Buyers have to make open offer for upto 100% stake!

Corporate acquisitions in India could become costlier with market regulator SEBI mulling making it mandatory for acquirers to make an offer for up to 100 percent stake in any listed company.

Gallantt Ispat plans IPO to raise Rs 40cr; files DRHP with SEBI

Steel producer Gallantt Ispat Ltd is planning to raise about Rs 40 crore through a public offer and has filed draft papers with the capital market regulator SEBI.

Sebi well within rights to act against RIL: MCA

The government has said that Sebi was empowered to take action against RIL if a probe established irregularities in share allotment by the company in 2000, and wanted to know what exactly the market regulator expected from it.

Govt asks SEBI for more details on RIL share allotment probe

The government has asked capital market regulator SEBI for more details of a probe into a case of alleged routing of funds by RIL to dummy companies for buying its own shares in 2000.

IPO scam: SEBI meet inconclusive

The SEBI Board, which met here on Tuesday to discuss the alleged failure of NSDL in preventing the IPO scam during 2003-05 did not take any decision, sources said.

Govt asks SEBI for more details on RIL case

The government on Tuesday asked SEBI to furnish more details on the investigation it had done in the case of RIL allegedly routing funds to dummy companies for buying its own shares in 2000.

Brokers demand BSE, NSE to reconsider opening time

BSE Brokers Forum, a prominent body of stock brokers, on Tuesday demanded that both the Bombay Stock Exchange and National Stock Exchange reconsider their decision to commence trading from 9 am.

Govt to take Sebi on RIL share issue `seriously`: Khurshid

The government on Tuesday said it would take "seriously" market regulator SEBI`S letter for appropriate action against RIL for alleged routing of funds to dummy companies for buying its own shares in 2000.

Stock exchanges to decide on timing changes: Sebi Chairman

Market regulator, Sebi, today distanced itself from the move of the country`s two leading stock exchanges to advance their trading time to 9 am from January 4, saying the bourses themselves should take a call in the matter.

Consider action against RIL: SEBI to Govt

SEBI has asked the government to consider appropriate action against RIL for allegedly routing funds to dummy companies for buying large quantity of its shares in the year 2000.

Sebi bid to plug MF route terror funding

To track terror funding, market
regulator Sebi on Friday asked mutual fund distributors to ensure
that they have all the records of their customers.

SEBI directs fund houses not to ask for NOCs from investors

Making it easier for mutual fund
investors to switch their distributors, market regulator SEBI
today said it is doing away with the practice of obtaining a
no objection certificate (NOC) from existing distributors.

India Infoline to start MF operations in Q1 FY11: Jain

Financial services firm India
Infoline on Thursday said it plans to begin mutual funds operations
in the first quarter of the next fiscal, after securing final
approval from capital market regulator SEBI.

SEBI bans Barclays from issuing offshore derivatives

SEBI on Wednesday banned the
leading English bank Barclays from issuing offshore derivative
instruments following its failure to provide "true and
accurate picture of transactions" as required by the
regulations.

SEBI asks bourses to save records till probe is over

SEBI on Wednesday asked
bourses to preserve original records related to an
investigation till the trial is over instead of the current
practice of keeping the papers only for five years.

Peerless gets SEBI’s nod to launch its mutual fund business

Peerless Funds Management Company Limited (PFMCL today announced that it has received the final regulatory approval from the SEBI to launch its Mutual Fund business in the country.

SEBI bars inter-client transfer of funds

SEBI has said brokers won’t be allowed to use funds from one client`s account to buy securities or settle transactions of another client.

Investors should be made aware of risks: Bhave

The market watchdog SEBI on Tuesday said
intermediaries who undertake investor education programmes
must make the pitfalls of investment clear.

SEBI says reduced IPO listing time within a year

SEBI on Monday exuded confidence that decision on reducing listing time for companies to seven days after close of an IPO could be made in a year`s time, even as a number of entities will have to be involved in the process.

SEBI notice to RIL on RPL share sale; Co says reply sent

SEBI is understood to have asked RIL as to why it should not be barred from accessing the market in relation to violation of insider trading norms -- a charge denied by the company.