SEBI Rolls Out Pilot Framework for Risk-Return Verification in Financial Ads
The new system aims to stop false performance claims made by an investment advisor, broker, or analyst.
sebi
The Newly Appointed SEBI Chairperson, Tuhin Kanta Pandey, will Serve a Three-Year Tenure
For a three-year tenure, India's Finance Secretary Tuhin Kanta Pandey has been named the Securities and Exchange Board of India (SEBI) 11th chairwoman. Madhabi Puri Buch, who will finish her three-year term as SEBI's first female chairwoman on Friday, February 28, 2025, will be replaced as
SEBI wants to Increase the Number of Angel Fund Investors
By giving angel funds access to a larger pool of accredited investors, the Securities and Exchange Board of India (SEBI), the market watchdog, hopes to broaden the definition of qualified institutional buyers (QIB). The SEBI further suggested lifting the angel fund restriction of 200 investors in its February 21 consultation
Paytm Money Settles Case for Violating SEBI Regulations by Paying Fine of INR 45.50 Lakh
In order to resolve a case with SEBI about alleged violations of the standards for the technical fault framework, Paytm Money, the wealthtech subsidiary of Paytm, has paid a fine of INR 45.50 lakh. The market's watchdog stated in a settlement decision that it had sent Paytm
The 1% Club, Led by Sharan Hegde, Receives an RIA Licence from SEBI
At a time when the Securities Exchange Board of India (SEBI) has tightened its grip on financial influencers, well-known financial influencer Sharan Hegde's company, 1% Club, has obtained an Investment Advisor (RIA) licence. Subject to certain rules established by SEBI, the licence permits a person or business to
Draft IPO Documents are Submitted to SEBI by WeWork India Management
WeWork India Management, an office-sharing business owned by the Embassy Group, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), the capital markets regulator, in order to acquire money through an initial public offering (IPO). An offer for sale (OFS) of up
With Additional Clarifications, SEBI Tightens its Hold on "Finfluencers"
On 29 January, the Securities and Exchange Board of India released additional explanations regarding the finfluencer rules. Brokers, mutual funds, investment advisers, exchanges, and other market participants are prohibited from having a direct or indirect relationship with unregistered influencers, according to the document on the SEBI website. The regulator'
BlackRock and Jio Finance Jointly Invest INR 117 Cr in Mutual Funds
Following the revelation that the company and its joint venture partner, US-based BlackRock, have invested INR 117 crore in their mutual fund business, Jio Financial Services (JFSL) will continue to be the focus of attention on January 22. BlackRock and JFSL have each purchased 5.85 crore equity shares in
In Order to Increase Liquidity in the ESOP Market, Hissa Develops a $35M Fund
With a $35 million corpus, equity management platform Hissa has introduced Hissa Fund I to give the Indian employment stock option plan (ESOP) market liquidity. Established as a SEBI-registered Category II Alternative Investment Fund, the company would seek to invest in 15 to 20 companies in the development stage and
SEBI Approves JSW Cement's Plan to Raise INR 4,000 Cr Through an IPO
The Securities and Exchange Board of India (SEBI), which oversees capital markets, has given JSW Cement Limited, a division of the global conglomerate JSW Group, its final approval to raise INR 4000 crore through an initial public offering (IPO). On August 16, the business submitted its IPO documents to the
Ola Electric is Warned by SEBI for Announcing its Network Expansion Plan on Social Media
Ola Electric, a manufacturer of two-wheeler electric vehicles (EVs), has received an administrative warning from the Securities and Exchange Board of India (SEBI) for breaking its rules. Ola Electric is facing charges for using social media to reveal important details about a planned shop network expansion before first alerting the
Sebi Approves IPOs for Schloss Bangalore, Ather Energy, and Four Other Companies
Sebi has approved six companies' plans to go public, including Oswal Pumps, EV player Ather Energy, and Schloss Bangalore. An update with the markets regulator revealed on December 30 that the six businesses submitted their draft initial public offerings (IPO) documents to Sebi between September 10 and 23 and
IndiQube Submits DRHP for IPO of INR 850 Cr
