Sebi can track traders by fingerprints
Mumbai: The Securities and Exchange Board of India is understood to be working on a system that enables fingerprint identification of all participants in the securities market to help trace the origin of irregularities arising in stock trading.

Sources in the know believe that Sebi may make fingerprint identification mandatory for all market participants. The fingerprints will be verified through the participants' use of computers or trading terminals.
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Sebi clamps down on single-investor schemes
Mumbai: The Securities and Exchange Board of India may ask the mutual fund industry to categorise funds where a substantial portion of the corpus is held by a single investor as a portfolio management scheme.
According to industry estimates, around 176 mutual fund schemes are virtually running as a PMS.
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News Corp arms get Sebi waiver for Hughes Soft open offer
Mumbai: The subsidiary companies of News Corporation Ltd have been granted exemption by the Securities and Exchange Board of India (SEBI) from making an open offer for shares of Hughes Software Systems Ltd, following the News Corp group's proposed acquisition of 34 per cent shareholding in Hughes Electronics Corporation in a global transaction.
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