Page-23 of SEBI
SEBI to go in for a major revamp
The market regulator Securities and Exchange Board of India (SEBI) has decided to go in for a major refurbishment of its role, vision and organisational set up with a stronger workforce and greater IT resources in order to improve focus ..
Month: Current Affairs - August, 2013
CCEA nod to create Special National Investment Fund
The Cabinet Committee on Economic Affairs (CCEA) has approved a mechanism to bring down the government shareholding in its six sick companies to the required 90% or less. As per CCEA decision, a Special National Investment Fund will be created to transfer shares ..
Month: Current Affairs - August, 2013
President announces Securities Laws Amendment, 2013
President Pranab Mukherjee has announced the Securities Laws Amendment regulation, 2013. The ordinance was promulgated by the President following the powers granted to him by Clause 1 of Article 123 of Constitution. Securities and Exchange Board of India (Sebi) will now have more powers to deal with ..
Month: Current Affairs - July, 2013
SEBI tightens buyback rules
SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at least 50% of the offer size. If they fail to do so, the ..
Month: Current Affairs - June, 2013
SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved
In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category ..
Month: Current Affairs - June, 2013
Fact Box: 'Diaspora Bonds'
India thinks over ‘Diaspora Bonds’ India is examining to introduce “Diaspora Bonds” to attract investment from NRIs (Non-Resident Indians), to facilitate greater inflow of funds in the infrastructure sector. The government is examining longer-term investment instruments for overseas Indians so that the ..
Month: Current Affairs - June, 2013