The FinTech Hub
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…
Source: Live Mint The market regulator tightened rules for independent advisers and research analysts by imposing deposit requirements and restrictions on the scope of advice to enhance transparency and protect investors. The new guidelines—following the amendment notified on 16 December—aim to reinforce compliance and ensure better segregation of services between independent advisers (IAs) and research…
Source: Live Mint The Centre has appointed former Allahabad high court judge justice Mayank Kumar Jain as the second judicial member of the Securities Appellate Tribunal (SAT). Jain will serve a term of four years or until he reaches the age of 67, whichever comes first. The appointment was formalized through a notification issued by…
Source: Live Mint Mumbai: India’s market regulator said it has uncovered an alleged front-running scheme involving Ketan Parekh, convicted in 2008 for stock market manipulation, and Rohit Salgaocar, whose company facilitated these “illicit” trades that led to unlawful gains of ₹65.77 crore. Parekh and Salgaocar orchestrated trades based on confidential, non-public information (NPI) related to…
