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Jan 12, 2025 | 
financialexpress.com | Akshata Gorde
Asset management companies have started working on product launches under the Securities and Exchange Board of India’s (Sebi) newly-introduced asset class of specialised investment funds (SIFs).
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Jan 10, 2025 | 
financialexpress.com | Akshata Gorde
Funds raised from the capital markets, including via equity and debt instruments, are expected to rise nearly 21% year-on-year to Rs 14.27 lakh crore in FY25, Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch said on Friday.
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Jan 9, 2025 | 
financialexpress.com | Akshata Gorde
The Madhya Pradesh High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)’s approval for Burmans’ open offer to acquire an additional 26% stake in the company. A division bench, comprising chief justice Suresh Kumar Kait and justice Vivek Jain, dismissed the case as the petitioner was not a shareholder in Religare, and therefore, not an aggrieved party.
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Jan 9, 2025 | 
financialexpress.com | Akshata Gorde
Despite the rally in the stock market fizzling out after September, equity mutual funds (MFs) closed the year with net inflows of Rs 41,156 crore in December. This led to a year-on-year rise of 144%, taking the total equity inflows to a record Rs 3.9 lakh crore for 2024. Equity MFs saw the second-best monthly inflows in December, just shy of Rs 41,887 crore achieved in October, fuelled by a strong investor sentiment in the sectoral and thematic as well as small- and mid-cap funds.
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Jan 8, 2025 | 
financialexpress.com | Akshata Gorde
The markets regulator recently barred stockbroker Ketan Parekh and two others from the securities markets for alleged involvement in a front-running scheme. Akshata Gorde explains how these illegal activities erode investor confidence & what SEBI is doing to deter such malpracticesFront-running is a fraudulent practice where traders or brokers build positions based on non-public information about large, impending trades by their clients to make profits once the purchase or sale happens.
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Dec 11, 2024 | 
financialexpress.com | Akshata Gorde
The Securities and Exchange Board of India (Sebi) has notified the expansion of the definition of “connected persons”, who have access to price-sensitive information, with effect from December 5.
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Dec 9, 2024 | 
financialexpress.com | Akshata Gorde
The government should set up a search-cum-selection committee to appoint Sebi chairpersons, M Damodaran, former chairman of Sebi and founder of Excellence Enablers, tells Akshata Gorde in an interview. The committee should also look for persons who fit the position but may not have applied, and need to be persuaded, he said. Excerpts:Some of the recent Sebi regulations have sparked debates about over-regulation and micromanagement. Do you think that is happening?
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Dec 9, 2024 | 
financialexpress.com | Akshata Gorde
Two weeks into the first phase of the Securities and Exchange Board of India’s (Sebi) measures to cool the futures and options (F&O) market, the action seems to have shifted to expiry days. While daily average volumes have seen a sharp decline, trading action has remained high on the two expiry days of the week. Experts expect this trend to likely intensify going ahead, with both volatility and volumes being expected to further rise on these two days — Thursday and Friday.
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Dec 5, 2024 | 
financialexpress.com | Akshata Gorde
Bitcoin zoomed past the $100,000 mark for the first time on Thursday, fuelled by growing optimism over a crypto-friendly regime under US President-elect Donald Trump and strong institutional inflows through Bitcoin exchange-traded funds (ETFs). The world’s largest cryptocurrency surged 6% to an all-time high of $103,800, following Trump’s nomination of pro-crypto advocate Paul Atkins to head the Securities and Exchange Commission. It was last trading at around $102,850.
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Dec 3, 2024 | 
financialexpress.com | Akshata Gorde
In an unprecedented regulatory action, the Securities and Exchange Board of India (SEBI) has cancelled the public listing of SME Trafiksol ITS Technologies, who’s listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week. “I cannot also lose sight of the fact that the funds of the investors who have been allotted shares in the IPO have remained locked-in for close to three months now.
