SEBI

Pipara & Co LLP expands Accounting Assurance practice to Isle of Man

Retrieved on: 
Friday, December 15, 2023
NIA, Name, Isle, KPMG, Security (finance), PCAOB, Control, OECD, BDO, Serious Fraud Investigation Office, Jeopardy! audition process, National Investigation Agency, Audit working papers, Central Bureau, EY, SFIO, Crown, IOM, Committee on Accounting Procedure, AI Global Media, SEBI, Central Bureau of Investigation, Accounting, Audit

AHMEDABAD, India, Dec. 15, 2023 /PRNewswire/ -- India-based Chartered Accountancy firm Pipara & Co LLP got enlisted at the Isle of Man, a Crown-dependent Island nation. What makes Isle of Man special is that they have remained compliant with OECD, making international trade for corporates hassle-free.

Key Points: 
  • AHMEDABAD, India, Dec. 15, 2023 /PRNewswire/ -- India-based Chartered Accountancy firm Pipara & Co LLP got enlisted at the Isle of Man, a Crown-dependent Island nation.
  • What makes Isle of Man special is that they have remained compliant with OECD, making international trade for corporates hassle-free.
  • Pipara finds its name amongst those 16 leading names, while being the only Indian firm on that list.
  • Commenting on this milestone feat, Gyan Pipara, Pipara & Co LLP Founder, said, "Our assurance practice at the United States has funnelled through the highest Auditing Standards, which opened our doors to countries like Isle of Man, that are stringent in enlisting auditors on their panel."

Adani Group: Allegations by OCCRP Mischievous, Misleading

Retrieved on: 
Friday, September 1, 2023
Accounting, Professional Services, Other Transport, Other Energy, Transport, Utilities, Other Professional Services, Logistics, Supply Chain Management, Legal, Energy, Finance, Hindenburg Research, Hindenburg, High courts of India, Securities and Exchange Board of India, Adani Group, SEBI, Joint FAO/WHO Expert Committee on Food Additives, Directorate of Revenue Intelligence, MPS, Corruption, OCCRP, Publication, Directorate, Investment, DRI, FPI, Supreme court, Security (finance), News

The Adani Group, India’s leading integrated business conglomerate, issued a media statement today in response to the Organized Crime and Corruption Reporting Project ( OCCRP ) Report that alleged the Adani Group violated certain laws.

Key Points: 
  • The Adani Group, India’s leading integrated business conglomerate, issued a media statement today in response to the Organized Crime and Corruption Reporting Project ( OCCRP ) Report that alleged the Adani Group violated certain laws.
  • The present report is the second instance of an international organization to make meritless allegations against the conglomerate.
  • Earlier, Hindenburg Research, a New York-based short-seller, had issued a report making similar allegations.
  • Adani Group issued the following statement in response to the OCCRP Report:
    “We categorically reject these recycled allegations.

Update to the Press Release titled – Ebix Provides a Strategic Update

Retrieved on: 
Friday, July 14, 2023
Hindenburg Research, Defamation, Letter, IPO, Hindenburg, Marketing, RBI, Bank statement, Securities and Exchange Board of India, Reserve Bank of India, Fiscal, SEBI, Ebix, Red, Addendum, PPI, Parity, Publishing, Reserve Bank, Hearing, Court, Security (finance), Consolidated, Cryptocurrency, Bank, Roc

JOHNS CREEK, Ga., July 14, 2023 (GLOBE NEWSWIRE) -- Updated Release with a few clarifications - Ebix, Inc. (NASDAQ: Ebix), today issued an informational release with a few clarifications and updates to the previously issued strategic update release on July 6th, 2023.

Key Points: 
  • JOHNS CREEK, Ga., July 14, 2023 (GLOBE NEWSWIRE) -- Updated Release with a few clarifications - Ebix, Inc. (NASDAQ: Ebix), today issued an informational release with a few clarifications and updates to the previously issued strategic update release on July 6th, 2023.
  • The details of the letter have been disclosed in the addendum to the DRHP filed by EbixCash on June 1, 2023.
  • C. Updates with respect to the short report:
    With respect to the short report dated June 16, 2022, Ebix, Inc., provided a point-wise rebuttal of certain allegations through a press release on June 21, 2022.
  • The matter is currently pending and the next date of hearing is August 14, 2023.

