Stock Analysis, IPO, Mutual Funds, Bonds & More

Sebi tightens rules for debt mutual funds

The new rule is aimed at improving risk management and ensuring sufficient liquidity.

Sebi tells LIC to trim NSE stake

LIC and IDBI Bank both held stakes in NSE, but LIC’s holding was outside this rule.

Sebi sets up panel to suggest norms for social stock exchanges

Sitharaman in Budget had proposed a social stock exchange for social enterprises and voluntary organisations.

SAT asks Sebi to recalculate fee levied on ICAP India

SAT sets aside imposition of the fee on ICAP India at the rate of 0.01 per cent of its turnover.

Equity Funds

As per Sebi norms, equity mutual funds have a mandate to invest a minimum of 65 per cent of its assets in equity and equity-related instruments.

Usher Agro case: Sebi bans Nirmal Kotecha for 2 years

The regulator noted that Kotecha was part of a group comprising 12 entities which indulged in self trade by purchasing scrips.

Sebi fines IL&FS Rs 10 lakh for disclosure lapses

IL&FS did not disclose to stock exchange the decision of its board dated July 21,2018 for raising equity capital by way of rights issue.

Investing in mutual fund becomes cheaper on Sebi measures

India had been among the most-expensive countries when it comes to expense ratios.

ED raids TMC MP K D Singh's premises in money laundering probe case

The raids in Delhi and Chandigarh come at a time when Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee is in the national capital and has met Modi and Shah.

MFs split over giving more time to Essel

Some big MFs ready to give Essel promoters three more months to repay, others against it.

HDFC AMC front-running case: Sebi settles case with 2 entities

In two separate settlement orders, the regulator said that adjudication proceedings initiated against the two entities are settled and disposed of.

GIP, Edelweiss Infra in final lap to buy Engie’s India solar portfolio

Both have submitted firm offers and a final decision is due in the next couple of weeks. Actis, another global investor in the race, had backed out recently.

Equitas Holdings tanks 13% as Sebi rejects scheme of arrangement for banking arm

Equitas had also approached Sebi with a reverse merger proposal but was turned down.

Bharat-22 ETF 4th tranche may hit market in Oct

Proceeds from the ETF will help the government meet its disinvestment target of Rs 1.05 lakh crore for the current fiscal.

CG Power case: Sebi bans Gautam Thapar, 3 others from market; orders forensic audit

The audit firm will have to submit the report to Sebi within six months from order date.

Are balanced advantage funds managed dynamically?

The category manages more money than most pure equity mutual fund categories, barring multi cap and large cap categories

Sebi slaps Rs 19 lakh fine on 2 entities for fraudulent trading

The entities facing penalty are - Akashganga Agencies Pvt Ltd and Ajeit PS Rajbans HUF.

SAT gives 4 weeks to NSE officials to file replies in co-location case

NSE and the people punished, challenged the order at the SAT on May 21.

Sebi mulls new whistle-blower mechanism for auditors, other 'gate-keepers'

The proposed move assumes significance in the wake of several auditor exits.

Startups seek change in listing requirement

The startups want a revision in rules that govern the listing of startups on Indian stock exchanges.

Large & Mid Cap

Large & Mid cap funds are open-ended equity schemes that invest in both large cap and mid cap companies.

IDBI Bank okays preferential issues to LIC, government

At 12.45, the IDBI Bank share price was down by 2.52 per cent at Rs 27.10.

Sebi bans former officials in Dr Datsons Labs IPO case

The company came out with an initial share-sale in May 2011 to raise Rs 117 crore.

Multi Cap

Multi cap mutual funds are open-ended equity schemes that can invest across large cap, mid cap and small cap stocks

Settle unpaid dues before filing 'scheme of arrangement' with bourses: Sebi to companies

Sebi said listed entities will be liable for punitive action in case of furnishing any false information.

