 "What is SEBI?")
SEBI
What is SEBI?
Securities and Exchange Board of India (Sebi)
SEBI is a statutory body and a market regulator, which controls the securities market in India. The basic functions of Sebi is to protect the interests of investors in securities and to promote and regulate the securities market. Sebi is run by its board of members. The board consists of a Chairman and several other whole time and part time members. The chairman is nominated by the union government. The others include two members from the finance ministry, one member from Reserve Bank of India and five other members are also nominated by the...Read More
Latest Updates on SEBI
Beyond interruptions: How the year 2024 turned out for the business sector
2024 was a year of churn - and a big loss - but it was also when India made decisive strides in infrastructure and defence self-reliance
 "Beyond interruptions: How the year 2024 turned out for the business sector")
EV-maker Greaves Electric Mobility files IPO papers, seeks Rs 1,000 crore
The IPO includes a fresh issue of equity shares worth Rs 1,000 crore and an offer-for-sale of up to 189.3 million equity shares by Greaves Cotton Limited and Abdul Latif Jameel Green Mobility Solution
 "EV-maker Greaves Electric Mobility files IPO papers, seeks Rs 1,000 crore")
Lokpal calls Sebi chief, Moitra for oral hearing over corruption charges
The Lokpal had on November 8 sought Buch's "explanation" on the complaints filed by Moitra, a Lok Sabha member, and two others
 "Lokpal calls Sebi chief, Moitra for oral hearing over corruption charges")
Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024
Stock market in 2024 so far: One of the most pivotal events impacting investor sentiment was the outcome of the 2024 General Elections
 "Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024")
Greaves Cotton rally 15%, hits record as arm files DRHP for Rs 1,000 cr-IPO
Greaves Cotton share rose after the company announced that its material subsidiary, Greaves Electric Mobility, has filed a Draft Red Herring Prospectus (DRHP) with Sebi, BSE and NSE for Rs 1,000 crore
 "Greaves Cotton rally 15%, hits record as arm files DRHP for Rs 1,000 cr-IPO")
Kalyani Investment pays Sebi Rs 1.12 cr to settle disclosure violation case
Kalyani Investment Company Ltd (KICL), a listed entity, is part of the over $2.5 billion Kalyani Group
 "Kalyani Investment pays Sebi Rs 1.12 cr to settle disclosure violation case")
Two individuals settle insider trading case with Sebi paying Rs 74 lakh
According to Sebi, the information pertaining to the merger was found to be an Unpublished Price Sensitive Information (UPSI) and the UPSI period was considered from December 13, 2021 to April 4, 2022
 "Two individuals settle insider trading case with Sebi paying Rs 74 lakh")
Say no to NFOs, buy direct plans and seek suggestions from Sebi RIAs
Sebi's new rule is a positive step towards investor protection. It will reduce mis-selling by aligning distributor incentives with investor interests and discourage unnecessary portfolio churn
 "Say no to NFOs, buy direct plans and seek suggestions from Sebi RIAs")
BSE postpones bidding for Solar91 Cleantech's Rs 106 cr IPO amid concerns
The Rs 106-crore IPO was to open for subscription to investors from December 24 at a price band of Rs 185 to Rs 195
 "BSE postpones bidding for Solar91 Cleantech's Rs 106 cr IPO amid concerns")
Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures
Shares of the Gujarat-headquartered company surged over 10,000 per cent in the 12-month period ending November as it announced forays into market-fancied sectors
 "Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures")
Upcoming IPO: Agrochemical company GSP Crop Science files DRHP with Sebi
The Initial Public Offering (IPO) comprises a mix of a fresh issue of shares worth around Rs 280 crore, and 6 million equity shares offered by promoter selling shareholders
 "Upcoming IPO: Agrochemical company GSP Crop Science files DRHP with Sebi")
Sebi suspends trading in Bharat Global Developers alleging lapses
Shares of Bharat Global have seen a 105 times jump in the last year, rising from just Rs 16.14 apiece in November 2023 to a high of Rs 1,703 in November 2024
 "Sebi suspends trading in Bharat Global Developers alleging lapses")
Burman family secures Sebi approval for 26% open offer in Religare
The Religare open offer is priced at Rs 235 per share, amounting to Rs 2,116 crore
 "Burman family secures Sebi approval for 26% open offer in Religare")
Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity
Brokers highlight strong demand for three or four of these IPOs, driven by attractive grey market premiums
 "Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity")
Front-running case: Sebi bans 9 entities, impounds Rs 21 cr illegal gains
Sebi, through an interim order on Friday, prohibited Sachin Bakul Dagli and eight other entities from the securities market and impounded the unlawful gains made by them
Algo trading: Understand risks, have realistic return expectations
The circular is expected to provide retail investors access to registered and approved algos, ensuring their interests are protected
 "Algo trading: Understand risks, have realistic return expectations")
Sebi eases rules for AMCs' scheme documents, cuts upload time to 8 days
Earlier, AMCs had to upload draft Scheme Information Documents (SIDs) on Sebi's website for 21 working days to receive public comments
 "Sebi eases rules for AMCs' scheme documents, cuts upload time to 8 days")
Sebi directs MIIs to adopt uniform policy on data sharing for research
These market infrastructure institutions (MIIs) have been asked to segregate such data into two baskets-one that can be shared with the public and the second that cannot be made public
NSE imposes new eligibility conditions for SME IPOs day after Sebi nod
Changes made just a day after Sebi's decision to tighten norms
 "NSE imposes new eligibility conditions for SME IPOs day after Sebi nod")
Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing
Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM
