Based in India, Ajoy is a financial and industrial journalist with three decades of experience with leading print media brands in the country and global news agencies like Reuters. Over the years, he has covered major Indian heavy manufacturing industries like mining and metals, energy, chemicals and petrochemicals, and financial markets with a focus on equities and regulation.
Securities / Derivatives
SEBI Relaxes Additional Disclosure Requirements for FPIs
22/03/2024
FPIs with over 50% of their Indian equity AUM in a corporate group will be exempted from the additional disclosures, subject to conditions.
Securities / Derivatives
First Commodity Exchange Licence Granted in Bangladesh
21/03/2024
Chittagong Stock Exchange will establish Bangladesh’s first commodity exchange, initially offering cash-settled gold, cotton and crude oil derivatives contracts.
Securities / Derivatives
SEBI Confirms Market Ban for LIC Employee in Front-running Case
21/03/2024
An employee of Life Insurance Corporation of India as well as his family members and two family legal entities were banned from the securities market.
Securities / Derivatives
India: Small Cap Fund Investors Would Face Redemption Delays
21/03/2024
Mutual fund stress tests reveal delays of up to 30 days in liquidating a quarter of a small-cap portfolio and up to 17 days in the case of a mid-cap portfolio.
Securities / Derivatives
SEBI to Require ‘Audio-Visual’ Disclosures With IPO Offer Documents
21/03/2024
Audio-visual representations of disclosures made in IPO offer documents will help investors better understand the features of the offer, SEBI said.
Securities / Derivatives
SEBI Approves Proposal to Allow AIFs to Pledge Equity Shares
20/03/2024
SEBI also approved a proposal to require AIFs to carry out specific due diligence of their investors and investments, to enhance trust in the AIF system.
Securities / Derivatives
SEBI Approves Rule Changes to Lower Burden on Listed Companies
20/03/2024
Companies will no longer have to maintain a 1% security deposit for public or rights issues of equity shares. They will also have more time to fill KMP vacancies.
Capital / Liquidity
RBI Tightens Scrutiny of High-Risk Lending Models
19/03/2024
The RBI is scrutinising mortgage top-up loans, algorithm based credit models, and co-lending arrangements.
Securities / Derivatives
SEBI to Scale Back Launch of Optional T+0 Settlement Cycle
18/03/2024
SEBI said the “beta version” of the optional T+0 settlement system has been approved by its board, but only for a “limited set of 25 scrips” and “with a limited set of brokers”.
Securities / Derivatives
SEBI Exempts Certain FPIs from Additional Disclosure Requirements
16/03/2024
SEBI also approved two other proposals, one to relax the timelines for disclosures of material changes, and the other to allow FPIs to reactivate an expired registration.
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