Premier Energies files IPO papers with Sebi; looks to raise Rs 1,500 crore

[ NEW DELHI: Solar cell company Premier Energies Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Hyderabad-based company’s IPO is a combination of a fresh issue of equity shares worth Rs 1,500 crore and an offer for sale (OFS) of up to 2.82 … Read more

SEBI 2024 Recruitment: SEBI Officer Grade A vacancies announced for 2024 recruitment drive, applications open April 13 |

[ The Securities and Exchange Board of India (SEBI) has issued a short notice announcing the commencement of recruitment for Officer Grade A (Assistant Manager) positions for the year 2024. The recruitment drive is open for various streams including General, Legal, Information Technology, Engineering Electrical, Research, and Official Language.• Streams and Educational Qualifications: SEBI is … Read more

No action on summons against Subhash Chandra for 3 weeks in fund diversion case: Sebi to HC

[ MUMBAI: The Securities and Exchange Board of India (Sebi) on Wednesday told the Bombay High Court it would not take any further action on the summons issued by it to Essel Group Chairman Subhash Chandra in an alleged fund diversion case. Chandra had filed a petition earlier this month challenging the summons and had … Read more

1st-time investor? Don’t take that influencer’s advice. Small & mid-cap stocks a risky idea, here’s why

[ New Delhi: India’s stock market has seen a post-pandemic surge in amateur investors, who invest without gauging the fundamentals of the stocks they are investing in. This trend has inflated the bubble in the small- and mid-cap stocks and led the markets’ regulator to step in and curb investments in these segments, according to stock … Read more

Sebi to mutual funds: Protect investors in small and mid-cap plans | India Business News

[ India’s markets regulator has asked mutual funds to take steps to protect investors in small- and mid-cap plans amid concern that some parts of the nation’s $4.5 trillion stock market have become overly exuberant.The Securities and Exchange Board of India(Sebi) has prescribed measures, such as potentially moderating flows into such funds and safeguarding unit … Read more

Brokers need to be cautious against manipulations in stock market: Sebi

[ NEW DELHI: Sebi Whole Time Member Kamlesh Chandra Varshney on Saturday cautioned against manipulations in the capital market and urged brokers to keep a tab and prevent such instances. Besides, he said that the Securities and Exchange Board of India (Sebi) is using Artificial Intelligence (AI) for investigations. There is a trend of rising … Read more

Sebi using Artificial Intelligence for investigations, says official | India Business News

[ NEW DELHI: The Security Exchange Board of India (Sebi) has been using Artificial Intelligence (AI) for its investigations, said the body’s whole time member Kamlesh Chandra Varshney on Saturday.Varshney emphasised that entities should keep track of technological development.Referring to the instances of stock market manipulations, Varshney said adhering to the law will be more … Read more

Attach bank accounts of ex-promoters of DHFL: Sebi

[ NEW DELHI: Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan – former promoters of Dewan Housing Finance – to recover dues totalling over Rs 22 lakh.This came after the brothers failed to pay the fine imposed on them … Read more