Sebi clamps down on derivative markets; algo trading made more accessible

Sebi clamps down on derivative markets; algo trading made more accessible Accepts most of the Kotak panel recommendations The Securities and Exchange Board of India (Sebi) on Wednesday tightened the derivative markets framework to curb the excessive speculation and prevent small investors from entering the high-risk space. The market regulator, at its board meeting held […]

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IBC tweaking: List of offences likely to bar offenders from bidding

IBC tweaking: List of offences likely to bar offenders from bidding The panel also suggested bringing the definition of “persons acting in concert” in sync with the Sebi A 14-member committee on reviewing the insolvency and bankruptcy code has recommended that a list of offences be prepared and those who fall in the list be […]

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Sebi OKs Kotak Panel Proposals to Boost Corporate Governance

Sebi OKs Kotak Panel Proposals to Boost Corporate Governance Split of CMD post from April 2020, enhanced disclosure norms, algo restrictions on cards The Securities and Exchange Board of India (Sebi) approved sweeping changes proposed by the Uday Kotak panel on improving corporate governance standards such as splitting the post of chairman and managing director, […]

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India’s fiscal deficit up to February was 20% more than the revised estimates for FY18

India’s fiscal deficit up to February was 20% more than the revised estimates for FY18 India’s fiscal deficit up to February was 20% more than the revised estimates for FY18 because of increased expenditure and subdued revenue receipts. Experts say that nontax revenues would now be crucial if North Block were to meet its FY18 […]

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Boost for New Employees, Cabinet Fixes Subsidy for P&K Fertilisers

Boost for New Employees, Cabinet Fixes Subsidy for P&K Fertilisers To create more formal sector jobs and lift employment generation, the cabinet committee on economic affairs (CCEA) has decided to meet the full provident fund contribution employer makes for the first three years for new hires. The CCEA also fixed the nutrient based subsidy (NBS) […]

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RBI Rolls Out Regulations for Cross-Border Mergers

RBI Rolls Out Regulations for Cross-Border Mergers New FEMA rules cover both inbound and outbound investments, expected to boost FDI India has rolled out the long-awaited regulations to allow cross-border mergers and amalgamation that could boost foreign direct investment into the country.The Reserve Bank of India (RBI) has framed the regulations for mergers and amalgamation […]

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