Post Tagged with: "Sebi"

Mutual funds to gain as Sebi tightens norms for portfolio managers

Mutual funds to gain as Sebi tightens norms for portfolio managers

The new norms on portfolio management services (PMS), introduced by the Securities and Exchange Board of India (Sebi) on Wednesday, may further tilt the playing field in favour of mutual funds (MFs), say industry players. While the regulator’s board has approved of broader changes, such as a 2.5x increase in net worth to Rs 5 crore and doubling of minimum […]

by November 22, 2019
PwC-Satyam case: SC restores Sebi‘s power to restrain erring auditing firms

PwC-Satyam case: SC restores Sebi‘s power to restrain erring auditing firms

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The Supreme Court on Monday stayed the observations made by the (SAT) that the (Sebi) had no power to debar from the books of a listed company. The apex court made the observation while hearing an appeal by the market regulator against an order passed by the SAT in the Coopers (PwC) matter. […]

by November 19, 2019
Companies Act: Panel wants further decriminalisation, easing of compliance

Companies Act: Panel wants further decriminalisation, easing of compliance

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The government’s committee to review the law on companies has recommended further decriminalising of many provisions and reducing of penalties, for both declogging the criminal justice system and doing more to provide “ease of living for law abiding corporates”. The panel’s final report was given on Monday to Union finance minister and is […]

by November 18, 2019