NEW DELHI: HDB Financial Services, an HDFC Bank subsidiary, has submitted draft documentation to Sebi for raising Rs 12,500 crore through an IPO. The offering consists of Rs 2,500 crore in fresh equity shares and Rs 10,000 crore through an OFS by HDFC Bank, as detailed in the Draft Red Herring Prospectus (DRHP) submitted on […]
NEW DELHI: After much suspense, Sebi chairperson Madhabi Buch is scheduled to appear before the Public Accounts Committee of Parliament on Thursday, a meeting that on agenda is slated to be a performance review of the top regulator, but which may result in fireworks over its functioning as well as about the recent allegations of […]
New Delhi: Faced with a low recovery rate of penalties imposed for anti-competitive conduct, the Competition Commission of India (CCI) has started exploring ways of making recovery more effective. The regulator has set up a three-member internal committee to recommend measures to make the recovery process more robust, two persons informed about the development said. […]
MUMBAI: The Securities and Exchange Board of India (Sebi) on Thursday extended the deadline for the implementation of direct securities payouts to client’s demat account to November 11 to ensure smooth implementation, without any disruption to the market players and investors.Sebi explained that the extension, initially set for October 14 is a response to feedback […]
MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials […]
New Delhi: Securities and Exchange Board of India’s (SEBI) new measures to curb derivatives trading could halve volumes in the futures and options (F&O) segment, according to a media report. Media report citing sources said that volumes could drop by as much as 50 per cent after new measures take effect. They expect around 50 […]
MUMBAI: Sebi has made it tougher for individuals to participate in equity derivatives trading by raising the entry barrier in terms of contract size, and requiring upfront fees and costlier roll-overs. Under the new regulations, option buyers must pay premiums upfront, replacing the practice where brokers were allowed to provide collateral. Sebi has also done […]