IndiQube Spaces, a managed office space provider, has submitted its DRHP for an INR 850 Cr initial public offering (IPO) to the Securities and Exchange Board of India (SEBI), the market watchdog. An offer for sale (OFS) of up to INR 100 Cr and a new issue of shares up
Due to Disclosure Violations, Sebi Fines EbixCash and Ebix of INR 6 lakh
EbixCash Ltd and its promoter business, Ebix Inc., were fined INR 6 lakh by capital markets regulator Sebi on 19 December for violating disclosure requirements pertaining to the company's planned initial public offering (IPO). The financial services firm EbixCash withdrew its draft red herring prospectus (DRHP) from the
SEBI Makes the Rules for SME IPOs Rigorous
The Securities and Exchange Board of India (Sebi) has, as anticipated, strengthened the rules pertaining to IPOs for small and medium-sized businesses. The capital market regulator set a cap on shares that could be sold through the offer for sale (OFS) route and implemented profitability standards during its Board meeting
Smartworks and Ecom Express Receive SEBI Approval for IPO
SEBI has approved the initial public offerings (IPOs) of coworking space provider Smartworks and logistics business Ecom Express. According to the information on SEBI's website, the regulator made the remark against Ecom Express on November 29. A prior, on November 28, Smartworks received the observation. The public offering
Sebi Wants to Raise the Minimum Subscription for SME IPOs in Order to Safeguard Investors
Since more and more individual investors are participating in small and medium-sized business IPOs, the market regulator has suggested at least doubling the minimum subscription amount. In a consultation document published on 19 November by the Securities and Exchange Board of India (Sebi), the regulator suggested raising the minimum application
Three Bankers Join boAT for $300–500 Million IPO
According to reports, boAt, a manufacturer of smartwatches and audio goods, has selected a number of bankers for an IPO that will cost between $300 and $500 million next year. According to media sources, ICICI Securities, Goldman Sachs, and Nomura have joined the business as IPO bankers. The report also
SEBI Issues Warning Regarding Virtual Stock Games Utilising Real-Time Data
Investors are being cautioned by the Securities and Exchange Board of India (SEBI) about unapproved virtual trading and gaming platforms that provide services and advice based on stock prices. SEBI underlined that these platforms breach important investor protection regulations and function without regulatory license. "The Securities and Exchange Board
Sebi Approves NTPC Green Energy and Avanse Financial Services to List Their IPOs
According to an update with the markets regulator on October 28, 2024, Sebi has given the go-ahead for NTPC Green Energy, the company's renewable energy division, and Avanse Financial Services Ltd, an NBFC with an emphasis on education, to raise money through initial public offerings (IPOs). Through first
SEBI Approves the Opening of IndiGo Ventures' Venture Capital Fund
The Securities and Exchange Board of India (SEBI) has approved IndiGo Ventures, the corporate venture capital fund of India's largest domestic airline, as an alternative investment vehicle. The announcement was made on October 15. The fund will seek pre-Series A, Series A, and Series B capital and invest
Nithin Kamath Expects Sebi’s New F&O Standards to Impact Zerodha’s Operations
According to Zerodha's cofounder Nithin Kamath, recent actions taken by the Securities and Exchange Board of India (Sebi) regarding futures and options (F&O) trading are predicted to have a nearly 30% negative impact on Zerodha's business and cut the company's overall F&
Swiggy Filed an Updated DRHP With SEBI for Its INR 3,750 crore IPO
The draft red herring prospectus (DRHP) was submitted to SEBI, the markets regulator, by food aggregation and grocery delivery platform Swiggy on 26 September 2024. Through a new offering, the company hopes to raise INR 3,750 crore. The IPO combines a new issue with an existing investor's
Sebi Approves INR 700 Crore IPO of Payment Platform MobiKwik
The Securities and Exchange Board of India (SEBI) has given the payment platform MobiKwik permission to earn INR 700 crore through an initial public offering (IPO). There is no offer-for-sale component to the IPO, which is purely a new issue of equity shares with a face value of INR 2