September 22, 2023 1:59 PM

SEBI provides flexibility to large corporates in raising funds through issuance of debt securities

The Securities and Exchange Board of India (SEBI) has decided to provide flexibility to large corporates in raising funds through issuance of debt securities for incremental financing needs. The decision was taken at SEBI’s board meeting held in Mumbai last evening. The board has approved to remove penalty on large corporates which are not able to raise a certain percentage of incremental borrowing from the debt market. The requirement for filing a statement identifying itself as a Large Corpora...

March 2, 2023 12:56 PM

SEBI gives nod to NSE to launch the rupee-denominated Nymex WTI crude oil and natural gas futures contracts

Indian market regulator, the Securities and Exchange Board of India (SEBI) has given a nod to the National Stock Exchange (NSE) to launch the rupee-denominated Nymex WTI crude oil and natural gas (henry hub) futures contracts in its commodity derivatives segment. These contracts are the most traded the world over in commodity derivatives. NSE had signed a data licensing agreement with the CME Group, allowing NSE to list, trade and settle rupee-denominated Nymex WTI crude oil and natural gas (hen...

October 4, 2022 8:57 AM

SEBI warns investors to beware of fake entities who claim to provide Portfolio Management Services

Securities and Exchange Board of India (SEBI) has warned investors to beware of fake entities who claim to provide Portfolio Management Services.  In a press release, the SEBI said that some entities having names similar to SEBI registered intermediaries are misleading the public by seeking small amounts of money and promising high returns. It said, these entities are luring the public through pamphlets and social media platforms.  The SEBI has clarified that its registered intermediaries cannot...