The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹6 lakh on two entities of troubled fintech company Ebix for misrepresenting facts and providing misleading information in IPO documents. This action was taken under a judicial order issued on December 19, 2024. SEBI News SEBI stated that EbixCash Limited and Ebix […]

Groww AMC, a prominent name in the Indian asset management sector, recently resolved a case with the Securities and Exchange Board of India (SEBI) by paying INR 9 lakh. This settlement came after Groww AMC and Groww Trustee proactively filed a suo motu settlement application with SEBI. The case revolved around a violation of a […]

The SEBI has recently bans volume-based discounts aimed at ensuring market fairness and transparency. One of the key directives issued by SEBI is the prohibition of MIIs from offering volume-based discounts to brokers. This regulatory move, slated to take effect from October 1, 2024. It marks a significant shift in how brokerage services are priced […]

SEBI has taken a significant step to boosts overseas investments by allowing up to 100% aggregate contribution NRIs, OCIs. And also Resident Indians in the corpus of FPIs that are based out of International Financial Services Centres (IFSCs). This move is expected to enhance the participation of Indian investors in the global markets. Also this […]

In a significant move towards promoting financial education and investor awareness, the Securities and Exchange Board of India (SEBI) has launched a free, voluntary online “SEBI – Investor Certification Examination.” This initiative, developed in collaboration with the National Institute of Securities Markets (NISM), aims to empower investors by testing and enhancing their knowledge of the […]