Thursday, 1 December, 2022
TopicSEBI

Topic: SEBI

Why Tesla’s big Bitcoin splash isn’t exciting news for Indians investing in cryptocurrencies

A bill to ban private cryptocurrency will soon be sent for cabinet approval. However, it will also enable the issuance of a digital currency by the RBI.

Future Group-Reliance deal gets SEBI approval, BSE grants ‘no adverse observation’ report

The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August.

SEBI fines Mukesh Ambani, Reliance Rs 40 crore for breaking share-trading rules in 2007

The market regulator's order says Reliance operated to allegedly earn undue profits from sale of shares in Reliance Petroleum in both the cash and futures markets.

Chennai investor group moves SC, says SEBI hasn’t picked observer in Franklin Templeton case

The top court had on 9 December asked SEBI to appoint an observer for overseeing the e-voting process with regard to winding up Franklin Templeton's six mutual fund schemes.

Atta, honey & more — Ramdev’s Patanjali plans to boost Ruchi Soya portfolio ahead of 2021 FPO

Experts have urged caution, saying the categories Patanjali is eyeing are low-margin products dominated by bigger brands.

Future Retail-Amazon saga indicates a collapse of corporate governance

Move to carry out sale of the entire Future Retail undertaking through a series of inter-connected transactions will set a dangerous precedent and could hurt public interest.

Mutual funds cut investments in shadow bank debt by half, shows SEBI data

With the crisis continuing, Indian mutual funds halved their holdings of debt sold by shadow lenders in the two-year period to June after defaults by some major financiers.

SEBI and Franklin Templeton fight over investment rules after funds collapse

SEBI rebuts claims tighter rules pushed Franklin into freezing 6 debt funds & said asset manager should focus on returning $4.1 billion to investors.

Sebi gives 45-day relaxation to companies for filing Q4 results amid COVID-19 spread

Sebi has also relaxed time-gap required between two board meetings & companies have been given time till 15 May for filing quarterly governance reports.

SEBI says prepared to ‘take any action’ to deal with market volatility

Indian stock market has been moving in tandem with other global markets due to concerns over the coronavirus pandemic.

On Camera

YourTurn

A group picture of Supreme court judges at Supreme Court in New Delhi | Praveen Jain | ThePrint

Ambedkar rejected collegium system, said CJI supremacy on judges’ appointment is dangerous

In May 1949, the Constituent Assembly debated the Collegium system, only to reject it thrice. Now the SC is assuming that role once again.
Representational image | Reuters

India’s economic growth at 6.3% for second quarter, slower than previous months

Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.