• SEBI’s idea of AMCs funding their own backstop is a good one 24 Sep 2020 19:40 The Chairman of Securities Exchange Board of India (SEBI), Ajay Tyagi, raised pertinent points about debt mutual funds in his recent address to Association of Mutual Funds of India. After congratulating the industry on adding retail assets at a brisk race, …
  • Auditors seek fine-tuning audit report guidelines, approach Sebi, NFRA 24 Sep 2020 16:36 Audit firms are seeking a rethink of new guidelines that require them to vet each whistle-blower complaint and issue assessments on a company’s financials. According to people in the know, auditors have approached the Securities and Exchange Board of India …
  • Anshul Specialty settles takeover norms violation case with Sebi, pays Rs 38 lakh 24 Sep 2020 16:35 New Delhi: Anshul Specialty Molecules Pvt Ltd has paid Rs 38 lakh towards settlement charges to markets regulator Sebi in a case related to alleged violation of takeover norms. The case relates to alleged violation of SAST (Substantial Acquisition of …
  • A cautious step forward 24 Sep 2020 15:36 September 24, 2020 7:13:42 pm As the house met, Congress MPs raised banners with “Don’t kill the Farmers” slogans and “Kisanon par Tanashahi nahin chalegi”. (ANI)Written by Varun Varma A regulation must be formed and enacted in a way that promotes …
  • UTI MF, Mazagaon Dock IPOs open Sept 29, Angel Broking sees muted demand 24 Sep 2020 15:33 UTI MF’s Rs 2,160-cr IPO to open Sept 29 UTI Mutual Fund will launch its Rs 2,160-crore IPO on September 29. The IPO comprises secondary share sales by State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price. …
  • UTI AMC's Rs 2,160-crore IPO to open on Sep 29 24 Sep 2020 15:28 UTI Asset Management Company (AMC) on Thursday fixed a price band of Rs 552-554 per share for its initial public offering (IPO), that will open for public subscription on September 29. The IPO would open for public subscription on September 29 and close on …
  • Sebi releases guidelines for investment advisors on client segregation 24 Sep 2020 14:00 Markets regulator Sebi has come out with detailed guidelines for investment advisers asking them to ensure segregation of advisory and distribution activities at the client level. Besides, Sebi has fixed a cap on fee that investment advisers (IA) can …
  • Sebi gives out guidelines for investment advisers on client segregation, fees 24 Sep 2020 12:36
  • UTI Asset Management Company Limited's IPO of Equity Shares to open on 29th September 2020 24 Sep 2020 09:24 UTI Asset Management Company Limited (the "Company"), the second largest asset management company in India in terms of Total AUM[2] and the eighth largest asset management company in India in terms of mutual fund QAAUM (Quarterly Average Assets …
  • Sebi trying to change rules of the game in debt funds, and how! 24 Sep 2020 09:22 NEW DELHI: Even though debt mutual funds have stabilised and the redemption pressure seen in April-May has eased substantially, liquidity remains constrained, especially in sub-AAA papers. Ajay Tyagi, Chairman of Sebi (Securities and Exchange Board of …
  • Jindal Stainless Limited clarifies on pledged shares with SBICAP 24 Sep 2020 08:19 Jindal Stainless Limited has clarified with reference to a news article published in Business Standard today titled "SBICAP Trustee Company acquired 56.17% stake in Jindal Stainless". In this regard, we wish to inform you that SBICAP Trustee …
  • Thematic passive index funds: Are they good? 24 Sep 2020 07:04 By Radhika Gupta Passive index funds have been gaining popularity given the simplicity, low cost structure, and falling alpha in some of the active fund categories. While passive funds have reached a fairly mature stage in developed countries like the USA, …
  • G M Breweries Ltd board to announce Q2FY21 results on Oct 8, 2020 24 Sep 2020 06:12 A meeting of the Board of Directors of G M Breweries Ltd is scheduled to be held at the registered office of the Company at Ganesh Niwas, S. Veer Savarkar Marg, Prabhadevi, Mumbai - 400025 on Thursday, October 08, 2020, at 11.00 A.M. to consider and to …
  • SGX Nifty down 175 points; here's what changed for market while you were sleeping 24 Sep 2020 06:08 Weak data in the US overnight further dashed hopes of a quick economic recovery globally, leading to a major slump in the US stocks, which is likely to have a bearing on domestic stocks for the sixth straight session. September F&O expiry will only …
  • Tata-Mistry split likely to de-escalate acrimonious court battles 24 Sep 2020 04:19 The Mistry family’s planned separation from the Tata group will likely see a de-escalation in some of the court cases resulting from Cyrus Mistry’s 2016 ouster as chairman of Tata Sons, said two people with knowledge of the matter and legal experts. The …
  • Sebi eases rules for rights offers 24 Sep 2020 00:51