Fund raising via NCDs drops 67% in April-August

In terms of volume, there were 14 NCD issues in the first five months of 2019-20.

NCCL gets renewal of recognition for 3 years from Sebi

NCCL was granted recognition to act as a clearing corporation for a period of one year.

P-note investments continue to drop; stands at Rs 79,088 crore in August-end

Investments through P-notes has been declining since June.

Sebi fines ICICI Bank, compliance officer Rs 12 lakh for disclosure lapses

The probe revealed that ICICI Bank failed to disclose the information regarding signing of the binding agreement to the stock exchanges in a timely manner.

Waiting for Sebi feedback on Equitas SFB listing, otherwise will go for IPO: CEO

Equitas Holding is already listed and it has 100% shares of the small finance bank.

NCLAT impleads Sebi as a party in the plea filed by RIL in Alok Industries matter

RIL has got debt-ridden Alok Industries in its fold after the Ahmedabad bench of National Company Law Tribunal (NCLT) approved its Rs 5,050-crore resolution plan earlier this year in March.

High-level panel to study merger of NRI & FPI routes

The govt plans to appoint a high-level committee to look into merging the NRI and FPI routes.

Are debt mutual funds losing credibility?

What started with the collapse of IL&FS last year is still having ripple effects in the market.

Srei seeks permission to buy back bonds from retail investors

Srei chairman Hemant Kanoria has written a letter to RBI Governor and Sebi chairman on Tuesday seeking this dispensation "on-tap".

Stocks in the news: DHFL, Sunteck Realty, CG Power, Bajaj Finance and Coffee Day

Bajaj Finance said it will raise up to Rs 8,500 crore through qualified institutional placement.

Sebi working on mobile app for e-voting to facilitate greater retail participation

The regulator said it plans to provide relevant links to the recommendations of registered proxy advisors to retail investors

As risks around debt funds rise, investors are returning to bank deposits

What started with the collapse of IL&FS last year is still having ripple effects in the market.

Deutsche Bank may get Sebi nod to operate as commodity custodian for MFs

Sebi's board in March this year approved a proposal to allow mutual funds and portfolio managers to trade in this segment.

Yes Bank stock rallies on Sebi settlement

Yes Bank, along with its compliance officer, has paid a total amount of Rs 66 lakh towards settlement charges.

Sebi imposes Rs 6 lakh fine on SRU Securities for manipulative share trading

The order follows an investigation conducted by Sebi between December 2014 and January 2016.

Flipkart-owned PhonePe first non-bank to enable UPI-based IPO bidding

The overall customer base of UPI users is estimated to be more than 400 million.

Allahabad Bank board approves merger with Indian Bank

Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders.

IPO market: Only 11 cos hit bourses this year compared to 24 in 2018

11 firms have gone public collecting a total of Rs 10,300 crore through IPOs so far.

Satyam scam: SAT quashes Sebi order of banning PwC for two years from auditing

The Securities and Appellate Tribunal (SAT) on Monday quashed an earlier order of Securities and Exchange Board of India (SEBI) to ban Price Waterhouse, an affiliate firm of PwC India, from auditing listed companies for two years due to its role in Satyam fraud about a decade back.Satyam scam: SAT quashes Sebi order of banning PwC for two years from auditing

Sebi rejigs primary market advisory panel

Panel has representatives from Sebi, RBI, and finance and corporate affairs ministries.

Beat the slowdown by investing smartly

Some good stocks are pulling up certain indices, but most mutual fund schemes are staring at losses.

SAT quashes Sebi order of banning PwC for two years from auditing

SAT ruling went on to add that Sebi in fact has no jurisdiction banning any audit firm.

Sun Pharma tanks 4% as Sebi orders forensic audit

Sun Pharma shares slip 4% after Sebi orders probe, close low at 415.90 on BSE.

Sebi warnings to mutual funds more than double in FY19

In some cases, Sebi has resorted to further legal proceedings, depending on the gravity of the violation.

