• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar

Ambition IAS

Online IAS Coaching, Preparation, Test Series & Current Affairs

  • KPSC Material
    • General FAQ
    • Books List
      • KAS Prelims Books List
      • KAS Mains Kannada Book List
      • KAS Mains English Book List
    • Free Downloads
      • KAS Prelims Preparation Time table
      • Karnataka Economic Survey (2013-14)
      • Karnataka Economic Survey (2014-15)
      • Previous Question Papers
    • Buy KPSC Prelims Material
      • Buy KAS Prelims Study Material
    • KPSC Mains Study Material
      • KPSC Mains Study Material
  • Mock Tests
    • Prelims Mock Test
      • Free Mock Tests
      • Paid Test Series
    • Mains Mock Test
      • Daily Free Questions (Updated on WhatsApp Group)
      • Paid Test Series
  • Join WhatsApp Group
  • KPSC Mains Test Series
  • UPSC 2015 Prelims MCQs
  • Doubts Corner
  • Contact Us

SEBI To Keep Close Vigil On Stock Exchange Post Election Results

May 16, 2014 by Admin Leave a Comment

  • Securities and Exchange Board of India (SEBI) has said that it will keep an eye for any unusual movements in the stock markets the day Lok Sabha election results will be announced and assured its preparedness in risk management, payment and settlement systems.
  • Incorrect pricings of the Initian Public Offernings (IPO) is being practiced by the companies leading to over Rs.60,000 crore worth of IPOs being withdrawn after filing the draft red herring prospectus (DRHP) or allowed to lapse even after SEBI approval.
  • SEBI:
    • Urged domestic players to create an institution for pension funds as this will strengthen the domestic network.
    • Is looking to increase the quota for anchor investors in IPO.
    • Is considering permitting companies to generate funds through convertibles.
    • Along with stock exchange and SIDBI has identified 5-6 SME clusters in India.
    • To protect the minority shareholders, it has directed companies to come up with a time bound comment prior to filing with the tribunal as per Companies Act.
  • Half of the foreign institutional investor (FII) money poured into India was pension fund money, therefore workers of other countries will reap the benefits of a robust economy. More than half of total FII is in the form of equity.
  • Despite FII’s significant role, any word of govt or SEBI amending the regulations generate negative market sentiments.
  • Read at: http://www.thehindu.com/todays-paper/tp-business/sebi-to-keep-close-vigil-on-market-swings-postelection-results/article6014328.ece

Exams Perspective:

  1. What is an Initial Public Offerings (IPO)?
  2. What is a red herring prospectus?
  3. What is the concept of anchor investor?  
  4. What are Qualified Institutional Buyers (QIBs)?

Filed Under: Current Affairs, Economy

Primary Sidebar

Subscribe To Newsletter





Like us on Facebook

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in