New Delhi, Apr 19 () Markets regulator Sebi is looking to grant unified licence to brokers and clearing members for operating in commodity derivative as well as equity markets.

The board of the Securities and Exchange Board of India (Sebi) is likely to discuss a proposal to this effect next week, sources said.

While heading the Sahara and Securities Exchange Board of India's (Sebi) case on Monday, the Supreme Court ordered the conglomerate's chief to make an appearance before it. It also ordered the sale of Sahara's Aamby Valley in Lonavala.

The case pertains to returning the money of investors which was unlawfully raised by the Sahara Group. In a hearing on March 21, the SC had warned Sahara that it would auction its Lonavala Aamby Valley project if the latter fails to deposit the amount of Rs 5,000.

Mumbai: A committee set up by India’s stock market regulator, the Securities and Exchange Board of India (Sebi), to encourage investments in so-called alternative investment funds (AIF), which invest in start-ups and other young companies, will likely recommend a lower investment threshold for accredited investors, said two people familiar with the discussions of the group.

The people, who asked not to be identified, said the committee would also recommend anonymized disclosure norms which, while providing adequate information to potential investors, do not involve sharing details of specific exits (the sale of an investment).

As many as 4,558 listed companies have complied with markets regulator Sebi’s norms of having at least one woman director on board. All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive, as also under the Companies Act, 2013. These rules are aimed at ensuring gender diversity in boardrooms. As many as 4,192 and 1,721 companies are listed on the BSE and NSE, respectively.

To safeguard investors’ interest, Sebi today asked credit rating agencies to give a 30-day notice before withdrawal of ratings in case of open-ended mutual funds, even as it relaxed various disclosure norms for the CRAs. The decision has been taken in consultation with (credit rating agencies (CRAs) and representations received from the industry. Sebi said withdrawal of rating of is permitted in case of open ended mutual fund scheme, being perpetual in nature and having no specified maturity. Besides, such facilities are allowed in bank loans.

More than 3,100 fresh foreign portfolio investors (FPIs) registered with capital markets regulator Sebi in the April-February period of the current fiscal, indicating that India remains an attractive destination.In comparison, about 2,900 FPIs had received approval from the Securities and Exchange Board of India (SEBI) in the entire last financial year (2015-16). The number of FPIs with Sebi’s approval rose to 7,428 at the end of February from 4,31 at the end of March 31. The number of FPIs with Sebi’s approval rose to 7,428 at the end of February from 4,31 at the end of March 31, 2016, reflecting an addition of 3,117 such investors, according to the latest data from SEBI.

Mumbai: The Securities and Exchange Board of India (Sebi) is drafting rules to monitor share transfer agents and registrars and improve their functioning, two people with direct knowledge of the matter said.

This comes a year after Sharepro Services (India) Pvt. Ltd, a share transfer agent, was found to have defrauded at least 10 companies including Britannia Industries Ltd, Asian Paints Ltd, Aptech Ltd, Tata Communications Ltd and Kansai Nerolac Ltd of Rs21.7 crore. Some of the companies also filed police petitions against Sharepro, and Sebi imposed an interim ban on the company.

Market regulator SEBI accused Reliance Industries on Friday of having committed a "fraud" in taking a short trading position at the time of selling a stake in a subsidiary in 2007, ordering it to surrender 4.5 billion rupees ($69 million) plus interest in "unlawful gains".

Reliance, the $64 billion conglomerate controlled by India's richest man, Mukesh Ambani, rejected the ruling by the Securities and Exchange Board of India and said it would appeal to the Securities Appellate Tribunal.

The Securities and Exchange Board of India (Sebi) on Friday directed Mukesh Ambani’s Reliance Industries Ltd (RIL) to disgorge Rs 447.27 crore, made “unlawfully” by dealing in shares of its erstwhile subsidiary, Reliance Petroleum (RPL).

The markets regulator also barred RIL from the futures and options (F&O) segment for a year and asked it to settle all existing open positions. It will also have to pay 12 per cent interest on the disgorgement amount since November 29, 2007.

Agriculture-commodities bourse NCDEX today said it has sought regulator SEBI’s nod to relaunch futures trading in pulses, especially chana, tur and urad. Tur (pigeon peas) and urad (black gram) were banned in 2007, while chana (gram) was suspended last year after prices soared, leading to a rise in inflation. “Farmers are seriously asking for pulses futures as (wholesale) prices have crashed below the MSP in some parts.

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