Page 21 - Latest Updates on SEBI
BS Number Wise: An unclaimed market fortune
The value of unclaimed securities and other assets was nearly Rs 20,000 crore in March 2020. It could be just the tip of a capital market iceberg
 "BS Number Wise: An unclaimed market fortune")
Sebi drops case of insider trading against Dish TV's promoter
Markets regulator Sebi has disposed of a case of alleged insider trading against Dish TV India's corporate promoter Direct Media Distribution Ventures Pvt Ltd
 "Sebi drops case of insider trading against Dish TV's promoter")
Snapdeal files IPO papers to raise Rs 1,250 crore via fresh issue
Snapdeal receives more than 86 per cent of its orders from outside metros
 "Snapdeal files IPO papers to raise Rs 1,250 crore via fresh issue")
An over-engineered social stock exchange?
With over Rs 246 billion spent by companies on corporate social responsibility in FY20, the social sector is now deep
Ixigo, Sahajanand Medical Technologies, Keventer Agro get Sebi nod for IPOs
These three companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observation letter from the regulator during December 16-17
 "Ixigo, Sahajanand Medical Technologies, Keventer Agro get Sebi nod for IPOs")
Brokers want time limit be imposed on Sebi to issue show-cause notices
At present, the Securities and Exchange Board of India Act, 1992 does not prescribe any period of limitation for issuance of a show-cause notice (SCN) or for completion of the adjudication proceeding
Centre bans futures trade in seven agri commodities including soy complex
Crude palm oil clocked an average volume of around Rs 200 crore daily on the Multi Commodity Exchange
 "Centre bans futures trade in seven agri commodities including soy complex")
Sebi bars launch of new derivative contracts for wheat, other commodities
Markets regulator Sebi on Monday directed stock exchanges not to launch new derivative contracts in wheat, crude palm oil, moong and few other commodities till further orders.
Best of BS Opinion: Disappointing report, beyond the age barrier & more
Here is the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: Disappointing report, beyond the age barrier & more")
Sebi paper skirts illegality of retail algos
A cursory look at the algo creators will show that the very purpose of algos is to offer buy/sell recommendations, often marketed by making wild claims
Sebi to auction Vishwamitra International Infra's properties on Dec 27
These properties will be auctioned at a reserve price totalling Rs 2.8 crore, Sebi said
Sebi tweaks operational guidelines on listing of commercial papers
Capital markets regulator Sebi on Friday tweaked operational guidelines pertaining to the listing of commercial papers in order to bring uniformity in requirements.
Hospitality industry body urges Sebi again to suspend OYO's IPO process
The body had earlier urged Sebi to suspend OYO's IPO process, drawing attention to alleged irregularities, such as being engaged in anti-competitive business practice
 "Hospitality industry body urges Sebi again to suspend OYO's IPO process")
Square Yards plans Rs 1,500 cr IPO; to soon file draft paper with Sebi
The issue would be a mix of fresh issuance and offer for sale (OFS) for existing shareholders
What is general corporate purpose, why it is under SEBI lens?
SEBI has proposed change in listing norms to bring in more transparency. One was to cap the amount companies, mainly start-ups, can raise under general corporate purpose or GCP. Find out what is GCP
 "What is general corporate purpose, why it is under SEBI lens?")
Sebi imposes Rs 72 crore penalty on Winsome Textile Industries, directors
The directors facing the fine are Ashish Bagrodia, Manish Bagrodia and Satish Girotra
Maini Precision Products files papers with Sebi to raise funds via IPO
Maini Precision Products has filed preliminary documents with capital markets regulator Sebi to raise up to Rs 900 crore through an initial share-sale.
Why's India short on registered investment advisors?
India has just about 1,324 registered investment advisors for an investor base of over five crore. What is the reason for this? Is it SEBI's rules or investors' reluctance to pay for advice?
 "Why's India short on registered investment advisors?")
Regulate, don't stifle
Sebi's proposal to treat all APIs as algo trade is unwarranted
Sebi sets up panel for suggestions to detect early market anomalies
The Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) will be headed by Sebi's ex-whole time member Madhabi Puri Buch
