The Securities and Exchange Board of India (Sebi) has proposed further relaxations to the real estate investment trusts (Reits) regulations, to attract real estate developers towards launching these instruments. Sebi also proposed a framework to help offshore fund managers relocate to India.

The decisions were taken at its board meeting on Friday. The board approved removing restriction on the Special Purpose Vehicle (SPV) to invest in other SPVs holding assets. It also allowed a Reit to invest up to 20 per cent in under-construction projects.

Markets regulator Securities and Exchange Board of India (Sebi) has confirmed its interim order banning 112 entities for tax evasion and money laundering besides misusing stock exchange mechanism, while a detailed investigation is on against several others.

The regulator, via an interim order dated March 29, 2016, had barred 246 entities, including the above 112, from markets after they were found to have indulged in a web of "make-believe" trades to jack up share prices and entrap gullible investors.

New Delhi, Jun 16 () Markets regulator Sebi today added 16 more land parcels of Sahara group, with a reserve price of Rs 1,245 crore, to the list of properties to be auctioned next month for recovery of funds.

This has taken the total number of properties of the beleaguered group to be auctioned to 42 with a combined reserve price of Rs 4,345 crore.

Start-ups want markets regulator Sebi to ease minimum institutional ownership criteria to qualify for launching an initial public offering (IPO). Currently, regulations mandate a company to have a 50% institutional ownership in order to launch an IPO.

However, many small start-ups are funded by angel investors who don’t qualify as institutional investors as per the Securities and Exchange Board of India (Sebi).

The disclosure of details of assets and liabilities of SEBI chief U.K. Sinha can cause “unwarranted invasion of privacy”, the Central Information Commission (CIC) has said.

Hearing a four-year old case, a full-bench of CIC has overturned its earlier order in which it had directed that the disclosure be done in larger public interest.

Market regulator Sebi directed the National Stock Exchange Clearing Corporation (CC) to refund around Rs 250 crore of clearing members’ contribution that they had made to the core Settlement and Guarantee Fund (SGF). The exchange refunded the money to these members a few days ago.

The Securities and Exchange Board of India (Sebi) found that based on the daily stress test as per its new norms, NSE CC has enough funds and the contribution from the clearing members was not required.

Indian markets regulator Securities and Exchange Board of India (Sebi) has put in place a stricter know your customer (KYC) and disclosure regime for participatory notes (P-Notes) to make it tougher to use these offshore instruments without disclosing the money-trail and details of their users.

Indian markets regulator Securities and Exchange Board of India (Sebi) has put in place a stricter know your customer (KYC) and disclosure regime for participatory notes (P-Notes) to make it tougher to use these offshore instruments without disclosing the money-trail and details of their users.

Capital markets regulator Securities and Exchange Board of India (Sebi) will sell 16 land parcels of the Sahara Group to recover dues through e-auction next month.

It has set a reserve price of Rs 1,898 crore for these properties. While SBI Capital Markets will conduct the e-auction on July 13, HDFC Realty will conduct one on July 15, said notices published by these agencies. They have been appointed to conduct the sale of Sahara properties.

Markets regulator Securities and Exchange Board of India (Sebi) has ordered impounding of "unlawful gains" totalling over Rs 20 crore in two separate cases of price rigging involving Ruchi Soya Industries and Exelon Infrastructure.

In the matter of Ruchi Soya Industries, the regulator directed seven entities — Navinya Multitrade, Shreyans Credit and Capital, Betul Minerals and Constructions, Aventis Biofeeds, Betul Oils and Feeds, Sunmate Trade, Uni24 Techno Solutions — to deposit Rs 8.3 crore (Rs 8,30,99,802), including interest, to an escrow account.

To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their existing investors including from abroad.

The platform is aimed at providing easier exit options for angel investors, domestic and foreign venture capital funds and private equity players, who have invested in over 3,000 start-ups, including in new technology space, in India.

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