Hyundai Motor reports 2% rise in Q1 operating profit
Synopsis Hyundai Motor's first-quarter operating profit increased by 2%, aligning with analysts' expectations. The rise was driven by accelerated customer purchases in anticipation of U.S. tariffs and a favorable exchange rate due to a weak South Korean won. The company reported an operating profit of 3.6 trillion won for the period. Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first?
Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more
SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders
API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading
Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains
Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains
The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights
How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights Aspero's Irfan Mohammed on why India's bond market is ready for its 'equity moment'
Aspero's Irfan Mohammed on why India's bond market is ready for its 'equity moment' 'Voler is debt-free and profitable; Investors' money is our responsibility': Vikas Parasrampuria on recent listing, plans & more
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India.com
a minute ago
- India.com
Big update for share market investors! Sebi hints regulated platform for…, plans to raise tenure of…
Stock Market Markets regulator Sebi chairperson Tuhin Kanta Pandey on Thursday proposed the creation of a regulated platform for pre-IPO share trading to replace the largely unregulated grey market. The proposed framework would allow investors to buy and sell shares during the three-day gap between IPO allotment and listing within a formal, transparent environment and thereby curb the risks associated with grey market dealings. SEBI Plans To Raise Tenure Of Equity Derivatives Pandey also indicated that Sebi is exploring steps to extend the tenure and maturity of equity derivatives products in a phased manner. The move is expected to discourage excessive speculative trading in these instruments, where 91% of individual traders suffered losses in FY25. Speaking at the FICCI Capital Market Conference 2025, Sebi chief said pre-listing information is often not enough for investors to make an investment decision. Add as a Preferred Source In a bid to further deepen the capital market and protect investors, he hinted at 'an initiative, on a pilot basis – for a regulated venue where pre-IPO companies can choose to trade, subject to certain disclosures'. On equity derivatives, Sebi is seeking ways to deepen cash equity markets, while enhancing the quality of derivatives through longer-tenure products. Also Read: No more dependency on foreign investors! Indian stock market becoming independent with…, not SBI or HDFC Sec SEBI On Platform For Pre-IPOs Currently, there is a gap of at least three trading days when the IPO closes for subscription and opens for trading, and during this period trading in the grey market happens. In the unlisted space, which largely remains unregulated, is getting a lot of traction among investors despite carrying significant risk for a lot of investors. The remarks come at a time when the Indian IPO market has become very active with the listing of 48 main-board companies so far in 2025. When asked whether there is any discussion with depositories on the pre-IPO trading platform, he said, 'This is only in-principle with what I'm stating'. Story Highlights SEBI chief on platform for Pre-IPOs SEBI to raise tenure of equity derivatives SEBI on regulated platform for Pre-IPOs SEBI on tenure for equity derivatives Pandey said challenges that could confront the regulator range from unnecessary processes, pain points that cause avoidable friction in fundraising, disclosures, and investor onboarding, emerging areas, products and asset classes for creating both demand and supply of capital. (With Inputs From PTI)
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Business Standard
24 minutes ago
- Business Standard
Sebi plans longer-tenor derivative products: Chairman Tuhin Kanta Pandey
The Securities and Exchange Board of India (Sebi) plans to pivot towards longer-tenor derivatives products to ensure they serve their intended purpose of hedging, said chairman Tuhin Kanta Pandey on Thursday. He called for greater 'quality and balance' in the derivatives market, where trading volumes are disproportionately higher than the underlying cash segment. Pandey also signalled the possibility of a pilot platform for pre-IPO companies. Speaking at the 22nd edition of Ficci's Annual Capital Markets Conference (Capam), the Sebi chairman said: 'We have often stated that equity derivatives play a crucial role in capital formation, but we must ensure quality and balance. We will consult with stakeholders on ways to improve, in a calibrated manner, the tenor and maturity profile of derivative products, so that they better serve hedging and long-term investing.' His remarks come against the backdrop of mounting losses for individual investors in derivatives trading and allegations of manipulation by global high-frequency trading firms. Pandey's comments sparked speculation that Sebi may soon discontinue weekly derivatives contracts, triggering a decline of 7.7 per cent in BSE shares. Short-term contracts account for the bulk of exchange volumes. Pandey, however, ruled out such a step in the near term. At the same event, Sebi Whole-Time Member Ananth Narayan G said: 'We are considering ways to improve the tenor and maturity profile of derivative products, so that they better support sustained capital formation and foster all-round trust in the ecosystem. This may also need to be achieved in a calibrated manner, giving the system adequate time to adjust.' Pandey also stressed the need to deepen the cash equities market, where daily traded volumes have doubled in the past three years, though 'much more needs to be done'. He further hinted at a pilot project for pre-IPO companies. 