India Setting Up $4 Billion Fund to Backstop Corporate Debt Market
India is setting up a Rs 33,000 crore ($4 billion) fund to provide liquidity to its corporate debt markets in times of stress, an SBI...
Tag : Securities and Exchange Board of India (SEBI)
Sebi Probing Adani’s Links with Investors in Withdrawn of $2.5 Billion FPO
India’s markets watchdog is probing Adani Group’s links to some investors in the group’s $2.5 billion share sale, two people said, as New Delhi grows...
Sebi Proposes Fund Blocking for Secondary Market
On Tuesday, the Securities and Exchange Board of India (Sebi) proposed a block mechanism enabling investors to bypass brokers when investing or trading in the...
Sebi Approves Govt Stake in IDBI Bank to be Reclassified as ‘Public’
The Securities and Exchange Board of India (SEBI) has allowed the centre to reclassify its stake in IDBI Bank as “public” following the divestment, provided...
Bank of India MF, Ex-CEO, Others Settle Sebi Case Over Valuation
Bank of India Mutual Funds (MF) has settled an investigation initiated by the Securities and Exchange Board of India (Sebi). Sebi, in November 2022, accused...
Sebi Considers Fresh CDS Play for MFs as it Seeks to Boost Corporate Bond Markets
Securities and Exchange Board of India (Sebi) is considering a new framework to allow mutual funds (MFs) to participate in credit default swaps (CDS) as...
Union MF, Tata MF Announce Changes in Scheme Risk-O-Meters
Two mutual fund schemes will be revised in Risk-O-Meter: Tata Mutual Fund and Union Mutual Fund. The Risk-o-metre, a risk gauge introduced by the Securities...
Vedanta Seeks Shareholder Nod for Related-Party Deals Worth Rs 8,661 Crore
Metals and mining giant Vedanta is seeking shareholder approval for related party transactions worth Rs 8,661 crore this financial year (FY23). Three resolutions have been...
Front-Running Scandal at Axis Mutual Fund to Hit $465 Billion MF Industry
A sprawling regulatory probe involving Schroders & Co’s Indian partner is shaking up one of the country’s largest asset managers. It is poised to shake...
LIC, Adani Wilmar Enter Large-cap Stocks Category in AMFI Review
According to the latest stock classification by the Association of Mutual Funds of India (AMFI), new stocks that go straight into the large-cap category are...