The Securities and Exchange Board of India (SEBI) has released a consultation paper aimed at revising the eligibility criteria for stock derivatives in line with the evolving market conditions. This move is pivotal for enhancing price discovery and market liquidity while mitigating risks associated with market manipulation, volatility, and compromised investor protection. Here’s a detailed …
The Securities and Exchange Board of India (SEBI) has revealed that a significant portion of its outstanding dues, amounting to ₹76,293 crore, is categorised as “difficult to recover.” This figure represents a 4% increase from the previous year. A significant portion of these difficult-to-recover (DTR) dues is attributed to cases pending before court-appointed committees. Such …
The Securities and Exchange Board of India (SEBI) has relaxed regulations for Category I and II Alternative Investment Funds (AIFs), allowing them to borrow funds to address temporary shortfalls in drawdown amounts. This move aims to simplify business operations for these investment vehicles. Previously, these AIFs were restricted in their borrowing activities, with limitations on …
The Securities and Exchange Board of India (SEBI) has proposed an expansion of the sustainable finance framework within the securities market, specifically through the introduction of Environmental, Social, and Governance (ESG) debt securities. This move is aimed at providing issuers with greater flexibility in raising funds for projects that align with ESG objectives, broadening the …
Foxconn, the Taiwanese electronics giant known for manufacturing iPhones, has seen its business in India grow to over $10 billion as of June 2024. The company has invested $1.4 billion in the country so far, bringing out its growing investment to India’s burgeoning economy. During his recent visit, Foxconn’s Chairman and CEO, Young Liu, talked …
On Friday, the Reserve Bank of India (RBI) announced stricter regulations for Non-Banking Financial Company-Peer to Peer Lending Platforms (NBFC-P2P Lending Platforms). These updated guidelines aim to enhance transparency and ensure compliance within the industry. The move comes in response to the emergence of certain practices that violate the original guidelines established in 2017. New …
The Nifty Realty Index, a critical barometer for the real estate sector, has faced a notable correction. After reaching a peak on June 18, the index has since dropped 15%. However, on Tuesday, the index snapped a four-day losing streak, registering gains of over 2%. This pullback is significant, given the recent performance and broader …
Domestic mutual funds (MFs) have substantially increased their holdings in companies listed on the National Stock Exchange (NSE), reaching an unprecedented high. As of June 30, 2024, mutual funds held a record 9.17% of NSE-listed companies, up from 8.93% in March 2024. This growth is driven by robust net inflows of over Rs 1 lakh …
With the intensifying political crisis in Bangladesh, its textile industry is facing severe disruptions which is a critical component of its economy. As international buyers look for alternative markets, India stands to benefit significantly. The textile sector, contributing a major share of Bangladesh’s exports, faces severe impacts due to the unrest, prompting buyers to shift …
The Financial Services Commission (FSC) of Mauritius refuted allegations from the new Hindenburg Research report concerning offshore funds linked to Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch. The FSC clarified that the funds mentioned—IPE Plus Fund and IPE Plus Fund 1—are not registered in Mauritius and do not fall under its …
