Washington, July 8 (IANS) India on Wednesday urged the United States to pursue cooperation rather than punitive tariffs to address forced labour concerns, telling a U.S. Trade Representative (USTR) hearing that strengthening compliance mechanisms would be more effective than imposing blanket duties on Indian exports. Responding to questions from USTR officials, Shuchita Sonalika, representing the Confederation of Indian Industry (CII), said India favoured collaborative efforts to improve labour …
Latest Securities and Exchange Board of India News & Updates
Mumbai, July 8 (IANS) Ahead of its much-awaited initial public offering (IPO), the National Stock Exchange (NSE) has reported a slowdown in its core operating performance, with revenue from key business segments and trading activity declining during FY26, according to its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI).The exchange’s total revenue from operations fell to Rs 16,601.3 crore in FY26 from Rs 17,140.67 crore in FY25, marking a decline …
Mumbai, July 8 (IANS) The Securities and Exchange Board of India (SEBI) has notified amendments to the Foreign Portfolio Investors (FPI) Regulations, replacing the US dollar-denominated fee structure with a rupee-denominated payment mechanism for foreign investors and foreign venture capital investors (FVCIs).The changes will come into effect after six months, giving foreign investors and intermediaries adequate time to transition to the new system.According to a notification issued by SEBI, the…
Mumbai, July 7 (IANS) The National Financial Reporting Authority (NFRA) has initiated its investigation into the alleged financial misstatement case involving Rajesh Exports, with Chairman Nitin Gupta confirming that the audit regulator has begun its process following a referral from the Securities and Exchange Board of India (SEBI).Speaking on the sidelines of a conference organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in Mumbai on Tuesday, Gupta said the regula…
Mumbai, July 6 (IANS) The National Stock Exchange’s (NSE) long-awaited initial public offering (IPO) is now likely to be launched in September, with pending regulatory and legal issues continuing to delay the process. While earlier reports had suggested the exchange could hit the market sooner, unresolved matters — including the long-running co-location case and other disclosures in its draft red herring prospectus (DRHP) — have kept the listing on hold.One of the key issues has been the long-…
New Delhi, July 3 (IANS) The Securities and Exchange Board of India on Friday said that shares allotted to investors but not fully paid for must remain in clients’ demat accounts, while brokers have a formal pledge over them until outstanding dues are cleared.Under the revised framework, unpaid securities will be credited first to the investor’s demat account and then automatically pledged in favour of the broker through a dedicated “Client Unpaid Securities Pledgee Account” (CUSPA), the…
Mumbai, June 24 (IANS) The Bombay Stock Exchange (BSE) on Wednesday sought clarification from gold jewellery manufacturer Rajesh Exports Ltd regarding reports of searches conducted by the Enforcement Directorate (ED) at multiple locations linked to the Bengaluru-based company.The stock exchange’s query came a day after the central agency carried out searches at nine premises associated with the company under the provisions of the Foreign Exchange Management Act (FEMA). In a regulatory filing, Ra…
Mumbai, June 23 (IANS) The Securities and Exchange Board of India (SEBI) on Tuesday proposed a Common Advertisement Code (CAC) for specified regulated entities, seeking to replace multiple advertising frameworks with a single, harmonised set of rules aimed at reducing compliance burdens while enhancing investor protection.The proposed code would apply to stock brokers, depository participants, investment advisers, research analysts, online bond platform providers, portfolio managers, and mutual …
Bengaluru, June 23 (IANS) The Enforcement Directorate (ED) on Tuesday carried out searches at multiple locations linked to Rajesh Exports Limited in Bengaluru, with raids also conducted in Mumbai. The action comes amid increasing regulatory scrutiny of the company following a recent Securities and Exchange Board of India (SEBI) order that raised concerns about Rajesh Exports’ financial reporting practices.SEBI, citing findings from a forensic review, alleged that the company may have significa…
New Delhi, June 19 (IANS) The Securities and Exchange Board of India (SEBI) on Friday announced a revised trading framework for gold and silver exchange‑traded funds effective September 1, to tighten price discovery, boost transparency and investor protection.The new framework aims to ensure that ETF prices stay closer to the value of the assets they track and better align domestic commodity ETF pricing with global markets, the regulator said.Under the new rules, commodity ETFs such as gold an…