Mumbai, Aug 2 (IANS) Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch said on Friday that India is the top country when it comes to the total number of initial public offerings (IPOs) and issuances globally.
Addressing a FICCI conference in Mumbai, she said that the markets regulator is also working towards simplifying the IPO documents and filing procedures templates, along with creating a forum for feedback to be part of the regulatory framework.
SEBI will soon send a proposal on this move to the board for approval.
“We have taken to our Board to make it a formal part of the regulatory architecture. This process of industry-standard forums across the spectrum has been such a learning experience for us,” Buch told the gathering.
The capital markets regulator is also working towards easing the mechanism for listing startups.
SEBI recently invited three key industry associations to form the Industry Standards Forum.
The Industry Standards Forum has successfully brought together key stakeholders to draft and implement regulatory standards.
Earlier this week, SEBI launched a comprehensive report on the Indian Capital Markets that covers the most significant reforms, important milestones, and technological innovations, along with their impact on investors in the country.
According to the markets regulator, the report delves deeper into recent technological innovations and reforms, several of which are global firsts.
Ashish Kumar Chauhan, NSE’s MD and CEO, said that the report provides a comprehensive analysis of India’s Capital Markets evolution over the years, propelled by active retail participation, sustained and high inflow by domestic institutional investors, and strong performance of listed companies.
–IANS
na/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
