Standard Chartered Bank has settled a case with market regulator Sebi. The bank agreed to pay Rs 57 lakh for alleged lapses as a designated depository participant for foreign portfolio investors. Sebi found failures in monitoring FPI disclosures and reporting changes in beneficial ownership. Delays in processing investor grouping updates were also noted. The settlement resolves multiple compliance issues.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while