Market regulator Securities and Exchange Board of India (Sebi) is once again caught on the wrong foot, and this time for one of its recent circulars that made public names of over 2,000 entities, which have defaulted on its dues.

Some of the companies named in the list have raised objections with the finance ministry, stating that the list was erroneous, said sources aware of the development.

Spot commodity exchanges for gold, metals and even energy products like natural gas could see the light of day under the Securities and Exchange Board of India (Sebi) as the regulator.

This has been recommended by a committee on the subject. It was appointed by the finance ministry under NITI Aayog member Ramesh Chand. The panel also suggests the “existing institutional infrastructure of commodity exchanges may also be utilised, to the extent possible, to create a spot exchange for commodities”.

Sebi today slapped a fine of more than Rs 1 crore on wind turbine maker Suzlon Energy for violating insider trading norms.

A total fine of Rs 1.1 crore, including Rs 5 lakh on an official, has been imposed as the company failed to disclose price sensitive information as required under the listing regulations on "more than one occasion".

To catch manipulators, markets regulator Sebi has started looking at Facebook accounts of suspected persons, with 'friends' and 'likes' for posts being scanned in insider trading cases.

The watchdog checked the Facebook profiles of suspected persons to ascertain whether they were 'connected' in a case related to violation of insider trading norms.

Mumbai: The Securities and Exchange Board of India (Sebi) is in talks with the ministry of finance to prevent an outgo of around Rs4,400 crore from its accounts to the government, fearing that it will impact its autonomy as regulator and hinder market development projects, said two people with direct knowledge of the matter.

BENGALURU: Market regulator Sebi has accepted a settlement application filed by Infosys following the latter’s inquiry into alleged inadequate disclosures and procedural lapses in the severance agreement with former CFO Rajiv Bansal, sources told TOI.

The settlement application is now before Sebi’s Advisory Committee headed by Vijay C Daga, retired judge of the Bombay high court, for a decision on the quantum of monetary penalty, the sources said.

ICICI Bank, on Monday, confirmed that the Securities and Exchange Board of India (SEBI) had sought clarification based on the news reports and that it had duly responde.

The BSE and NSE had sought a clarification from ICICI Bank on media reports suggesting that the Securities and Exchange Board of India (SEBI) had initiated a probe against the alleged lapses in corporate governance norms while extending loans to the Videocon Group of companies.

The Securities and Exchange Board of India (Sebi) has tightened norms pertaining to disclosure of performance track record of merged mutual fund (MF) schemes.

The market regulator on Thursday issued a circular for standardising performance disclosures following a merger of schemes.

The Securities and Exchange Board of India (Sebi) extended its earlier deadline of April 21 for Sahara Mutual Fund (MF) to wind up all its schemes, allowing it to continue with its tax saving Sahara Tax Gain Fund till July 27.

Last year, it had instructed Sahara MF to strictly comply with the timelines specified in its order dated July 28, 2015. This became effective from October 23, 2017. Sahara MF had asked Sebi to extend the timeline, citing the three years of lock-in period at Sahara Tax Gain Fund.

The Securities and Exchange Board of India (Sebi) has tightened some Know Your Customer (KYC) rules for foreign investors.

A circular it issued on Tuesday sets stiffer rules for foreign portfolio investors (FPIs) from ‘high risk’ jurisdictions and also from People of Indian Origin (PIOs) who control an FPI. These measures have been taken to align Sebi’s rules around the Prevention of Money Laundering Act.

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