Mumbai: On 18 July, India’s capital markets regulator unveiled yet another set of proposals for real estate investment trusts (REITs).

It took the Securities and Exchange Board of India (Sebi) over eight years and multiple attempts to put the right rules in place to convince Indian companies to launch these products.

In an effort to improve investor experience, capital market watchdog Sebi is considering a proposal to distribute cash benefits through depositories.

"Sebi is considering a proposal for distributing cash benefits through depositories," the markets watchdog said in its annual report for 2016-17.

Mumbai: The Securities and Exchange Board of India (Sebi) is investigating an unusual rise in the stocks of Cairn India Ltd and Vedanta Ltd during the run-up to the announcement of revised terms for their merger on 22 July, two people with direct knowledge of the matter, including a Sebi official, said on condition of anonymity.

The regulator is checking if any entity made illegitimate gains by trading in these two stocks on the basis of any privileged, unpublished price-sensitive information about the fresh merger terms before they were publicly announced, they added.

Investment made by bank employees through bank's own portfolio management scheme (PMS) would be considered as violation of Securities and Exchange Board of India (Sebi) insider trading norms, the regulator said in an informal guidance note to HDFC bank

Sebi on Friday responded on the clarification sought by HDFC Bank on whether deals under discretionary portfolio management schemes (PMS) by the portfolio manager by the employee of bank is in compliance with the provisions of Prohibition of Insider Trading (Regulation), 2015.

Mumbai: The government has asked the Securities and Exchange Board of India (Sebi) to ban sugar futures trading as it does not want a few traders and speculators setting prices in a year when there is likely to be a shortfall of the commodity.

According to three people familiar with the development, the government is concerned that futures market aren’t setting the correct price signals.

To recover dues totalling over Rs 16 crore, capital markets regulator Sebi has ordered attachment of as many as 30 properties of Weird Infrastructure Corporation and its directors.

The company had raised Rs 16.3 crore from investors via issuance of non-convertible debentures (NCDs) without complying with the public issue norms.

Mumbai: The markets regulator has written to the Reserve Bank of India and the finance ministry to ease regulations for alternative investment funds (AIFs), in line with the suggestions of a committee headed by Infosys Ltd co-founder N.R. Narayana Murthy, two persons familiar with the development said.

The Securities and Exchange Board of India (Sebi) wants a relaxation of the stringent norms of safe harbour for offshore fund managers, parity of taxation on AIFs with equity investments and exempting the funds from paying withholding tax, one of the two persons said.

The Security and Exchange Board of India (Sebi) is maintaining a constant vigil to check any market manipulation by banned stock brokers, Parliament was informed on Friday.

The Sebi maintains a constant vigil, and in case of any abnormality, takes appropriate action against the concerned entities, Minister of State for Finance Arjun Ram Meghwal said in a written reply to the Lok Sabha.

The Securities and Exchange Board of India (Sebi) is planning to a recruitment drive to shore up its legal department. Sebi is also open to hiring young legal professionals on contractual basis in entry and mid-level positions and soon plans to issue an advertisement, said people in the know. The market regulator has been facing crunch as several of its officers are quitting after a few years of service as there is a huge demand for legal heads, who have worked with Sebi. Besides strengthening its existing workforce, Sebi is open to move personnel from other departments to the legal vertical in an event there is excess load due to crucial cases.

MUMBAI: Amid the government talks with global tech giants to let Indians have email IDs in their local language, markets regulator Sebi has directed all the intermediaries in the securities market to start communicating with the investors in vernacular languages, in addition to Hindi and English, which are already in use. To start with, Sebi has asked intermediaries that documents stating rights & obligations of brokers, disclosure about risks, and also do's and don'ts of stock trading should be available in 15 Indian languages.

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