Monday, 17 January, 2022

Topic: SEBI

Sebi to tighten norms for utilisation of IPO proceeds, amend mutual fund regulations

The Sebi board also gave its nod for amending Foreign Portfolio Investor regulations and introducing provision for appointing or re-appointing any person, earlier rejected by shareholders.

IPO frenzy pushes SEBI to propose tighter listing rules on investor exit, cash raised

The proposals from SEBI come as the country is set for a record year for IPOs and follow the RBI's decision to impose limits on borrowers seeking to buy shares of a new listing.

Harsh Goenka shares video of Paytm CEO dancing ‘after SEBI approves IPO’, but it’s 3 years old

The video shared by industrialist Goenka had been uploaded on YouTube by a user in 2018. It shows Vijay Shekhar Sharma dancing with Paytm employees.

SC directs SEBI to respond to pleas of NDTV promoters Prannoy, Radhika Roy

The apex court took note of SEBI's statement that they will not take any coercive action against the promoters in the meantime & response to their pleas may be filed in two weeks.

Go Air gets SEBI’s go-ahead for IPO worth Rs 3,600 crore

The airline plans to utilise over Rs 2,015 crore from the IPO proceeds towards pre-payment or scheduled repayment of all or a portion of certain outstanding borrowings.

SEBI slaps Rs 50 lakh fine on Kotak Mahindra AMC for violating regulatory norms

SEBI found lapses on the part of Kotak AMC in carrying out due diligence and barred the fund house from launching new fixed maturity plan schemes for six months.

Don’t take coercive steps against NDTV promoters till their pleas are heard: SC to SEBI

The apex court adjourned the hearing till 3 September. SEBI had barred NDTV promoters Prannoy Roy & Radhika Roy from securities market for two years for indulging in insider trading.

Amid IPO tech boom, SEBI considers rules change that hold controlling shareholders accountable

SEBI chairman Ajay Tyagi says that while current concept of holding founders accountable is unique to India, a controlling shareholder regime for representing an entity is more logical.

SEBI consent not mandatory for compounding of offences under section 24A of Act, says SC

The apex court said eliciting of views of SEBI is necessary for the interest of the stability of the securities market and protection of investors.

Adani Group companies are being probed by SEBI and DRI, Modi govt says

Accounts of 3 Mauritius-based funds with significant exposure to Adani Group stocks were frozen due to insufficient disclosures, local media report said last month.

On Camera


Priyanka Gandhi Vadra of Congress, a forerunner of women's question in India | PTI

Be it Congress, BJP, AAP—women’s question in India is a partisan issue. And that’s not so bad

India's woman question tests party imagination. Congress's focus on Nirbhaya, Unnao rape victim, and BJP's Uniform Civil Code show how.
President Xi Jingping addressing a meeting

Nations must secure global supply chains, prevent inflation shocks: Xi Jinping at WEF

In his 3rd address to World Economic Forum, Chinese President Xi Jinping said 'we need to resolve various risks and promote the steady recovery of the world economy'.


HAL likely to be in fray for Navy’s NUHs after defence ministry junks Coast Guard chopper deal

Last week, the Defence Acquisition Council scrapped the Coast Guard programme to buy 14 twin-engine helicopters under Buy Global category. Other projects under review now.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.