
Debt schemes to be classified on potential risk class matrix

SEBI had barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for v

In this regard, a display table has been made mandatory from December 1, 2021, Sebi said

Wealth managers and investment advisors suggest that international investing is important in asset allocation. The increase in cap by SEBI widens the

The regulator has also specified responsibilities of parties involved, contents of the database and manner of submitting the information

The deadline for putting in place an automated web portal with respect to IPOs through the UPI system has also been extended

While imposing the ban till further orders on the eight entities, SEBI also directed impounding illegal gains worth Rs 3.06 crore from two of them --

Proceeds from the Rolex Rings IPO would be used towards funding long-term working capital requirements as well as general corporate purposes

The move comes in the wake of the second wave of the Covid-19 pandemic and restrictions imposed by various state governments, Sebi said in a circular

Over the last eight trading sessions between May 19, 2021, to May 31, 2021, FIIs poured in over $1 billion or Rs 7,311 crore