ESMA recognises four new Third Country CCPs

Retrieved on: 
Tuesday, May 2, 2023
CCIL, Securities and Exchange Board of India, European Securities and Markets Authority, Tel Aviv Stock Exchange, RBI, Clearing Corporation, Financial Supervisory Commission (Taiwan), Reserve Bank of India, ICCL, SEBI, European Market Infrastructure Regulation, International Financial Services Centre, Superintendencia Financiera de Colombia, Securities Commission Malaysia, NSE, IICC, Securities commission, Microsoft, Reserve Bank, Associated Provincial Picture Houses Ltd v Wednesbury Corp, Security (finance), EMIR, Israel Securities Authority, TC, Financial adviser, Management, Limited, ESMA

ESMA recognises four new Third Country CCPs

Key Points: 
  • ESMA recognises four new Third Country CCPs
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has recognised four additional third country CCPs (TC-CCPs) under Article 25 of the European Market Infrastructure Regulation (EMIR), bringing the total number of TC-CCPs recognised by ESMA to 39.
  • The newly recognised TC-CCPs are:
    - Bursa Malaysia Derivatives Clearing Berhad (Malaysia);
    - Taiwan Futures Exchange Corporation (Taiwan);
    - Cámara de Riesgo Central de Contraparte de Colombia S.A. (Colombia); and
    - Tel-Aviv Stock Exchange Clearing House Ltd (Israel).
  • ESMA now has 25 cooperation arrangements for TC-CCP supervision with supervisory authorities from 20 third countries.
  • ESMA has updated its list of recognised third-country central counterparties (TC CCPs) accordingly.

EbixCash Receives SEBI Clearance

Retrieved on: 
Monday, April 10, 2023
Insurance, BSE, IPO, Securities and Exchange Board of India, SEBI, Public, Ebix, NSE, Observation, Security (finance), Financial adviser, NOIDA

NOIDA, India and JOHNS CREEK, Ga., April 10, 2023 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has received the final observation letter/clearance from the Securities and Exchange Board of India (SEBI) for its proposed initial Public Offering (IPO).

Key Points: 
  • NOIDA, India and JOHNS CREEK, Ga., April 10, 2023 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has received the final observation letter/clearance from the Securities and Exchange Board of India (SEBI) for its proposed initial Public Offering (IPO).
  • EbixCash will now be working with its advisors on the next steps leading to the listing of EbixCash on NSE and BSE.

Issuer Tender Offer: SoftSol India Limited Is Undertaking Buyback of Equity Shares Program in Accordance With SEBI (Buyback of Securities) Regulations, 2018

Retrieved on: 
Tuesday, February 28, 2023
Software, Technology, Networks, Data Management, Date, INR, Indian stock exchange, SEBI, Equity sharing, Letter, Buyback, Person, BSE, Security (finance), Baking

SoftSol India Limited (BSE: 532344) announces an offer to buyback upto 20,58,824 fully paid Equity Shares of face value of INR 10/- each (Equity Shares) of the Company at a price of INR 170/- per Equity Share on a proportionate basis through a tender offer (the “Buyback”).

Key Points: 
  • SoftSol India Limited (BSE: 532344) announces an offer to buyback upto 20,58,824 fully paid Equity Shares of face value of INR 10/- each (Equity Shares) of the Company at a price of INR 170/- per Equity Share on a proportionate basis through a tender offer (the “Buyback”).
  • The Buyback Offer will open on Friday, March 03, 2023 and will close on Friday, March 17, 2023.
  • The Letter of Offer for the Buyback along with the Tender Forms have been despatched to all the persons who were the shareholders of the Company as of January 13, 2023 (Record Date), at the address elected by the shareholders and registered with the depositories for all correspondence by the Company.
  • The Letter of Offer is available on the websites of SEBI at www.sebi.gov.in and BSE at www.bseindia.com where the Company’s shares are listed, the website of the Company SoftSol India Limited at www.softsolindia.com and on the website of the Manager to the Offer; akasam consulting private limited at www.akasamconsulting.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230227005478/en/

Leading Data Provider Preqin Opens Bangalore Office

Retrieved on: 
Tuesday, February 21, 2023
Benchmarking, INR, SEBI, Government, IVCA, SVP, Security (finance), Private equity, Intelligence, USD, Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, Data management, Partnership, Growth, Cryptocurrency, Preqin

BANGALORE, India, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Today Preqin , the global leader empowering the alternatives community with essential data and insight, has announced the opening of its 16th office, based in Bangalore, India.

