The FinTech Hub
Source: Live Mint India’s new Unified Investor App consolidates a wide range of investment information previously scattered across multiple sources into a single, convenient platform, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi) said. The app, jointly made by depositories CDSL and NSDL, empowers investors by giving them access to…
Source: Live Mint The market regulator has proposed linking trading accounts with SIM cards and making biometric authentication mandatory to enhance security in online trading and protect investors from unauthorized transactions. The Securities and Exchange Board of India (Sebi) acknowledged that with the rapid evolution of technology and the increasing use of web-based and mobile…
Source: Live Mint Edelweiss Asset Management Company (AMC) has announced a steep hike in the total expense ratio (TER) cap for its flagship Bharat Bond ETFs—from a near-zero 0.0001% to 1%, a move that could have far-reaching implications for investors. That’s a staggering 2,000% increase. However, the AMC has clarified that the actual expense is…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has unveiled a revised regulatory framework aimed at promoting safer participation of retail investors in algorithmic trading. The new guidelines, outlined in Sebi’s circular issued on Tuesday, will require stockbrokers, exchanges, and algorithmic trading providers to implement stricter risk management measures. Brokers will be…
Source: Live Mint Upcoming IPO: Bengaluru-based workspace operator WeWork India has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), as it aims to raise funds from the Indian stock market. WeWork India is a flexible workspace operator in India that provides workspaces to our…
Source: Live Mint Upcoming IPO: Jamnagar-based shipping and logistic solutions provider Shreeji Shipping Global Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Saturday, January 25. The company aims to raise funds via a fresh issue of shares from the Indian stock…
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 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…
