Sebi seeks to throw open out-of-bounds business areas for mutual funds | Stock Market News

Sebi seeks to throw open out-of-bounds business areas for mutual funds | Stock Market News

Source: Live Mint Mutual funds may be allowed to enter various business areas currently out of bounds for them, with the stock market regulator reviewing regulations that govern asset management companies. The Securities and Exchange Board of India (Sebi) is conducting a major review of mutual fund regulation, which is “the lengthiest of all regulations”,…

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Fraudsters could find a way around Sebi’s curbs on misleading ads, say experts | Stock Market News

Fraudsters could find a way around Sebi’s curbs on misleading ads, say experts | Stock Market News

Source: Live Mint The market regulator’s advisory directing only verified intermediaries to publish advertisements on social media may not fully control the menace of misleading claims as fraudsters could still exploit loopholes, according to experts. Despite the efforts by the Securities and Exchange Board of India (Sebi), fraudsters can still find ways to bypass regulations…

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Sebi lifts trading suspension on Bharat Global Developers, demands financial disclosure | Stock Market News

Sebi lifts trading suspension on Bharat Global Developers, demands financial disclosure | Stock Market News

Source: Live Mint The Securities and Exchange Board of India (Sebi) revoked the trading suspension on the shares of Bharat Global Developers Ltd, a company listed on the BSE. The suspension imposed through an interim order of 23 December, amid concerns of fraudulent activities and misleading disclosures, will be lifted two days after the company…

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Allchem Lifescience files draft papers with Sebi for  ₹190 crore IPO; Details here | Stock Market News

Allchem Lifescience files draft papers with Sebi for ₹190 crore IPO; Details here | Stock Market News

Source: Live Mint Allchem Lifescience, a Gujarat-based manufacturer specializing in active pharmaceutical ingredient (API) intermediates and specialty chemicals, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) seeking approval for an initial public offering (IPO). The proposed IPO includes a fresh issue of equity shares totaling up to ₹190 crore and…

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Tuhin Kanta Pandey appointed new SEBI Chairperson for 3-year term, Finance Secy to succeed Madhabi Puri Buch | Stock Market News

Tuhin Kanta Pandey appointed new SEBI Chairperson for 3-year term, Finance Secy to succeed Madhabi Puri Buch | Stock Market News

Source: Live Mint India’s Finance Secretary, Tuhin Kanta Pandey, has been appointed the 11th chairperson of the capital market regulator, the Securities and Exchange Board of India (SEBI), for a three-year term. The seasoned finance bureaucrat will replace Madhabi Puri Buch as SEBI chief, who will complete her three-year tenure as SEBI’s first woman chairperson…

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