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Source: Live Mint This means that AIF income, previously treated as business income, will now be considered capital gains. While capital gains are taxed at 12.5%, the highest business income tax slab is 30%. The amendment is significant given that, according to data from the Securities and Exchange Board of India (Sebi), more than 1,400…
Source: Live Mint India’s capital market regulator, the Securities and Exchange Board of India (SEBI), on Thursday, January 30, fined the brokerage Motilal Oswal Financial Services (MOFSL) ₹7 lakh after conducting an investigation over an alleged violation of stock brokerage regulations, reported multiple media outlets. SEBI imposed the penalty on the stock broker after inspecting…
Source: Live Mint The Ministry of Finance’s Department of Economic Affairs has invited applications for the post of chairperson of the Securities and Exchange Board of India (Sebi) as the term of the current chair Madhabi Puri Buch is set to end on 28 February. Appointed in March 2022, Buch is the first woman to…
Source: Live Mint Karamtara Engineering Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The company is a backward integrated manufacturer of transmission line and renewable energy products. According to the F&S Report, in terms of installed…
Source: Live Mint Upcoming IPOs: Six major companies have now received approvals from the capital markets regulator, the Securities and Exchange Board of India (SEBI) to raise funds via initial public offerings (IPOs). According to SEBI’s update on Monday, January 20, the draft papers of Hexaware Technologies, PMEA Solar Tech Solutions, Scoda Tubes, Ajax Engineering,…
Source: Live Mint At the 17th Mint BFSI Summit & Awards, Narayan outlined the regulator’s response to the frenzy in futures and options, by implementing targeted measures to curb egregious overtrading, particularly around expiry days. These steps, introduced in October 2024, aimed to address specific risks without burdening the entire F&O market with overly broad…
Source: Live Mint The Securities and Exchange Board of India has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd (PIFL) following an alarming surge in the Mumbai-based company’s stock price and questions surrounding its financial dealings. The market watchdog also restrained six entities—the company’s preferential share allottees—from buying, selling, or dealing in PIFL…
Source: Live Mint The Securities and Exchange Board of India (Sebi) may revise the ₹500-crore exposure or open interest limit each in index futures and options introduced for institutional investors—foreign portfolio investors and mutual funds—after the covid-19 outbreak in March 2020. The markets regulator proposes to change the methodology for measuring open interest (OI), the…
Source: Live Mint Mumbai: India’s capital markets regulator is set to ease the registration of foreign portfolio investors (FPIs) if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore. The Securities and Exchange Board of India’s (Sebi) whole time…
Source: Live Mint The Association of Mutual Funds in India (Amfi) recently released the updated half-yearly data on market capitalization classifications for listed stocks. As defined by the Securities and Exchange Board of India (Sebi), largecaps are the top 100 companies by market capitalization, midcaps are ranked 101 to 250, and smallcaps are those ranked…
