Page 11 - Latest Updates on SEBI
Green Frontier Capital launches Sebi-approved fund worth Rs 1,500 crore
The fund will focus on accelerating India's low-carbon transition through investments in transformative climate technologies
 "Green Frontier Capital launches Sebi-approved fund worth Rs 1,500 crore")
Sebi bats for easing angel fund norms; move to aid funding of startups
Sebi plans to eliminate the minimum investment requirement of Rs 25 lakh for angel investors
 "Sebi bats for easing angel fund norms; move to aid funding of startups")
Sebi takes up review of custodian norms, proposes steps to ease operations
Proposes to raise net worth criteria for the first time in nearly three decades
 "Sebi takes up review of custodian norms, proposes steps to ease operations")
Sebi mulls raising investment limit by angel fund in startup to Rs 25 cr
As of March 31, 2024, there were 82 angel funds registered with Sebi with a total of Rs 7,053 crore in commitments and Rs 3,343 crore in investments
Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage
Proposals aimed at ensuring market players behave responsibly
 "Mkt regulator Sebi mulls action for lapses in Artificial intelligence usage")
Sebi proposes to double minimum net worth requirement for custodians
Assets under their custody jumped to Rs 278.5 trillion by September 2024 from Rs 2.7 trillion in 2002
 "Sebi proposes to double minimum net worth requirement for custodians")
Futures trading ban fails to cool retail prices in India, say reports
'Sans futures contracts, FPOs were unable to hedge against price fluctuations'
 "Futures trading ban fails to cool retail prices in India, say reports")
Market regulator Sebi simplifies process for registration of certain FPIs
Abridged version of application form to be available in the next three months
 "Market regulator Sebi simplifies process for registration of certain FPIs")
Sebi extends deadline till Nov 26 for comments on proposed SDP recognition
In its consultation paper, Sebi proposed requirements for recognition as specified digital platforms whereby such platforms should proactively prevent fraud, impersonation, unauthorised claims
New trading options for investors: UPI block mechanism and 3-in-1 accounts
The UPI-based block mechanism ensures that funds are only committed when necessary, reducing the need for upfront payments and the associated risk of idle funds.
 "New trading options for investors: UPI block mechanism and 3-in-1 accounts")
Sebi orders attachment of bank accounts of Venugopal Dhoot, Electroparts
As per the notice, Sebi said there is sufficient reason to believe that the defaulters may dispose of the bank accounts and securities in the demat accounts or mutual fund folios
Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1
The UPI-based block mechanism provides enhanced security by ensuring transactions from the bank account
 "Sebi asks qualified stock brokers to offer UPI mechanism from Feb 1")
Sebi considers process to seek waiver of interest on penalty payment
Markets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiated by it for failure to pay penalty.
Supreme Court dismisses 1994 Sebi appeal against Ambani's Reliance entities
SC dismisses Sebi's appeal against Reliance Investment Holdings, Mukesh, and Anil Ambani over 1994 takeover norms breach, citing 'inordinate delay' in the regulator's actions
 "Supreme Court dismisses 1994 Sebi appeal against Ambani's Reliance entities")
RBI, Sebi unveil rules for converting excess investment by FPIs into FDI
FPIs will need to seek government approval before reclassification in applicable cases
CareEdge group to scale up share for its non-rating business to 20%
The plan is to establish regional hubs to enhance local connections in the countries rated by CARE
 "CareEdge group to scale up share for its non-rating business to 20%")
Sebi looks to expand scope of unpublished price-sensitive information
Additionally, key developments in corporate insolvency proceedings, such as initiation or approval of resolution plans by the tribunal, should be disclosed as potentially price-sensitive
With benchmarks becoming harder to beat, avoid very high-cost funds
Portfolio construction begins with asset allocation, which depends on risk appetite and investment horizon
 "With benchmarks becoming harder to beat, avoid very high-cost funds")
Lokpal seeks Sebi chief Madhabi Puri Buch's response on Hindenburg charges
In its report, Hindenburg Research alleged that Buch and her husband had stakes in obscure offshore funds used in the alleged money siphoning scandal involving the Adani Group
 "Lokpal seeks Sebi chief Madhabi Puri Buch's response on Hindenburg charges")
Embassy Office Parks REIT appoints Ritwik Bhattacharjee as interim CEO
Before joining Embassy REIT, Ritwik spent over 12 years as an investment banker at global firms, including Nomura, Citi, UBS and JP Morgan
 "Embassy Office Parks REIT appoints Ritwik Bhattacharjee as interim CEO")
