power.

  • Sebi attachment orders cross 700-mark; Ordinance may be tweaked

    New Delhi : As the debate continues on extra powers given to Sebi to take on fraudsters and defaulters, the number of attachment orders passed by the capital markets watchdog has crossed 700 for recovery of over Rs 1,600 crore.

  • Roy urges SC to show ‘mercy’ by granting bail

    New Delhi :  The Supreme Court reserved its order on interim bail plea of Sahara Chief Subrata Roy who pleaded to the court to show ‘raham'(mercy) and allow him to come out of jail to sell off his properties to deposit Rs 10,000 crore with SEBI as directed to get regular bail.

  • Govt may promulgate Sebi ordinance for 3rd time

    Mumbai: Finance Minister P Chidambaram today said the government may promulgate the ordinance giving greater powers to Sebi for the third time if the Standing Committee scrutinising the Bill to replace it does not submit the report in the current Session of Parliament.