Sebi has reduced the listing timeline to six days from 12 days, shortening the wait for investors in IPOs as part of streamlining.
In July, Shashi and Ravi Ruia agreed to sell 49% stake in Essar Oil to Roseneft for a price that valued the company at $7-8 bn, according to reports.
The regulator has alleged that it found Yatra had sponsored unauthorised collective investment schemes without obtaining certificate of registration from Sebi.
Sebi has categorically told the mutual fund industry that it will not clear any of their new launches until fund houses merged existing schemes with similar characteristics.
The sector exposure limit is likely to be reduced to 25% from 30% while the single issuer limit may be brought down to 10% from 15%.
The move is aimed at avoiding crisis such as the recent one faced by J P Morgan Mutual Fund in two of its fixed income schemes.
Changing trend in religious donations: Temples, churches & masjids open demat accounts as wealthy devotees offer shares
The move to open demat accounts is due to the fact that trusts find it tedious to get physical shares dropped in donation boxes transferred to their names.
Traders, rich investors and hedgers could get to trade in commodity and weather-based indices, akin to Nifty and Bank Nifty in the equity segment.
High burnout rates push professionals of investment bank like BoFA-ML, Kotak, others to join start-ups
Deal makers joining this exodus is a reflection of global trends, with investment banking acting as a springboard for their new careers.
S K Mohanty took charge as executive director, Securities and Exchange Board of India in Mumbai from September 29, 2015.
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