[ad_1] To whom should Buch make this explanation? Who is institutionally responsible for holding her, or the head of any other statutory regulatory body, for that matter, to account? The realistic answer is piquantly vague, rather than definitive. This must change. Regulators should be accountable to parliamentary standing committees on relevant subjects. The Securities and…
[ad_1] Resourceful Automobile’s IPO, for instance, attracted âš4,800 crore in bids for a âš12 crore issue, and Travels & Rentals offer received âš7,075 crore for a âš12.4 crore issue. HOAC Foods India and Magenta Lifecare saw 1,963 and 1,002 times oversubscription, respectively, earlier this year, even as their issue size was just âš5.10 crore and…
[ad_1] What is striking is the reaction of people asking for a joint parliamentary committee, special investigation team, Supreme Court-led probe, etc, without questioning the veracity of the charges. This response seems reflective of a colonial mindset that doesnât seem to have gone away even 75 years after Indiaâs independence. The quick acceptance of the…
[ad_1] In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and 70 per…
[ad_1] The Opposition Congress, intensifying its stance on allegations against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch, on Tuesday, alleged that her retirement benefits were more than the salary she drew when she was with ICICI Bank. âHow can the retirement benefits be more than the salary she drew when she…
[ad_1] The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) plans for three companies, which include SK Finance, Belstar Microfinance, and Transrail Lighting. The market regulator issued observation letters to these companies on August 30. Sebi regulations require every company that wishes to issue an IPO to make a…
[ad_1] The Securities and Exchange Board of India (Sebi) has put on hold the proposed âš4,000-crore initial public offering (IPO) of JSW Cement. Sebi did not gave specific reasons for this action, merely stating that the “issuance of observations (has been) kept in abeyance,” as noted in an update on its website on Monday. JSW…
[ad_1] The Securities and Exchange Board of India has in the past three months taken down more than 15,000 âcontent sitesâ by unregulated financial influencers as part of its efforts to protect investors, wholetime member Kamlesh Varshney. These finfluencer content were pulled down by technological platforms on Sebiâs request, he said. This was in line…
[ad_1] The Association of Mutual Funds in India (AMFI) recently laid out guidelines for front-running and fraudulent transactions. The AMFIâs move, which comes nearly a month after SEBIâs nudge in response to front-running allegations against Quant MF, is an attempt to tighten regulations for better transparency. Despite the market regulatorâs proactive role, mutual fund investors…
[ad_1] âLet me sleep yaar,” she replied. âOh, get up and smell the coffee.” Mairaa took a few seconds to register the smell of freshly brewed coffee and then woke up: âThatâs nice,” she said, taking a sip. âAnd why are you glued to your phone at 7am?” âI was reading this very interesting piece…
