Business Standard

Monday, December 23, 2024 | 06:33 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

News digest: Foreign funds on Sebi radar, free power, shell firms, and more

Sebi has sought investment and end-beneficiary-related information of foreign portfolio investors

news digest
Premium

news digest

BS Web Team
After NRI money, foreign funds on Sebi radar

A fortnight after the market regulator tightened rules around non-resident Indian (NRI) investments in the  domestic market, several foreign funds have come under the scrutiny of the Securities and Exchange Board of India (Sebi). 

According to sources, the regulator has sought investment and end-beneficiary-related information of foreign portfolio investors (FPIs) from their custodians. Sebi wants to crack down on those NRI-managed funds that are also used to channel money belonging to persons of Indian origin (PIO). Read More

Giving Air India bid a miss was team decision: Outgoing IndiGo Prez Ghosh

IndiGo’s announcement

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in