Denemek ALTIN - Özgür
Amfito form ethics committee to curb misconduct in AMCS
Business Standard
|May 31, 2023
Panel to take action on self-regulatory basis, will have no judicial powers, says Sebi chief
The Securities and Exchange Board of India (Sebi) is guiding the Association of Mutual Funds in India (Amfi) to form an ethics committee to take action against individual misdemeanours in asset management companies (AMCs).
Speaking at the inauguration of an office of Amfi in Mumbai on Tuesday, Sebi Chairperson Madhabi Puri Buch said the markets regulator was building an institutional mechanism to prevent and deter wrongdoings in the industry.
The proposed ethics committee of Amfi, a nodal association of mutual funds in the country, is envisioned to be able to take action on a self-regulatory basis against individuals who are found involved in misconduct such as front-running and insider trading.
Bu hikaye Business Standard dergisinin May 31, 2023 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Business Standard'den DAHA FAZLA HİKAYE
Business Standard
Delhi curbs open new mkt for ICE-to-EV retrofitters
While comprehensive industry-wide figures are unavailable, a rough estimate drawing on Transparency Market Research's 2021 assessment puts the EV powertrain retrofitting market at about 1 million vehicles, valued at roughly $2.14 billion.
2 mins
December 19, 2025
Business Standard
NCLT approves first stage of Adani Harbour and Adani Ports merger
The Ahmedabad branch of the National Company Law Tribunal on Tuesday gave its nod for the first-stage approval to the proposed merger of Adani Harbour Services Limited with its parent firm - Adani Ports and Special Economic Zone Limited.
1 min
December 19, 2025
Business Standard
IndiGo brass to fan out with 'rebuilding' message
The new pilot rest and duty rules increased weekly rest requirements and reduced permissible night flying hours for pilots.
1 min
December 19, 2025
Business Standard
Airtel to call for ₹15,741 cr tranche of rights issue
Proceeds to be used towards retiring majority of non-govt-related debt
3 mins
December 19, 2025
Business Standard
Stalin writes to PM: Tariffs squeezing profits for textile exporters, leading to mass layoffs
Tamil Nadu Chief Minister MK Stalin has sought an early conclusion of the ongoing India-US trade negotiations, saying that exporters at knitwear hub Tiruppur had already lost ₹15,000 crore in confirmed orders and millions of jobs were at risk, describing it as a \"looming humanitarian challenge\".
1 mins
December 19, 2025
Business Standard
Shriram group may still stay promoter after $4 bn deal
In one of the largest investments in India's financial services space, Japan's Mitsubishi UFJ Financial Group (MUFG) is likely to invest over $4 billion in Shriram Finance for a 20 per cent stake, and the domestic lender is likely to announce the deal on Monday after board approval, sources said.
2 mins
December 19, 2025
Business Standard
FM tables Bill for unified securities laws
BIGGEST RESET IN DECADES TAKING SHAPE
2 mins
December 19, 2025
Business Standard
The bubble lies in larger LLMs: Cognizant AI chief
There is a bubble in artificial intelligence (AI) when it comes to building large language models (LLM) with big funding but the adoption of AI by enterprises will remain unaffected even if it bursts in the next two years, according to Cognizant's chief AI officer.
2 mins
December 19, 2025
Business Standard
Q3 sales, easing costs bode well for Godrej Consumer
GCPL stock trading at 44x its FY27 earnings per share
3 mins
December 19, 2025
Business Standard
Food delivery platforms employed 1.37 mn in FY24: NCAER
The food delivery platform sector in India employed 1.37 million workers in the 2023-24 (FY24) and is expanding at a compound annual growth rate (CAGR) of 12.3 per cent, estimates a new report released by the Delhi-based think tank National Council of Applied Economic Research (NCAER).
2 mins
December 19, 2025
Translate
Change font size