Page 32 - Latest Updates on SEBI
Poonawalla Fincorp to clean up by shutting ops in elevated default areas
Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers
 "Poonawalla Fincorp to clean up by shutting ops in elevated default areas")
Sebi tweaks MF compensation circular ahead of implementation on Oct 1
Sebi has also replaced the nomenclature 'key employees' - used in the original circular - with 'designated employees'
 "Sebi tweaks MF compensation circular ahead of implementation on Oct 1")
Sebi fines 8 entities for fraudulent trade in shares of Videocon Industries
Markets regulator Sebi on Monday penalised eight entities for fraudulent trading in shares of Videocon Industries Ltd.
Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla
Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports
 "Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla")
Sebi makes fewer information requests to foreign regulators amid pandemic
Incoming requests from foreign regulators also dropped to their lowest since 2012-13
 "Sebi makes fewer information requests to foreign regulators amid pandemic")
Sachin Bansal's Navi MF files documents for 4 new passive funds
During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day
 "Sachin Bansal's Navi MF files documents for 4 new passive funds")
Ahead of IPO, Oyo expands share capital through stock split, bonus issue
The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months
 "Ahead of IPO, Oyo expands share capital through stock split, bonus issue")
Sebi levies fine on Titan's employee for disclosure lapses
Markets regulator Sebi on Friday imposed monetary penalty on an employee of Titan Company Ltd for disclosure lapses, in violation of insider trading norms
Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns
Sebi on Wednesday barred Abhay Bhutada, the MD and CEO of Poonawalla Fincorp, and seven others from accessing the securities market for allegedly insider trading in shares of the company
 "Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns")
T+1, peak margin norms in interest of investors, says Sebi chief Tyagi
Peak margin norms, proposal to shift to a T+1 settlement cycle have been criticised by brokers, foreign portfolio investors.
 "T+1, peak margin norms in interest of investors, says Sebi chief Tyagi")
Poonawalla Fincorp MD Abhay Bhutada quits following Sebi action
Vijay Deshwal, Group Chief Executive Officer, will continue to run the company's operations; firm appoints new Chief Risk Officer
 "Poonawalla Fincorp MD Abhay Bhutada quits following Sebi action")
Growth-oriented tech cos' IPOs worth Rs 30,000 cr in pipeline: Sebi chief
Growth-oriented technology companies have raised Rs 15,000 crore through initial share sales in the last 18 month, Sebi Chairman Ajay Tyagi said on Thursday.
 "Growth-oriented tech cos' IPOs worth Rs 30,000 cr in pipeline: Sebi chief")
Sebi mulls carving out separate AIF category to buy distressed loans
Markets regulator Sebi is planning to carve out a separate category in Alternative Investment Funds (AIF) whereby such entities can purchase distressed loans from banks and NBFCs.
Paras Defence IPO to open on Sep 21; sets price band at Rs 165-175/share
Paras Defence and Space Technologies on Thursday said it has fixed a price band of Rs 165-175 a share for its Rs 171-crore initial share sale.
 "Paras Defence IPO to open on Sep 21; sets price band at Rs 165-175/share")
Sebi bars CEO of Poonawalla Finance, seven others for insider trading
Rs 13.6 crore impounded; analysis by Sebi showed a group of connected entities had taken long positions in Magma Fincorp that were later squared off, generating huge profits
Accelerating the settlement cycle & challenges facing FPIs
The concern is that should, for example, one exchange turn into a T+1 exchange, we could see a fragmentation of the order book and the liquidity, should domestic volumes move to such T+1 exchange
 "Accelerating the settlement cycle & challenges facing FPIs")
Sebi confirms directions passed against entities in Infosys insider trading
Sebi on Wednesday confirmed its directions passed earlier against certain entities to bar them from the capital markets for allegedly indulging in insider trading in Infosys Ltd's shares.
YES Bank, six others settle case with Sebi; pay Rs 1.65-crore
The six persons were either a member of the Reputational Risk Management Committee (RRMC) or part of the decision making process in relation to the disclosures made on February 13, 2019
Sebi plans to overhaul consent settlement rules, reduce timeline by a third
At present, a settlement application can be filed in 60 days of receipt of show-cause; another 120 days given to noticee paying 25% over settlement amount, which Sebi wants to do away with
Sebi penalises 2 Videocon promoter cos for violating insider trading norms
The entities have violated Prohibition of Insider Trading (PIT) norms, according to two separate orders
