Page-22 of SEBI Current Affairs, GK & News

SEBI allows 12 more AIFs

SEBI has allowed 12 entities to establish Alternative Investment Funds (AIFs) for real estate, private equity and hedge funds. The 12 AIFs that have been registered with SEBI since October 10, 2012 include India Realty Fund, Dar Mentorcap Film Fund, Capaleph Indian Millennium Small & Medium Enterprises Fund and Capaleph Indian Millennium Private Equity Fund. ..

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SC gives Sahara more time to repay bond investors

The Supreme Court gave temporary relief to Sahara group when it gave the company more time to repay the money it had raised from investors through bond sales that were later ruled to be illegal. The court has ordered Sahara to initially deposit Rs.5,120 crore with the capital market regulator (SEBI) and pay the remainder ..

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Liquid Index ETFs shall be eligible for trading in the SLB segment: SEBI

As part of changes in the securities lending and borrowing framework, SEBI has permitted ETFs (Exchange Traded Funds) that track indices to trade in the short selling market. Liquid Index ETFs shall be eligible for trading in the Securities Lending and Borrowing (SLB) segment. SEBI has also said that an Index ETF would be considered ..

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SEBI eases Mutual Fund exposure limit for HFCs

SEBI eased the the investment limit for HFCs (Housing Finance Companies) in debt mutual funds. An additional exposure not exceeding 10% of net assets of the scheme shall be allowed only to HFCs as part of financial services sector for prudential limits in debt oriented schemes. The relaxation would be subject to certain conditions such ..

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Diageo to acquire stake in Vijay Mallya’s USL

International liquor major Diageo to acquire 53.4% stake in Vijay Mallya-owned United Spirits Ltd. (USL) for Rs.11,166.50 crore. Diageo has entered into agreements with United Breweries (Holdings) Ltd. and USL to acquire 27.4% stake in USL for Rs.5,725 crore at Rs.1,440 a share.  As a result of this move, UB Holding and associate companies will ..

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