Sebi issues notices to Amit Goenka from Essel and 7 others in the money transfer case
On Tuesday, the capital markets regulator issued notices of a temporary injunction against Shirpur Gold Refinery, its former chairman Amit Goenka, promoter Jayneer Infrapower and Multiventures, and five others for allegedly stealing funds from the company and violating other rules. Shirpur is part of Subhash Chandra Goenka led-Essel Group and has been transferred to NCLT […]
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The National Stock Exchange issues a framework for appointing a Sharia auditor
With IPOs missing, Sebi takes a difficult IPO move Kirloskar Brothers recalls EGM on December 8; To vote on forensic review The exchanges designate 15 stock brokers as QSBs with enhanced commitments Discount brokers are taking giant strides; Now it accounts for 57% of active customers 40 crore MF industry arches for industry-wide forensic audit […]
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SEBI issues an advisory paper on disclosure requirements for listed companies
The capital markets regulator SEBI on Monday issued an advisory paper on streamlining disclosure requirements by listed entities. In his advisory paper, Sebi looks forward to addressing the challenges faced by newly listed companies in presenting the financial result for the first time related to the timeline for filling the vacancies of […]
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SEBI issues an advisory paper on the role and obligations of mutual fund trustees
The Securities and Exchange Board of India (SEBI) has issued an advisory paper on the role and obligations of mutual fund trustees. The consultation paper aims to seek opinions on issues related to reviewing the role and obligations of trustees as well as clarifying the role and accountability of the boards of […]
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E50PW ETF issues options to Euro Stoxx 50
UBS ETF (IE) Euro Equity Defensive Put Type SF UCITS ETF (EUR) A-acc (E50PW ETF) The investment objective is to replicate the results of the defensive selling index of stocks in the euro. The fund industrially replicates the development of the index by investing in a swap. The counterparty in the swap transfers collateral to […]
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iClima executives share frustrations about Tesla’s ESG issues
Gabriella Herculano, CEO of iClima Earth, and iClima director behind the iClima Global Decarbonisation Enablers Enablers UCITS ETF, met with Proactive London to talk about how they shared Elon Musk’s frustration with Tesla’s ESG troubles and their exclusion from S&P 500 ESG-index. She says S&P’s move is part of a broader change toward the use […]
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DJIA ETF is a fund that invests in Dow Jones and issues options
Global X Dow 30 Covered Call ETF (DJIA ETF) tracks an index that uses a covered call strategy to provide a long exposure to stocks in Dow Jones Industrial Average Selling the put options in the index at each position. Global X Dow 30 Covered Call ETF (DJIA ETF), which is traded on the New […]
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