IIFL Securities wins bid to acquire 11 lakh Karvy demat accounts; Axis Securities gets trading accountsFor the first time in India, stock exchanges and depositories have decided to sell the assets of a stockbroker to settle the dues of broker...
24 Feb, 2021, 05.36 PM IST
Sebi plans to introduce framework to compensate investors for technical glitchesFurther, to improve the efficacy of liquidity enhancement measures such as market making, Liquidity Enhancement Scheme (LES) and call aucti...
10 Feb, 2021, 06.54 PM IST
Bourses, depositories to sell demat, trading accounts of Karvy Stock BrokingLater market regulator Sebi asked NSE to increase its Investor Protection Fund (IPF) corpus from Rs 560 crore to Rs 1,500 crore in order to...
09 Feb, 2021, 07.36 AM IST
Sebi ask NSE to increase investor protection fund corpusThe main contribution for IPF comes from listing fee, members contribution, treasury income and penalty collected from the members.
18 Nov, 2020, 05.55 PM IST
Sebi to revamp grievance redressal mechanism at stock exchangesIn a letter to BSE on November 13, Sebi has asked the exchange to disclose the IPF corpus on its website and update the same on a monthly b...
17 Nov, 2020, 09.43 PM IST
Sebi directs BSE to review IPF corpus annuallyAccordingly, Sebi has directed BSE to conduct annual review to ascertain the adequacy of the IPF corpus of the exchange, disclose the IPF c...
17 Nov, 2020, 07.46 PM IST
Sebi Chief has a piece of advice for Independent DirectorsTyagi said the regulator has observed an increasing trend in the number of resignations by independent directors in the last two- three yea...
22 Oct, 2020, 07.29 AM IST
Budget 2015: Income coming to Core SFG exempted from tax, says Arun JaitleyClearing corporations are mandated to establish Core SGF for each segment of a recognised stock exchange to guarantee the settlement of tra...
28 Feb, 2015, 11.34 PM IST
Sebi reviews norms dealing with investor protection fundThe decisions have been taken following deliberations by Secondary Market Advisory Committee and representations of the stock exchanges.
29 Sep, 2014, 09.34 PM IST
- Clients can claim money from commex fund if broker defaults
Each investor in the commodity futures market can now claim a compensation of up to 2 lakh if a broker defaults in making payments.
03 Oct, 2011, 04.00 AM IST
Philanthropy: Indians give just 1.5-3% of their annual incomesA Bain report indicates that under the right conditions, giving in India can reach significant and impactful proportions.
02 Jul, 2011, 01.47 PM IST
- PFC taps LIC, NTPC for India Power Fund
Power Finance Corporation (PFC), the central nodal agency for financing power projects, is in talks with LIC, NTPC and Rural Electrificatio...
25 Jan, 2007, 01.39 AM IST
- PFC to launch Rs 1000 cr IPF by March
At present, PFC has received a firm commitment only from LIC which will contribute an undisclosed sum into the Rs 1000 crore IPF corpus. PF...
24 Jan, 2007, 08.40 PM IST