The Securities and Exchange Board of India (SEBI) on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific portion of their assets in Indian securities.
Notably, the Congress has been demanding resignation of Buch following the Hindenburg Research report against her in August. The US-based shortseller alleged that Buch and her husband Dhaval Buch had stakes in obscure offshore entities used in the Adani money siphoning scandal.
The Parliament's Public Accounts Committee (PAC) on Thursday postponed its meeting after it witnessed a ruckus as SEBI chairperson Madhabi Puri Buch failed to appear before the panel.
Private equity (PE) firm True North-led company (erstwhile Max Bupa), had filed its IPO papers with SEBI on June 29.
F&O trades and mutual funds are reportedly the focal point of the Securities and Exchange Board of India (SEBI) board meeting being held on Monday.
It also directed that a "responsible officer" from the market regulator's head office at Mumbai be present in the court on March 28 to answer all the questions posed by it.
Sundaram AMC is a 100 per cent subsidiary of non-banking finance major Sundaram Finance Ltd.
Based on the recommendations of the Committee both SEBI and CERC have come to an agreement that CERC will regulate all the physical delivery.
the regulatory body listed the various decisions that were taken during the meeting such as approval for the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021.
Earlier in November 2019, Puranik Builders had filed papers with Sebi to float an initial share-sale and had received the regulator's clearance.