Key Points: 
  • BANGALORE, India, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Today Preqin , the global leader empowering the alternatives community with essential data and insight, has announced the opening of its 16th office, based in Bangalore, India.
  • With the alternative asset landscape constantly evolving, Preqin continues to push for data excellence and innovation.
  • The strategic move to open a dedicated Bangalore office demonstrates Preqin’s commitment, and supports the company’s ambition to provide its customers with the most accurate, comprehensive, and timely data and insights.
  • Vatsan Sudersan, SVP, Global Head of Data Management, based in Bangalore, adds, “India’s alternative assets industry is growing quickly and there is a great talent pool – opening an office in Bangalore was the logical next step.

Happiest Minds Acquires Sri Mookambika Infosolutions 'SMI'

Retrieved on: 
Wednesday, January 25, 2023
Microsoft mobile services, Ernst & Young, Digital, Corporate governance, SEBI, CFO, Corporation, Great Places, Institute of Company Secretaries of India, Born Digital, ICSI, Woman, Analytics, ISO, AI, SMI, Enterprise application integration, SAN, NSE, Capability Maturity Model Integration, Tier 2, CMMI, Acquisition, ISO 9001:2015, Engineering, Medical device, Management, DevOps

SAN JOSE, Calif. LONDON, and BENGALURU, India, Jan. 25, 2023 /PRNewswire/ --  Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.

Key Points: 
  • SAN JOSE, Calif. LONDON, and BENGALURU, India, Jan. 25, 2023 /PRNewswire/ --  Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.
  • Joseph Anantharaju, Executive Vice Chairman & CEO – Product Engineering Services, Happiest Minds Technologies said, "We are excited to have the SMI team of 400+ join the Happiest Minds family.
  • Over the years SMI has built a strong profitable enterprise and we are extremely pleased to welcome them to the Happiest Minds family.
  • Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
    Strengthen Happiest Minds' offerings and leadership in the healthcare vertical with delivery capabilities in tier-2 locations like Madurai and Coimbatore.

Happiest Minds Acquires Sri Mookambika Infosolutions 'SMI'

Retrieved on: 
Wednesday, January 25, 2023
Microsoft mobile services, Ernst & Young, Digital, Corporate governance, SEBI, CFO, Corporation, Great Places, Institute of Company Secretaries of India, Born Digital, ICSI, Woman, Analytics, ISO, AI, SMI, Enterprise application integration, SAN, NSE, Capability Maturity Model Integration, Tier 2, CMMI, Acquisition, ISO 9001:2015, Engineering, Medical device, Management, DevOps

SAN JOSE, Calif. LONDON, and BENGALURU, India, Jan. 25, 2023 /PRNewswire/ --  Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.

Key Points: 
  • SAN JOSE, Calif. LONDON, and BENGALURU, India, Jan. 25, 2023 /PRNewswire/ --  Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.
  • Joseph Anantharaju, Executive Vice Chairman & CEO – Product Engineering Services, Happiest Minds Technologies said, "We are excited to have the SMI team of 400+ join the Happiest Minds family.
  • Over the years SMI has built a strong profitable enterprise and we are extremely pleased to welcome them to the Happiest Minds family.
  • Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
    Strengthen Happiest Minds' offerings and leadership in the healthcare vertical with delivery capabilities in tier-2 locations like Madurai and Coimbatore.

FigBytes Expands Into India with Solutions That Simplify Sustainability Reporting

Retrieved on: 
Thursday, December 15, 2022
Constellation, Carbon, James Forrest (New Zealand cricketer), DEI, Annual report, Securities and Exchange Board of India, Water, Security (finance), Disclosure, Biophysical environment, Business, Financial Times and McKinsey Business Book of the Year Award, US, Sustainability, Environment, Organization, Growth, Investment, SEBI, Dhillon, BRSR, ESG, Renewable energy, Financial adviser

This expansion will enable FigBytes to better support publicly listed companies in India to comply with SEBI regulations such as the mandatory BRSR , in addition to many other sustainability reporting requirements.

Key Points: 
  • This expansion will enable FigBytes to better support publicly listed companies in India to comply with SEBI regulations such as the mandatory BRSR , in addition to many other sustainability reporting requirements.
  • Thousands of publicly traded companies in India must now, or will soon be required to, comply with multiple ESG reporting requirements including the Business Responsibility and Sustainability report (BRSR) as mandated by the Securities and Exchange Board of India (SEBI).
  • This momentum has helped FigBytes to become recognized by organizations around the world as the “go-to” platform to support better sustainability reporting and better sustainability programs.
  • FigBytes ESG Insight Platform supports automated sustainability reporting and ensures better sustainability programs.