Regulator bars 39 entities for alleged manipulation of RRP Semicon share price
The Securities and Exchange Board of India has intervened in the case of RRP Semiconductor, taking serious measures against 39 entities implicated in suspected stock price manipulation. The regulator discovered a systematic approach that inflated the company’s share price beyond sustainable limits.
Guardrails for MFIs need to continue
In a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financially vulnerable populations. These standards not only mitigate the risk of over-borrowing but also enhance trust within the financial ecosystem. The microfinance sector continues to demonstrate its resilience amid market fluctuations.
Meet broad-based rules while serving AIFs, Sebi clarifies
In a push to tighten regulations, Sebi has laid down fresh guidelines for asset management companies overseeing alternative investment funds. Each scheme is now required to include at least 20 investors, ensuring that no individual investor exceeds a 25% stake in the fund’s total corpus.
MFs gain during market pain: Net flows zip 56% in march
In March, equity mutual fund inflows soared to their highest level in eight months, showcasing a resilient commitment from domestic investors even amid market turbulence. Their increased investments played a crucial role in balancing out the recent foreign fund exits. Moreover, contributions via Systematic Investment Plans (SIPs) surged to unprecedented figures.
D-Street goes green after streak of red
After enduring a challenging six-week slump, Indian stock markets made a notable comeback, with the Nifty and Sensex soaring significantly. The positive momentum was fueled by heightened investor enthusiasm surrounding US-Iran ceasefire discussions. This surge not only elevated the market capitalizations of various companies but also attracted foreign portfolio investors as they shifted to net […]