The Department of Telecommunications (DoT) has signed an MoU with the SEBI to enhance cooperation in addressing the misuse of telecom resources in securities market frauds and investment related scams.
The Department of Telecommunications (DoT) has signed an MoU with the SEBI to enhance cooperation in addressing the misuse of telecom resources in securities market frauds and investment related scams.
The SEBI has introduced a two-pronged, one-time relief measure for companies to ease IPO validity timelines and Minimum Public Shareholding (MPS) compliance requirements.
The measure extends the validity of “SEBI Observation Letters” (IPO approvals) that expire between April and September 2026 until September 2026. SEBI also granted a one-time relaxation for listed companies to meet the 25% MPS threshold if their deadlines fall within the same period of April to September 2026.
Bajaj Alternate Investment Management (Bajaj Alts), the alternative investment arm of Bajaj Finserv, has received approval from the Securities and Exchange Board of India (SEBI) to launch Portfolio Management Services (PMS).
This licence allows the firm to expand its operations beyond its existing Alternative Investment Fund (AIF) business into the actively managed listed equities space.