REITs, or Real Estate Investment Trusts, are investment trusts that own and manage real estate properties, producing capital gains on their investments as well as consistent income, much like mutual funds. They aggregate investor capital, providing investors with a liquid means of entering the real estate market, portfolio diversification, and long-term capital growth. Other than …
On August 21, 2024, the Securities and Exchange Board of India (Sebi) imposed a fine of ₹11 lakh on IIFL Securities for violating stock broker rules and other regulatory norms. Sebi’s inspection of IIFL Securities Ltd, conducted from April to July 2022, was aimed at evaluating the firm’s compliance with regulatory requirements. Following the inspection, …
Introduction: A Milestone in Indian Financial Markets The National Stock Exchange of India (NSE) celebrated a significant milestone as it crossed the 10 crore (100 million) unique investor mark. This achievement is not just a testament to the growth of the NSE but also a reflection of the evolving investment landscape in India. In this …
On August 20, 2024, the capital market regulator, the Securities and Exchange Board of India (SEBI), released a consultation paper. The paper proposed significant changes to streamline and expedite the process of raising funds through rights issues. These proposed reforms aim to make rights issues a more attractive option for companies compared to other fundraising …
The Competition Commission of India (CCI) has given the green light to IndusInd International Holdings Limited (IIHL) to acquire a significant stake in Invesco Asset Management (India) Private Limited (Invesco AMC) and Invesco Trustee Private Limited (Invesco Trustee). IIHL, a global investment holding company based in Mauritius, will acquire 60% of the shareholding in both …
Asset management companies (AMCs) are now required to establish robust institutional mechanisms to detect and prevent potential market abuse, including front-running and fraudulent securities transactions. In a circular issued on Monday, the Securities and Exchange Board of India (SEBI) mandated that AMCs set up comprehensive surveillance systems, internal controls, and escalation procedures to identify, monitor, …
The Securities and Exchange Board of India (SEBI) has released a consultation paper aimed at revising the eligibility criteria for stock derivatives in line with the evolving market conditions. This move is pivotal for enhancing price discovery and market liquidity while mitigating risks associated with market manipulation, volatility, and compromised investor protection. Here’s a detailed …
The Securities and Exchange Board of India (SEBI) has revealed that a significant portion of its outstanding dues, amounting to ₹76,293 crore, is categorised as “difficult to recover.” This figure represents a 4% increase from the previous year. A significant portion of these difficult-to-recover (DTR) dues is attributed to cases pending before court-appointed committees. Such …
The Securities and Exchange Board of India (SEBI) has relaxed regulations for Category I and II Alternative Investment Funds (AIFs), allowing them to borrow funds to address temporary shortfalls in drawdown amounts. This move aims to simplify business operations for these investment vehicles. Previously, these AIFs were restricted in their borrowing activities, with limitations on …
The Securities and Exchange Board of India (SEBI) has proposed an expansion of the sustainable finance framework within the securities market, specifically through the introduction of Environmental, Social, and Governance (ESG) debt securities. This move is aimed at providing issuers with greater flexibility in raising funds for projects that align with ESG objectives, broadening the …