  • Importing A Failed Experiment 23 Sep 2020 23:26 The SEBI working group was constituted of business leaders, government and SEBI officials with a token representative from civil society. (File Photo) The Securities and Exchange Board’s (SEBI) working group has submitted its report with recommendations …
  • Investment advisers to ensure client-level division of distribution: Sebi 23 Sep 2020 21:44 Markets regulator Sebi on Wednesday came out with guidelines for investment advisers asking them to ensure segregation of advisory and distribution activities at the client level. The regulator, after considering inputs from public consultation, reviewed …
  • PE firm KKR picks up 1.28% stake in Reliance Retail for Rs 5,550 crore 23 Sep 2020 20:42 Reliance Industries (RIL) on Wednesday said private equity (PE) firm KKR would invest Rs 5,550 crore in its subsidiary Reliance Retail for a 1.28 per cent stake, making it the second deal to be announced in a fortnight by the Mukesh Ambani-led company. …
  • Is RIL now the barometer of stock market? 23 Sep 2020 18:55 The phrase, ‘stock markets are barometers of the economy,’ has never been applicable to the Indian stock market. This disconnect has only grown more stark during the pandemic. While the economy is set to contract over 10 per cent this fiscal, the Sensex …
  • SEBI issues norms for investment advisors 23 Sep 2020 18:54 SEBI has issued norms for investment advisors in financial markets. It has capped the fees of investment advisors at 2.5 per cent of the total money handled or assets under advice per client. However, most advisors charge far less. It has specified client …
  • System-driven disclosure: New procedure on promoters' PAN applies under takeover norms also 23 Sep 2020 18:49 New Delhi: In order to align the practices, Sebi on Wednesday asked depositories and exchanges to use the new procedure of capturing the PAN of the promoters from listed companies for disclosures under the takeover norms also. Earlier this month, the …
  • Sebi gives more time to trustees to appoint dedicated officer 23 Sep 2020 18:48 New Delhi: Markets regulator Sebi on Wednesday gave time till January 1 to mutual funds' trustees for appointing a dedicated officer, who will assist them in monitoring various activities of asset management companies (AMCs). Earlier, trustees were …
  • Sebi rationalizes eligibility criteria, disclosure norms to speed up rights issues 23 Sep 2020 18:48 Mumbai: The Securities and Exchange Board of India (Sebi) on Wednesday rationalized the eligibility criteria and disclosure requirements for rights issue, in an attempt to make fundraising easier, faster and cost effective. It also increased the threshold …
  • Sebi changes age-old minimum subscription requirement in rights issues 23 Sep 2020 18:48 Mumbai: The Securities and Exchange Board of India (Sebi) has changed the age-old minimum subscription requirement in rights issues, a move aimed at making fundraising easier for companies. At present, the regulations required companies doing a rights …
  • Sebi details segregation guidelines of investment adviser, distributor roles 23 Sep 2020 18:05 Mumbai: The Securities and Exchange Board of India on Wednesday provided detailed guidelines to investment advisers (IA), after it notified the segregation of advisory and distribution activities at client level to avoid conflict of interest, on July 3. …
  • SEBI rationalises norms to speed up rights issues 23 Sep 2020 17:39 Mumbai, Sep 23 (IANS) In a bid to make fundraising through rights issues faster and cost effective, the Securities and Exchange Board of India (SEBI) on Wednesday rationalised norms and the eligibility criteria and regulations for such issues. Post the …
  • Zydus Wellness Limited fixes Rs. 1775.85 as floor price for QIP 23 Sep 2020 16:23 The duly constituted committee of directors of Zydus Wellness Limited , i.e., Finance and Administration Committee ("Committee") today, i.e., on September 23, 2020, has, approved raising of funds by way of issue of Equity Shares, through a QIP. …
  • Sebi rationalises eligibility criteria, disclosure norms for rights issue 23 Sep 2020 16:02 To make fund-raising easier, faster and cost effective, markets regulator Sebi on Wednesday rationalised the eligibility criteria and disclosure requirements for rights issue. Sebi has decided to amend ICDR (Issue of Capital and Disclosure Requirements) …
  • New procedure on promoters' PAN applies under takeover norms also: Sebi 23 Sep 2020 16:02 In order to align the practices, Sebi on Wednesday asked depositories and exchanges to use the new procedure of capturing the PAN of the promoters from listed companies for disclosures under the takeover norms also. Earlier this month, the regulator put in …
  • SEBI’s idea of AMCs funding their own backstop is a good one 24 Sep 2020 19:40 The Chairman of Securities Exchange Board of India (SEBI), Ajay Tyagi, raised pertinent points about debt mutual funds in his recent address to Association of Mutual Funds of India. After congratulating the industry on adding retail assets at a brisk race, …
