The FinTech Hub
Source: Live Mint The unified distilled file formats (UDiFF) introduced by the Securities and Exchange Board of India (Sebi) for ease of doing business are expected to save the market ecosystem an estimated ₹200 crore over the next five years. To streamline processes, enhance ease of business and encourage innovation, Sebi launched an initiative to…
Source: Business Standard 4 min read Last Updated : Sep 26 2024 | 2:34 PM IST Shares of automobile companies were in demand on Thursday’s trading session, with the BSE Auto index hitting a record high of 61,540. The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has directed that all individual investors applying for public issues of debt securities through intermediaries for amounts up to ₹5 lakh should only use UPI for blocking the required funds. The investors should provide a bank account-linked UPI ID in the bid-cum-application…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 8:37 PM IST The Securities and Exchange Board of India (Sebi) may clear the decks for the launch of a new asset class—aimed at bridging the gap between mutual funds (MFs) and portfolio management services (PMS)—along with the MF Lite framework…
Source: Business Standard 2 min read Last Updated : Sep 24 2024 | 8:24 PM IST To streamline the application process for public issues of debt securities, markets regulator Sebi on Tuesday asked individual investors applying for amounts up to Rs 5 lakh through intermediaries to use only UPI to block funds. Further,…
Source: Business Standard Sebi | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 7:32 PM IST Markets regulator Sebi on Tuesday issued guidelines on the parameters for the performance evaluation of market infrastructure institutions (MIIs), comprising stock exchanges, clearing corporations and depositories by independent external agencies. The guidelines are…
Source: Business Standard Sebi | (Photo: Shutterstock) 3 min read Last Updated : Sep 24 2024 | 5:35 PM IST To ease onboarding for FPIs and reduce duplication of information, Sebi on Tuesday proposed an abridged version of Common Application Form (CAF) that only requires information unique to the applicant. Further, the rest…
Source: Live Mint Gurugram-based One Mobikwik Systems Limited has received final approval from the Securities and Exchange Board of India (SEBI) to raise ₹700 crore through an initial public offering (IPO). The company had refiled its IPO documents with SEBI on January 4 this year. The IPO, with a face value of ₹2 per share,…
Source: Live Mint Waaree Energies Limited, an Indian manufacturer of solar PV modules, has received the final approval from the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), according to a Securities and Exchange Board of India (SEBI) issues filing. SEBI issued the notice on Friday, September…
Source: Business Standard In its September 10 order, the regulator said the PNGRB Act of 2006 mandates it to ensure separation of activities related to natural gas marketing and transportation including ownership of the pipeline in case an entity engages in both marketing of natural gas and laying and operating pipelines. 4 min read Last…