'In a booming IPO market, investors are eagerly anticipating what is next, yet pre-listing information is not enough for investors to make an investment decision. Can we think of an initiative, on a pilot basis, for a regulated venue where pre-IPO companies can choose to trade, subject to certain disclosures?' he asked. A government official present at the conference said the Ministry of Corporate Affairs (MCA) had received details of such a proposal from Sebi. The move is expected to bring trading in unlisted markets under a formal mechanism, enabling tax collection on such transactions. The project involves unlisted companies that come under the MCA. A similar mechanism had been flagged by Pandey's predecessor in January as a way to curb grey market activity. Pandey also invited suggestions on facilitating fundraising, disclosures, and investor onboarding. He asked the industry to identify emerging products and asset classes that could boost demand and supply of capital. In his address, the Sebi chairman highlighted the need for addressing the growing role of artificial intelligence (AI) in customer engagement, risk assessment and fraud detection 'We have to think of AI as an assist, not a substitute for judgment,' he said. Pandey also called for faster rumour verification and clearer communication with investors.
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Business Standard
24 minutes ago
- Business Standard
Sebi acts against 'top finfluencer' doling out stock bets as education
The Securities and Exchange Board of India (Sebi) has conducted a search operation on a renowned financial influencer in its enforcement action against those doling out stock recommendations and advice without the required registration. Sebi Whole-Time Member Kamlesh Varshney said that the regulator carried out a search on Wednesday in Mumbai. 'We have carried out a big search operation on a big name in this industry. I must give credit to my team who has been working on all these things. I can't comment much further until we examine the evidence that has been collected,' he said. Top financial influencers have been on Sebi's radar for giving stock recommendations under the garb of investor education. In the past, the regulator has issued strictures against individuals indulging in such activity. Such enforcement action is the need of the hour to provide confidence that Sebi is keeping a watch, the official said. 'The enforcement action must be directed at big people, where one can show impact. The idea is to create fear in the market that there is a regulator which is watching you,' he said. While Varshney acknowledged that there are some 'good people' focusing on investor education, there are also players who are misguiding youth in the name of education by giving investment calls and guaranteeing returns in classrooms. Market regulations mandate that research analysts and investment advisors who give any kind of recommendation on investments or trades have to be registered. Earlier, Sebi had taken measures to remove social media content and misleading links pertaining to stock recommendations given by those without registrations. The regulator is also working on automation of several checks through new tools to identify any possible violation in the market. 'We have live data. We can put technology on it and catch a whole lot of violations,' Varshney said at FICCI's Annual Capital Markets Conference. Fast-track IPO clearance Sebi has crunched the timeline to enable faster IPO clearances, doling out highest approvals in July. It received 31 IPO applications during the month, of which 21 were processed. Sebi may process another 35 to 40 applications in August, he said. 'We saw that the number of applications are suddenly rising, so we increased our processing capacity to 15 per month in the first three months of this year. And we found even that was not good enough,' he said. Last year, around 13 IPO applications were processed every month, of an average of 16 applications received by Sebi. Varshney said that many companies that have obtained Sebi approvals are waiting for the right time to enter the market. He emphasised that the regulator does not want a backlog of more than two to three months, unless there is some violation or complication. The Sebi WTM also said it is considering regulating the grey market, which can help in better price discovery, investor interest and tax collection.
