Four individuals and one entity, including CEO of Indiabulls Ventures Ltd, paid around Rs 5 crore as settlement charges to Sebi to settle a case of alleged insider trading in shares of the firm
Also suggests changes to price discovery norms
Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
The higher limits will come into force with effect from December 1
The move is to facilitate the so-called book building process used for price discovery during IPOs
Foreign participation would be allowed as per the listing norms of the Securities and Exchange Board of India (SEBI) and the extant sectoral FDI guidelines
MCX, BSE and NSE are together setting up a spot exchange in the GIFT City
Sebi has approved guidelines for setting up of spot gold exchanges. Let us take a look at how the exchange would work and how it compares with other gold instruments
Sebi has tweaked regulations for REITs and InvITs regulations with respect to exit option for dissenting unit holders in various scenarios, including acquisition and change in sponsors
And why it should worry you if live in certain parts of the country
Discussing scope of work will enable the registered investment advisor to decide the right fee
Passing an interim order, the regulator also directed impounding Rs 8.4 crore-worth proceeds from the fraudulent trades.
Kiran Mazumdar-Shaw, executive chairperson of Biocon denied any impropriety
"Clearly, cybersecurity management is not a one-time event but a continuous process - it is not a project but a journey," he added
The regulator has also directed impounding of ill-gotten gains of Rs 8.4 crore
Redemption of units held in demat, issuance of delivery instruction slip to depository participant to debit units for delivery to clearing corporations may continue
Markets regulator Sebi has given its nod for the initial public offering of Fino Payments Bank, which is looking to raise around Rs 1,300 crore
They also need to specify the number of complaints received, resolved and pending
Sebi has invited comments on its proposals in a consultation paper for review of price band and book building framework for public issues. The comments can be submitted till October 20, 2021
Kunal Kashyap's Sebi order was also linked to Biocon. It was related to a 2018 announcement about Biocon's global collaboration with Sandoz