The market regulator is putting the onus of corrective action on National Stock Exchange of India Ltd (NSE) after a forensic audit found that NSE’s algorithmic trading platform and co-location facility were “prone to manipulation” and allowed “potential preferential access” to some brokers.

The Securities and Exchange Board of India (Sebi) will ask the exchange to strengthen its trading systems, fix responsibility for lapses found by the audit, suspend employees who were at fault and examine members who may have profited illegally or unfairly, four people familiar with the matter said.

Capital markets regulator Sebi is planning to ease entry barriers for domestic institutional investors like insurers and pension funds to encourage robust inflows into the Reits and Investment Trusts (InvITs) markets.

“Sebi is sitting down with the Irdai and the PFRDA to evolve a set of guidelines to ensure that insurers and pension funds do not face much of entry barriers into the Reits and InvITs. This is what we are working on now,” Sebi whole-time member G Mahalingam said on Friday.

New Delhi: Market regulator Sebi has prohibited Life Care Infratech and its six directors from selling various movable and immovable properties as part of its efforts to recover nearly Rs5 crore of dues.

After finding that the company and its directors illegally raised funds from the public, the watchdog had last year asked them to refund over Rs4.89 crore to investors, which they have failed to do.

Once a popular investment tool with foreign investors, participatory notes (P-Notes) apppear to be losing much of their sheen following the continuous tightening of rules by the regulator Securities and Exchange Board of India (Sebi). The product has become less attractive, market players say, because the new rules have resulted in costs going up.

Investments in Indian capital markets via P-notes declined to R1.79 lakh crore in November 2016, the lowest in three years. Data from SEBI revealed that in November 2007, the share of P-notes accounted about 45% of the total foreign portfolio investments — across debt, equity and derivatives. By end 2016 this amount had fallen to single digits at 7.5%.

Markets regulator Securities and Exchange Board of India (Sebi) has given the BSE a go-ahead to launch its IPO, paving the way for Asia's largest bourse to list its shares on the National Stock Exchange. The stock exchange is looking to raise Rs 13,000 crore from the markets

The BSE had filed its Draft Red Herring Prospectus (DRHP) in September and has completed its road shows abroad for the IPO.

The National Stock Exchange (NSE) on Wednesday filed draft papers with market regulator SEBI for its much-awaited IPO. The IPO is expected to be one of the biggest in recent times, with an estimated size of over Rs, 10,000 crore.

The initial public offer will see existing shareholders offloading 20-25 per cent shares to the public through the OFS route.

Market regulator Securities and Exchange Board of India (Sebi) is finalising norms for allowing options in commodities, albeit cautiously.

While the decision is expected to be taken soon, experts have suggested various other measures which could be taken simultaneously to achieve the objective of increasing the hedging by farmers. These objectives were also discussed during the meeting of the regulator with stakeholders and also with the commodity market advisory committee recently.

The Securities and Exchange Board of India (Sebi) has initiated proceedings against Gurgaon-based Vishvapradhan Commercial, for not having made a public announcement in 2009 of a ‘change of control’ in television company NDTV.

The markets regulator told the Delhi High Court last week that proceedings had been approved under the Sebi takeover regulations and relevant provisions of the Sebi Act. The show cause notice is yet to be issued.

Markets regulator Sebi has barred Sunshine AgroInfra Ltd (SAIL) and its directors from mobilising funds from investors through issuance of securities till further orders.

The entities have also been restrained from accessing the market, the Securities and Exchange Board of India (Sebi) said in an interim order.

Three senior bureaucrats, including Economic Affairs Secretary Shaktikanta Das, are believed to be in contention for the post of capital market regulator Sebi chairman after the extended tenure of incumbent U K Sinha ends early next year.

The process for choosing the next chief of the Securities and Exchange Board of India (Sebi) started in September and the government has received many applications. The current tenure of Sinha, who has been at the helm of the watchdog since February 2011, ends on March 1 next year.

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