The Securities Appellate Tribunal (SAT) on Tuesday rejected appeals of Eros International Media Ltd, its Managing Director Sunil Arjan Lulla and Chief Executive Officer Pradeep Kumar Dwivedi that challenged Sebi‘s order restraining them from the capital market in a fund diversion case. “We do not find any reason to interfere with the impugned order at […]
Day: May 11, 2024
Sebi seeks to calm FPI fears through relaxed guidelines for NRIs, OCIsSebi seeks to calm FPI fears through relaxed guidelines for NRIs, OCIs
In a consultation paper issued recently, the Securities and Exchange Board of India (Sebi) has proposed to allow higher investments from Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) through Foreign Portfolio Investors (FPIs) operating out of International Financial Services Centers (IFSC). Market experts believe that Sebi’s proposal comes at a time when it […]
Mid-caps, small-caps likely to lose steam in second halfMid-caps, small-caps likely to lose steam in second half
After the exuberance over mid-caps and small-caps in the first half of the financial year, markets experts are expecting large-caps to take the lead in the second half of the financial year. Experts believe that investors will prefer safe havens because of the uncertainty around various key events. These include elections in India, potential rate […]