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Sebi board OKs stricter disclosure rules for FPIs

The Securities and Exchange Board of India (SEBI) has approved stricter disclosure rules for foreign portfolio investors (FPIs) to prevent misuse of overseas investment routes and violations of shareholding regulations. The new rules require FPIs to make additional disclosures on ownership, economic interest, and control of funds. The move comes amid SEBI s ongoing investigation into allegations of infringements by the Adani Group. SEBI also approved a proposal to reduce the interval for listing shares after a public offering to three days, instead of the current six days. The revised timeline will be implemented in two phases.

Sebi Board OKs Stricter Disclosure Rules for FPIs

The board of the Securities and Exchange Board of India on Wednesday approved tighter disclosure rules for foreign portfolio investors (FPIs), to curb misuse of overseas investment routes and prevent violation of public shareholding regulations.

Confusion persists on post-Oct 1 TCS regime

Confusion persists on post-Oct 1 TCS regime
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

Confusion persists on post-Oct 1 TCS regime

Confusion persists on post-Oct 1 TCS regime
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

Sebi: Sebi lets AIFs float new scheme to liquidate their illiquid assets

The new rule allows such investments to be either sold to a new scheme of the same AIF - liquidation scheme or distributed in-specie to the investors of the original AIF. An in-specie distribution involves the distribution of the investments such as shares or other securities of the AIF to its investors, instead of returning their capital in the form of cash.

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