market regulator – The News Desk

Gautam Adani, the Indian billionaire, has reclaimed a position among the world's top 20 richest individuals after a consecutive market rally lifted the combined market value of his companies by 1.33 lakh crore. He currently holds the 19th spot on the Bloomberg Billionaires Index, marking a $6.5 billion increase in his overall net worth, as per Bloomberg's recent update.However, his total net worth remains $53.8 billion lower for the year-to-date period, according to an ET report.Adani's companies experienced a robust rally across all ten stocks following the Supreme Court's remarks on the market regulator Sebi’s investigation into the Adani Group, which significantly bolstered investor interest in these stocks.The collective market cap of all Adani Group stocks surged by more than Rs 33,0...

The Securities and Exchange Board of India (Sebi) has proposed a significant revamp of the “trading plan” framework, which would allow insiders to trade their company shares with greater flexibility. The proposed changes include the elimination of the “black-out” period, a reduction in the cool-off period, and relatively lenient price limits. Insiders, typically senior management and key managerial personnel who often have access to unpublished price-sensitive information (UPSI), have a small window to carry out trades in their company shares; they are required to submit a “trading plan” detailing the share price, quantity, and transaction date in advance. “Since the introduction of trading plans in 2015, data and market feedback suggest that the current regulatory re...

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Market Regulator: Gautam Adani back in world’s top 20 richest billionaires list as Adani group stocks rally

Market regulator Sebi proposes easing trading plans for company insiders