Mumbai, May 8 (IANS) The Securities and Exchange Board of India (SEBI) on Friday moved to end months of uncertainty over the use of market data for educational purposes by introducing a uniform 30-day lag on the sharing and use of such data.In a circular, the regulator said the revised framework will come into force from 1 July 2026. The move follows concerns raised by market participants and legal scrutiny over conflicting timelines prescribed in earlier Sebi directives.The confusion originated…
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Mumbai, Jan 10 (IANS) India’s market regulator is set to clear a major regulatory hurdle for the long-delayed initial public offering (IPO) of the National Stock Exchange (NSE) by the month-end, Securities and Exchange Board of India (SEBI) chairman Tuhin Kanta Pandey said on Saturday.Speaking at a press conference in Chennai, he said that the regulator is likely to issue a no-objection certificate to NSE soon.“The approval could come before the end of the month, after which it would be up t…
New Delhi, Dec 29 (IANS) The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 1 crore on Reliance General Insurance Company for violating several regulatory norms related to insurance intermediaries, outsourcing of activities and corporate governance.The action comes after a remote inspection carried out by Insurance Regulatory and Development Authority of India between December 27 and December 31, 2021.Based on the findings of this inspection, the regu…