The FinTech Hub
Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued new directives for Market Infrastructure Institutions (MIIs) to develop internal Standard Operating Procedures (SOPs) for disciplinary actions against Key Managerial Personnel (KMPs) in case of non-compliance with regulatory requirements and internal guidelines. The SOPs must be approved by the Nomination and Remuneration…
Source: Live Mint Picture this. After days of painstaking research on the right funds, you are finally ready to invest in a mutual fund. You weigh all the options and zero in on the right scheme. But, just as you are about to hit the invest button, you are stopped in your tracks. The reason:…
Source: Live Mint The market regulator has proposed to at least double the minimum subscription amount for initial public offerings of small and medium enterprises as participation of retail investors in these offers has been rising. The regulator proposed increasing the minimum application size for SME IPOs from ₹1 lakh to ₹2 lakh, according to…
Source: Live Mint Upcoming IPO: Saatvik Green Energy has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). According to the DRHP documents, filed on Monday, November 18, Saatvik Green Energy is looking to raise up to ₹1,150 crore via…
Source: Live Mint ArisInfra Solutions IPO: ArisInfra Solutions Limited received the green signal from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on August 14, 2024. ArisInfra Solutions Limited is a business-to-business (B2B) firm which…
Source: Live Mint A recent Sebi report highlighted the significant losses individual traders incurred in the equity futures and options (F&O) segment between FY22 and FY24. A whopping 91.1% of these traders lost money in FY24, and the average loss per head was ₹1.20 lakh. During FY22-FY24, 11.3 million traders incurred a combined net loss…
Source: Live Mint Mumbai: Recent regulatory curbs on options trading will actually give a fillip to BSE Ltd’s ongoing efforts to make the Sensex and Bankex options more mature products, enabling the exchange to potentially generate higher premium turnover and earn more in transaction charges, according to bourse’s MD and CEO Sundararaman Ramamurthy. “The intention…
Source: Live Mint Unlike direct investment in stocks, which involves cumbersome account setups, regulatory complexities, and high costs for Portfolio Investment Scheme (PIS) or Non-PIS demat accounts, mutual funds offer a streamlined and cost-effective alternative. Mutual funds also allow a person to spread risk across market caps, sectors and asset classes, providing NRIs with professionally…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued a consultation paper seeking feedback on proposed updates to the Sebi (Custodian) Regulations, which govern the operations of custodians in the Indian securities market. Custodians play a crucial role in ensuring the safety and proper management of assets for institutional investors, such…
Source: Live Mint Upcoming IPO: Advent International-backed Manjushree Technopack Limited has received the final observation from the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on August 20. Manjushree Technopack Ltd specialises in rigid plastic packaging (RPP)…
