Retail investors opened an all-time high of 3.1 crore stock-trading accounts in 2021. The pace quickened to over 30 lakh per month in the last quarter, SEBI data shows.
India’s initial policy response was to ban cryptoassets. Now it appears to be moving towards regulating them. But there is no clarity on the contours of the proposed law.
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.
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.
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.
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 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.
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.
On 19 November 1962, PM Jawaharlal Nehru addressed the people of Assam in a radio address and spoke of the resolve against Chinese attack, saying India won't tolerate this invasion.
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