  • Auditors seek fine-tuning audit report guidelines, approach Sebi, NFRA 24 Sep 2020 16:36 Audit firms are seeking a rethink of new guidelines that require them to vet each whistle-blower complaint and issue assessments on a company’s financials. According to people in the know, auditors have approached the Securities and Exchange Board of India …
  • IDFC First looks to lower ownership as Suryoday readies IPO 24 Sep 2020 16:35 IDFC First Bank and a few other investors would be looking to lower their ownership in Suryoday Small Finance Bank, which is in the final laps of making an application for its initial public offer (IPO). The proposed IPO would consist of a primary issue …
  • UTI AMC's Rs 2,160-crore IPO to open on Sep 29 24 Sep 2020 15:28 UTI Asset Management Company (AMC) on Thursday fixed a price band of Rs 552-554 per share for its initial public offering (IPO), that will open for public subscription on September 29. The IPO would open for public subscription on September 29 and close on …
  • Sebi releases guidelines for investment advisors on client segregation 24 Sep 2020 14:00 Markets regulator Sebi has come out with detailed guidelines for investment advisers asking them to ensure segregation of advisory and distribution activities at the client level. Besides, Sebi has fixed a cap on fee that investment advisers (IA) can …
  • Mazagon Dock IPO Price Band set at Rs 135-145 per Share, Issue to Open on September 29, 2020 24 Sep 2020 11:34 Mazagon Dock Shipbuilders Limited, a wholly owned GoI company conferred with the Mini Ratna I status and India's only shipyard to have built destroyers and conventional submarines for the Indian Navy (Source: CRISIL Report); will be opening its initial …
  • UTI Asset Management Company Limited's IPO of Equity Shares to open on 29th September 2020 24 Sep 2020 09:24 UTI Asset Management Company Limited (the "Company"), the second largest asset management company in India in terms of Total AUM[2] and the eighth largest asset management company in India in terms of mutual fund QAAUM (Quarterly Average Assets …
  • Sebi trying to change rules of the game in debt funds, and how! 24 Sep 2020 09:22 NEW DELHI: Even though debt mutual funds have stabilised and the redemption pressure seen in April-May has eased substantially, liquidity remains constrained, especially in sub-AAA papers. Ajay Tyagi, Chairman of Sebi (Securities and Exchange Board of …
  • Airbnb 24 Sep 2020 06:03 In an exclusive chat with Satyan Gajwani, vice chairman of Times Internet, Airbnb CEO Brian Chesky talks about leading the company through the pandemic. The ET global business summit is built for the business and political leadership of India and it would …
  • Tata-Mistry split likely to de-escalate acrimonious court battles 24 Sep 2020 04:19 The Mistry family’s planned separation from the Tata group will likely see a de-escalation in some of the court cases resulting from Cyrus Mistry’s 2016 ouster as chairman of Tata Sons, said two people with knowledge of the matter and legal experts. The …
  • Stocks in the news: RIL, Tata Chemicals, Coal India, TechM, HDFC, Tata Motors DVR and Airtel 24 Sep 2020 02:38 Nifty futures on the Singapore Exchange traded 176.50 points, or 1.57 per cent lower at 11,050, in signs that Dalal Street was headed for a gap-down start on Thursday. Here are a few stocks which may buzz the most in today's trade: Reliance Industries: …
  • JinkoSolar Holding Company (JKS) Q2 2020 Earnings Call Transcript 24 Sep 2020 01:32 Image source: The Motley Fool. JinkoSolar Holding Company (NYSE:JKS) Q2 2020 Earnings Call Sep 23, 2020, 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, ladies and gentlemen, and thank you …
  • Importing A Failed Experiment 23 Sep 2020 23:26 The SEBI working group was constituted of business leaders, government and SEBI officials with a token representative from civil society. (File Photo) The Securities and Exchange Board’s (SEBI) working group has submitted its report with recommendations …
  • Tsakos Energy Navigation Limited (TNP) CEO Nikolas Tsakos on Q2 2020 Results - Earnings Call Transcript 23 Sep 2020 23:17 Tsakos Energy Navigation Limited (NYSE:TNP) Q2 2020 Earnings Conference Call September 23, 2020 9:00 AM ET Company Participants Nicolas Bornozis - President, Capital Link, Investor Relation, Advisor Efstratios Arapoglou - Chairman of the Board Nikolas P. …
  • Role of experts in judicial decisions? 23 Sep 2020 19:55 In January 2018, on a matter relating to the understanding of free-rider problem, thirty-six eminent economists, including professors of law and economics, three Nobel laureates, two recipients of the American Economic Association’s prestigious John Bates …
  • Sebi gives more time to trustees to appoint dedicated officer 23 Sep 2020 18:48 New Delhi: Markets regulator Sebi on Wednesday gave time till January 1 to mutual funds' trustees for appointing a dedicated officer, who will assist them in monitoring various activities of asset management companies (AMCs). Earlier, trustees were …
