The Securities and Exchange Board of India (SEBI) has levied a ₹2 crore fine on JM Financial Asset Management, its trustee company, and key personnel for irregularities related to the valuation and sale of defaulted Dewan Housing Finance Corporation (DHFL) securities. The investigation revealed an unusual surge in the Net Asset Value (NAV) of certain …
The Securities and Exchange Board of India (SEBI) is the regulatory framework that helps maintain the integrity of the stock market by enforcing strict guidelines and rules that govern the conduct of market traders and investors. By monitoring and supervising the activities of various entities involved in the securities market, SEBI aims to prevent fraudulent …
The Nifty 50 index reached a historic milestone on Thursday, hitting the 25,000 mark after three days of unsuccessful attempts. This achievement marks the third-fastest 1,000-point rally in the index’s history, surpassed by the rapid surge from 16,000 to 17,000 in August 2021, which took just 19 trading sessions and 23,000 to 24,000 this year, …
The Securities and Exchange Board of India (SEBI) has unveiled a series of proposed regulations aimed at bolstering market stability and safeguarding retail investors in the derivatives segment. These proposals, outlined in a consultation paper released on July 30, 2024, seek to address concerns about excessive leverage and speculative activity within the derivatives market. Curbing …
The Securities and Exchange Board of India (SEBI) has issued a stern warning to Paytm, expressing concerns over the fintech giant’s related party transactions. The market regulator has vowed to prevent a recurrence of such incidents, referring to them as “Paytm-type contamination.” SEBI’s action follows an earlier warning issued to Paytm on July 16 regarding …
The Ministry of Defence and the National Stock Exchange (NSE) have joined forces to create a robust ecosystem for Micro, Small, and Medium Enterprises (MSMEs) in the defence sector. A Memorandum of Understanding (MoU) signed on July 29, 2024, aims to facilitate seamless access to capital markets for these enterprises through the NSE Emerge platform. …
The Reserve Bank of India (RBI) is stepping up to address the new risks brought about by the rise of digital banking. With more people using online and mobile banking, the RBI wants to ensure banks are prepared to handle sudden withdrawal demands. Here’s a closer look at what’s going on and why it matters …
Introduction The Securities and Exchange Board of India (SEBI) announced proposed changes to the definition of “connected person” and “relative” under the scope of insider trading regulations. This move is aimed at tightening the regulations to prevent insider trading and misuse of unpublished price-sensitive information (UPSI). SEBI’s consultation paper reveals a detailed plan to update …
The Nifty Rural Index, recently launched by NSE Indices Limited, aims to provide investors with a benchmark that reflects the economic activities pertinent to rural areas. This index captures the performance of top stocks within the Nifty 500 Index that derive significant revenue from rural markets, representing the rural theme of India. Key Features of …
Introduction In a significant regulatory action, the Securities and Exchange Board of India (SEBI) has barred Vijay Mallya, the embattled business tycoon, from participating in the securities market. This decision stems from allegations of fraudulent activities and market manipulation. This blog provides a comprehensive look into the case, the findings, and the implications of SEBI’s …
