SEBI framework for considering unaffected price for transactions upon confirmation of market rumour
The unaffected price shall be considered for transactions on which pricing norms, provided that the rumour pertaining to such transaction has been confirmed within 24 hours from the trigger of material price movement. It has been specified in this circular that the unaffected price shall be considered by excluding the effect on the price of the equity shares of the listed entity due to the material price movement and confirmation of the rumour.
SEBI issues industry standards on verification of market rumours
In order to facilitate ease of doing business, the Industry Standards Forum (“ISF”) comprising of representatives from three industry associations, viz. ASSOCHAM, CII and FICCI, under the aegis of the Stock Exchanges, on a pilot basis, has formulated industry standards, in consultation with SEBI, for effective implementation of the requirement to verify market rumours.
SEBI Master Circular for Investment Advisers
The circular provides the responsibilities of a stock exchange recognized to act as an AASB to supervise investment advisors.
CERC Seeks Input on Transition to Monthly Coal Escalation Rates
A Staff Paper outlining the current method and proposing different transition options has been published on the CERC website. Stakeholders, including power companies and industry experts, are encouraged to submit comments and suggestions by June 24, 2024.
2024 Transmission License Regulations
Only companies selected through competitive bidding or entities chosen by the government can apply for a license for interstate transmission of electricity. Distribution licensees and bulk consumers developing dedicated transmission lines are exempt from needing a license.
Clarification Issued on Solar Panel Requirements for Government Projects
This order establishes a list of approved solar photovoltaic modules and manufacturers for use in government and government-assisted projects. Projects where the final bid submission date was on or after April 10, 2021, must use solar modules from the approved list (List I).
Clarification Issued on Blood Center Licensing for Hospitals
CDSCO has clarified that “blood centers run by hospitals” means blood center located in the hospital premises. Applications for grant / renewal of license for blood center run by a hospital will be considered according to where such centre is located.