Whistleblower probe: Sebi orders forensic audit of Sun Pharma

Shares of Sun Pharma closed at Rs 431, up 1.30 per cent on the BSE on Thursday.

Anshu Jain-backed InCred in race to buy Reliance wealth

Part of Anil Ambani group's plan to prune non-core assets after IL&FS crisis

Sebi seeks clarification from IndiGo on Gangwal's latest letter

Gangwal has complained to Sebi against certain statements made by the chairman and CEO of the airline company Rahul Bhatia.

FSDC panel to take stock of economy

The meeting comes at an important time as the government and Mint Road grapple with NBFC crisis.

Bajaj Energy gets Sebi nod for Rs 5,450 crore IPO

Bajaj Energy's IPO comprises fresh issuance of shares worth Rs 5,150 crore and an OFS of Rs 300 crore.

Macroeconomic headwinds weighed on investor sentiment in FY19: Sebi report

The watchdog had withdrawn the minimum residual maturity restriction of three years for investment in government securities and state development loans.

Sebi bets on data analytics, new generation tech to address market challenges

The watchdog has been taking strict action against erring entities.

SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4

Investor interest for its cards business is very high, and SBI Card listing will happen in the March quarter, Rajnish Kumar said.

Fresh jolt to Hotel Leela-Brookfield deal by SAT

This comes after ITC Ltd. moved the tribunal against the market regulator's order rejecting its contention that the sale should not be allowed because of related-party transactions.

Govt has to take a call on timing of shutdown, MMTC has to be revamped immediately: CMD

There is a long process involved. But the process is on as far as MMTC is concerned.

Yes Bank, its compliance officer pay Rs 66 lakh to settle case with Sebi

Yes Bank had reported 'Nil' divergences in its assets classification and provisioning from RBI norms.

Mutual funds are not there to provide risk capital: Sebi chief

Debt MFs have come under fire for investing beyond their capacity and not following the best risk practices.

Fragmented yield curve key hurdle in growth of corp bond mart: Sebi Chief

Most of the G-sec issuances are concentrated in only a few maturity buckets, Tyagi said.

Sebi allows mutual funds to tie up with banks to rejig exposure

The regulator said the signing of ICA must be in the interest of investors and AMCs should take approval from their board and trustees.

NCLAT rejects Sebi plea against resolution plan of Assam Company

Sebi had challenged the NCLT order of September 20, 2018, approving the resolution plan of Abu Dhabi-based BRS Ventures Investments for Assam Company.

Sebi clean chit is one issue less for Sun Pharma to worry about

It took Sebi around eight months to investigate the whistle blower complaint.

Sebi exonerates three former NSE executives, seeks action against two

NSE has been directed to initiate enquiry against these two employees and submit a report to Sebi within six months from the date of the order.

Client securities: Sebi extends deadline by a month to implement new provisions

The provisions of the June circular were to be applicable from September 1.

Market Movers: What changed for D-Street while you were sleeping

Nifty futures on the Singapore Exchange were trading 38.50 points higher at 10,880.50.

Sebi says Rs 106 cr refunded to Sahara investors; company wants 'idle' money back

Sebi said an aggregate amount of Rs 15,438 crore has been recovered so far from Sahara.

Divergence in ratings likely to end soon: SBI

The SBI study found that there are divergences on PD across rating firms.

Altico default will hit debt mutual funds

Schemes with securities of troubled NBFC have to mark down value of holdings.

Colgate, GSK Pharma, Honeywell and Sanofi continue their outperformance

MNC stocks getting a premium due to their clean balance sheet and high level of transparency.

IRCTC files draft papers with Sebi for IPO

According to market sources, the IPO would be worth about Rs 500-600 crore.

Sebi wants MFs to invest only in listed securities

Sebi said it has also decided to give flexibility to MFs to invest in unlisted NCDs up to a maximum of 10% of the debt portfolio of the scheme.

