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ICAI-certified auditors for listed cos., says SEBI Taking a tough stand, the Securities and Exchange Board of India (SEBI) has directed the Institute of Chartered Accountants of India (ICAI) that the audit of listed companies and public sector undertakings will be conducted only by auditors holding a 'peer review certificate' issued by the institute. 13 May 2007
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Sebi amends disclosure guidelines To increase the efficiency and transparency in the primary market, Securities & Exchanges Board of India (SEBI) has amended its primary market disclosure requirements for listed companies under the (Disclosure and Investor Protection) (DIP) guidelines 2000. 11 May 2006
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IPO manipulated by 'opportunists,' says SEBI; action ordered against erring parties Indian stock market regulator, the Securities and Exchange Board of India (SEBI), in its latest crackdown on parties involved in the multi-million dollar Initial Public Offer (IPO) scam has stated that gross violation of the mandatory "know your customer" norm (KYC norm) laid down by SEBI for operators and depository participants hinted that the whole incident was not accidental but a calculated move made by opportunists who sought to make a quick profit. 08 May 2006
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SEBI bans 24 players from securities market for IPO scam role In a move welcomed by market investors, securities market watchdog, Securities and Exchange Board of India (SEBI), has categorically barred 24 key stock operators, including bigwigs like Indiabulls, Karvy Stock Broking and Anagram Securities from operating in the stock market and has banned 12 depository participants (DPs) from opening fresh accounts for their "abusive practices" in the initial public offerings (IPOs) of various companies between 2003 and 2005. 04 May 2006
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SEBI allows retail operations, defers order against Indiabulls A day after the shocking interim order of the Securities and Exchange Board of India (SEBI) - banning 24 key operators and 12 depository participants (DPs) from all market activities - sent the stock prices plummeting, the market regulator has revised its order, April 28, allowing the banned brokers to trade in stock markets on behalf of their retail clients. 01 May 2006
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Indian markets end up in special trading session Indian shares ended sharply higher in a special trading session Saturday, a day after the local market regulator's move to bar some brokers from trading led to a roller-coaster session. 30 Apr 2006
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India's stock market rattled by trader ban India's stock market opened sharply lower, but then rebounded, after regulator barred several individuals and companies from trading for alleged violation of rules in allotment of initial public offerings of companies. 30 Apr 2006
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Sensex plummets after reaching all-time high, SEBI to investigate Mumbai - Indian shares fell sharply last Friday after a volatile session on heavy profit taking in blue chips such as software firms Wipro and Tata Consultancy Services and cigarette major ITC, prompting the Securities and Exchange Board of India (SEBI) to order an enquiry into the collapse. 10 Apr 2006
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SEBI eases listing norm on public holding Mumbai - The Securities and Exchange Board of India (SEBI) has eased the listing norm on public holding by approving in principle that companies with substantial market capitalization can remain listed even if non-promoter holdings fell below 25 percent. 03 Apr 2006