MUMBAI: Markets regulator Sebi on Friday said that it would soon start a pilot project for moving to a T+0 settlement regime in the stock market on an optional basis, limited to 25 stocks and with a select few brokers. The board will again review the roll-out after three and six months from the date … Read more
Mumbai: Markets regulator Sebi is reviewing a requirement for listed companies to disclose all penalties imposed by authorities, even an insignificant amount, which increases the compliance burden.The regulator in July 2023 mandated disclosure of all penalties to stock exchanges irrespective of the amount. Earlier, companies could user their discretion in disclosing fines. “An amendment by … Read more
Gautam Adani, the Indian billionaire, has reclaimed a position among the world’s top 20 richest individuals after a consecutive market rally lifted the combined market value of his companies by 1.33 lakh crore. He currently holds the 19th spot on the Bloomberg Billionaires Index, marking a $6.5 billion increase in his overall net worth, as … Read more
The Securities and Exchange Board of India(Sebi) has proposed to ease insider trading norms for senior management to trade in company shares. At present, key managerial personnel or insiders are allowed to trade, provided they are not in possession of unpublished price sensitive information(UPSI). The regulator said key managerial personnel (KMP) have a very small … Read more
NEW YORK: As US regulators ready rules that would push more trading in Treasuries to a central clearing venue, the industry’s focus is turning on a key question: how much collateral should hedge funds and others put up to trade there. At issue is whether imposing minimum requirements for collateral, called margin or haircuts, would … Read more
MUMBAI: Sebi said on Monday it will go ahead with a plan to allow the settlement of equity market trades within the same day as it looks for ways to help Indian retail investors, provided there were no “serious objections” from market participants.India in January transitioned to a plan where trades are settled in one … Read more