  • Sebi rationalizes eligibility criteria, disclosure norms to speed up rights issues 23 Sep 2020 18:48 Mumbai: The Securities and Exchange Board of India (Sebi) on Wednesday rationalized the eligibility criteria and disclosure requirements for rights issue, in an attempt to make fundraising easier, faster and cost effective. It also increased the threshold …
  • Sebi changes age-old minimum subscription requirement in rights issues 23 Sep 2020 18:48 Mumbai: The Securities and Exchange Board of India (Sebi) has changed the age-old minimum subscription requirement in rights issues, a move aimed at making fundraising easier for companies. At present, the regulations required companies doing a rights …
  • Murugappa feud points to deeper gender bias woes 23 Sep 2020 18:06 On Monday, shareholders rejected Valli Arunachalam’s bid for a seat on Ambadi Investments Ltd’s board. Valli, the daughter of late M.V. Murugappan, has 8.15% stake in Murugappa Group’s holding firm. It highlights the glass ceiling women face in boardrooms. …
  • Sebi details segregation guidelines of investment adviser, distributor roles 23 Sep 2020 18:05 Mumbai: The Securities and Exchange Board of India on Wednesday provided detailed guidelines to investment advisers (IA), after it notified the segregation of advisory and distribution activities at client level to avoid conflict of interest, on July 3. …
  • SEBI rationalises norms to speed up rights issues 23 Sep 2020 17:39 Mumbai, Sep 23 (IANS) In a bid to make fundraising through rights issues faster and cost effective, the Securities and Exchange Board of India (SEBI) on Wednesday rationalised norms and the eligibility criteria and regulations for such issues. Post the …
  • JinkoSolar Holding Co., Ltd. (JKS) CEO Kangping Chen on Q2 2020 Results - Earnings Call Transcript 23 Sep 2020 17:37 JinkoSolar Holding Co., Ltd. (NYSE:JKS) Q2 2020 Results Conference Call September 23, 2020 8:00 AM ET Company Participants Ripple Zhang - IR Manager Kangping Chen - CEO Charlie Cao - CFO Gener Miao - Chief Marketing Officer Conference Call Participants …
  • Sebi rationalises eligibility criteria, disclosure norms for rights issue 23 Sep 2020 16:02 To make fund-raising easier, faster and cost effective, markets regulator Sebi on Wednesday rationalised the eligibility criteria and disclosure requirements for rights issue. Sebi has decided to amend ICDR (Issue of Capital and Disclosure Requirements) …
  • Brokers may report Rs 23,000 crore revenue in FY21: ICRA 23 Sep 2020 14:33 While maintaining a cautiously stable outlook for brokers, rating agency ICRA sees double-digit topline growth for the broking industry in FY21 due to a significant increase in trading activities during the past five months. An assessment by ICRA projected …
  • Sebi restrains 12 DHFL promoters from accessing securities for violating norms 23 Sep 2020 13:12 MUMBAI : Debt-ridden mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) said on Wednesday that the Securities and Exchange Board of India (SEBI) has restrained 12 of its promoters from accessing securities market for violating market norms.
  • US election, Q2 results of India Inc to keep markets volatile: Analysts 23 Sep 2020 09:06 Markets have been volatile since the past few sessions and have been unable to hold on at the higher levels – and if experts are to be believed, they will remain so for the next few weeks. At the global level, the upcoming US presidential election and the …
  • Sebi readies draft for Nasdaq-like trading platform 23 Sep 2020 08:32 The purpose was originally to ensure a separate dedicated platform be provided for new-age technology companies. Two key suggestions include having Indian family offices, a number of which are largely structured as trusts to be added to the list of …
  • Ok for Bilateral Netting of Contracts Bill 23 Sep 2020 08:32 NEW DELHI: Finance minister Nirmala Sitharaman said the Bilateral Netting of Qualified Financial Contracts Bill would have a huge bearing on the stability of the financial sector and would release large amounts of locked up capital in the banking system …
  • SEBI bars DHFL promoters from accessing securities market 23 Sep 2020 06:48 The Securities and Exchange Board of India (SEBI) has barred the promoters of Dewan Housing Finance Corporation Ltd (DHFL) from accessing the securities market or even associating themselves with any listed company. “The promoters of DHFL during the period …
  • Sebi plans a slew of measures to tackle issues of debt MFs 23 Sep 2020 03:48 Mumbai: The Securities and Exchange Board of India (Sebi) is planning to bring in a slew of measures for debt mutual funds including stress testing, minimum asset allocation in liquid assets and liquidity risk management, aimed at bringing in structural …