REGULATIONS


MDT/PTI 29 August 2012
To shorten the entire IPO process, SEBI is also working at faster allotment of shares to investors and reduce the time -gap between closure of issue and final listing from 12 days to five days   New Delhi: Capital Market regulator Securities and Exchange Board of India (SEBI) will...

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MDT/PTI 29 August 2012
The move to allow partial flexibility in conversion of IDRs is expected to help in attracting foreign entities to list their IDRs on domestic bourses   Mumbai: Financial regulators -- Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI) -- allowed partial...

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MDT/PTI 29 August 2012
Subbarao said the battle against inflation has not ended yet and the central bank need to bring it down to more acceptable levels of 5% or even less than 5% New York: Reserve Bank of India (RBI) Governor D Subbarao has said the battle against inflation has not ended yet and high prices...

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MDT/PTI 28 August 2012
While lowering the fine from Rs10 lakh to Rs2 lakh, the tribunal consented with SEBI's charges that Platinum Corp never implemented certain corporate announcements made by it and its promoters and directors offloaded their holdings after a rise in share price New Delhi: The Securities...

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MDT/PTI 28 August 2012
From now onwards, the affiliated stock broker has to issue a public advertisement in a local newspaper located at the sub-broker's place of work to publicly inform his/her registration Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has asked stock brokers to make...

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MDT/PTI 28 August 2012
Frontier Leasing and Finance sold 2.86% stake in Subway Finance and Investment but did not disclose the information for over 2,808 days   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs50,000 on Frontier Leasing and Finance Ltd (FLFL) for...

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Moneylife Digital Team 27 August 2012
All depository participants have been asked by SEBI to provide basic services demat account with limited services and reduced cost to retail investors Market regulator Securities and Exchange Board of India (SEBI) has asked all depository participants (DPs) to provide a “basic services...

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MDT/PTI 27 August 2012
  IPPs and OFSs are avenues made available to the promoters to help them dilute their stake and meet the guidelines of 25% minimum public shareholding in private companies and 10% in PSUs New Delhi: With an aim to help promoters dilute stake to meet minimum 25% public holding norms,...

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MDT/PTI 27 August 2012
SEBI allowed professionals and qualified entrepreneurs to get help from private equity and other funds to meet share lock-in requirements New Delhi: With an aim to help companies set up by professionals and qualified entrepreneurs to tap capital market, market regulator Securities and...

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MDT/PTI 27 August 2012
In a sharp reaction to SBI chief Chaudhuri's recent comment that CRR does not help anybody and it was unfairly put on banks, Dr Chakrabarty said, it he is not able to do business as per RBI's regulatory environment, he has to find some other place Kancheepuram (Tamil Nadu): A top...

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MDT/PTI 27 August 2012
Besides RBI, capital market regulator SEBI may also join the investigations, as there are concerns of funds from these banks being routed to stock markets through foreign investors and other entities   New Delhi: The Reserve Bank of India (RBI) has widened its probe into the affairs...

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MDT/PTI 27 August 2012
A final decision would be taken by SEBI after examining operational and legal feasibilities of enabling investors to make payments for IPOs through ATM, debit and credit cards and mobile banking   New Delhi: In a major leap towards using latest technology in financial markets, market...

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MDT/PTI 27 August 2012
According to UK Sinha, investment in mutual funds and equity market is important for the people in their long-term interest Patna: UK Sinha, chairman of the Securities and Exchange Board of India (SEBI) has asked the people of Bihar to consider investment in the capital market in...

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RBI governor Dr D Subbarao recently said, “Inflation is a regressive tax for the silent poor”. Despite the RBI’s efforts, inflation refuses to come down. Moneylife columnist, in his open letter to the RBI governor, suggests ways to mitigate the miseries of the large majority of India’s poor

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MDT/PTI 24 August 2012
SEBI's Committee of Executive Directors felt that the investment of funds should be guided by consideration of return balanced with safety of funds rather than sole criterion of highest return New Delhi: Capital market regulator Securities and Exchange Board of India (SEBI) has decided...

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MDT/PTI 24 August 2012
SEBI's crackdown against unregulated staff welfare schemes and trusts has comes amid concerns that some companies may be funding these schemes to deal in their own securities with an aim to manipulate the share price by engaging into fraudulent and unfair trade practices New Delhi:...

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MDT/PTI 24 August 2012
The comments from RBI come against the backdrop of corporate sector complaining about inordinate delays in getting clearances, especially on the environmental front Mumbai: Alarmed by the slowdown in infrastructure projects due to policy delays, the Reserve Bank of India (RBI) put the...

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MDT/PTI 22 August 2012
The central bank is scrutinising the 'systems' of HSBC Bank and Standard Chartered Bank related with anti-money laundering and know your customer norms    New Delhi: The Government on Wednesday said the Reserve Bank of India (RBI) is scrutinising the 'systems' of HSBC Bank and...

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SEBI has announced a series of reforms to revive investor confidence and make IPOs attractive again, but what has it done to resolve investors’ grievances? The Securities & Exchange Board of India (SEBI) announced a series of reforms that it hopes will revive retail investor confidence...

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MDT/PTI 22 August 2012
CCI rejected the application seeking approval for the proposed takeover of Pantaloon by Aditya Birla Nuvo saying the final deal was yet to be approved by the boards of these companies New Delhi: The Competition Commission of India (CCI) has rejected an application seeking its approval...

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