Tag: securities and exchange board of india
RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…
Cult.fit IPO: Cultfit files DRHP with Sebi to raise Rs 950 crore via fresh issue
Fitness and active lifestyle platform Cultfit has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public…
Digital lender Fibe files draft papers seeking to raise Rs 750 crore in fresh capital
Digital lending startup Fibe has filed its draft papers with market regulator Securities and Exchange Board of India (SEBI) seeking to raise Rs 750 crore…
Digital gold sector takes shine to govt’s formal framework signal
India’s digital gold sector could eventually see formal regulation, with the Centre showing openness to creating an oversight framework for the industry. The issue of…
FM Nirmala Sitharaman pushes unified KYC framework, asks Sebi to lead
Mumbai: Finance minister Nirmala Sitharaman on Saturday called for a unified know-your-customer (KYC) system across the financial sector to eliminate repeated verification for users, and…
End of story: Zerodha shuts Zero1 initiative for creators amid regulatory uncertainty
Discount brokerage Zerodha has shut down its media initiative, Zero1 Network, citing the regulatory uncertainty around financial influencers, popularly referred to as finfluencers. Launched on…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
SEBI seeks CBDT clarity on tax role of authorised representatives of FPIs
Mumbai: India’s capital market regulator has asked the apex tax body to spell out its stand on a vexing question that foreign portfolio investors (FPIs)…
Sebi working to cut compliance burden, says chairman Tuhin Kanta Pandey
Mumbai: The Securities and Exchange Board of India (Sebi) is planning to reduce regulatory costs and compliance burden to enhance the competitiveness of the securities…
Flipkart-backed Shadowfax files updated DRHP for Rs 2,000 crore IPO
Logistics provider Shadowfax Technologies has filed the updated draft red herring prospectus for its initial public offering with capital markets regulator Securities and Exchange Board…