SAT sets aside Rs 3 lakh fine on Central Bank of India

The tribunal let off the lender on censure for the violations, according to an SAT order.

Cox & Kings and the family of wealth destroyers

Such companies even saw the foreign investors lowering there bets on them over a period of time.

Regulator steps up pressure on Brickwork and CARE Ratings

CARE Ratings has asked its managing director and CEO Rajesh Mokashi to go on leave.

Sebi imposes Rs 1.15 cr fine on Syncom Healthcare, officials for flouting market norms

Sebi noted that the firm had issued 4.5 million GDR amounting to approximately Rs 96 crore on September 3, 2010.

EHL proposes new scheme to list Equitas Small Finance Bank

EHL had also approached Sebi with a reverse merger proposal but the regulator turned down the request.

Market Movers: What changed for D-Street while you were sleeping

MSCI's broadest index of Asia-Pacific shares outside Japan was a tick lower at 515.4.

SAT pulls up Sebi over victim redressal

“Disgorgement without restitution does not serve any purpose,” it said, while delivering a judgement in the matter of Vital Communications earlier this month.

YES Bank promoters seek probe against short sellers hammering the stock

The two shareholders had sent a similar letter to the stock exchanges last month as well.

Sebi plans rules for advisers, PMS to operate in GIFT City

Sebi also considering allowing trading of new products like dollar-rupee derivatives in India’s first IFSC.

Sebi brings in stricter norms on disclosure lapses

The exchanges would issue notice to the non-compliant listed entity to pay fine within 15 days from the date of the notice.

Several measures underway for further development of GIFT City: Sebi chief

"India also must figure on the map of the global financial centres network," Tyagi said.

RBL CEO clarifies on insider trading charge, says Sebi did not contact them

The overall growth for the bank will be in the 20-25% range.

Stocks in the news: SBI Life, Biocon, L&T, Dr Reddy's Labs and Manpasand Beverages

Power Grid said it has bagged an inter-state power transmission project under a tariff-based competitive bidding.

SBI selling 4.5% in SBI Life at 1.4% higher price

Thursday’s offer was for non-retail investors, while both retail and non-retail investors will be allowed to bid on Friday.

As market looks up, it's time to buy quality stocks. Where to find them?

Any sign of renewed strength in the economy should spell opportunity for investors to invest.

Sebi approves norms for startups to shift to main board after 1 year

The company would need to have a profitablity/ networth track record of three years or at least 75% of its shareholding should be with QIPs.

Sebi eases buyback norms for companies with housing finance, NBFC arms

The repurchase of shares by listed companies is governed by the Buyback Regulations of the Sebi as well as the Companies Act.

Sebi will look into details gathered on CG Power, says Tyagi

The lapses include advances to related and unrelated parties as well as liabilities of the company and the group potentially being understated by hundreds of crores of rupees.

Equitas Holding tumbles 10% as RBI bars arm from opening new branches

Equitas Holdings had approached the regulator with a reverse merger proposal.

SEBI approves recommendations by HR Khan committe on FPI regulations

Sebi on Wednesday approved several recommendations made by the HR Khan Committee to simplify and rationalise the existing regulatory framework for foreign portfolio investors (FPIs) by easing operational constraints and compliance requirements. SEBI approves recommendations by HR Khan committe on FPI regulations

Sebi okays up to Rs 1 cr reward for corporate whistle blowers

Whistle blowers in a company fraud will be rewarded 10% of the recovery, or a maximum of Rs 1 cr.

Sebi removes broad-based criteria for FPIs, eases KYC norms

Sebi decided that the FPIs will be re-categorised into 2 categories instead of 3 currently.

Sebi may ask mutual funds to reduce exposure to unrated debt

Sebi, at a meeting scheduled today in Mumbai, is likely to take up issues relating to mutual funds, startup listing platform and buybacks.

Mark-to-market valuation likely for all debt securities

The move could dim the popularity of products such as liquid schemes.

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