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A 1,900% index surge draws...

MUMBAI: India’s markets regulator, the Securities...

A 1,900% index surge draws regulator action on tiny India stocks

MUMBAI: India’s markets regulator, the Securities & Exchange Board of India(Sebi), is tightening its oversight of platforms meant for tiny businesses, a segment that’s more prone to manipulation due to fewer compliance requirements. Bourses operated by BSE Ltd and its larger peer the National Stock Exchange of India Monday extended their short-term surveillance rules to cover firms listed on their small and medium enterprises (SME) platforms. The decision was taken after a surveillance meeting of exchanges and the Securities & Exchange Board of India. The regulator has been...

A 1,900% index...

MUMBAI: India’s markets regulator, the Securities & Exchange Board of India(Sebi), is tightening its oversight of platforms meant for tiny businesses, a segment...