Reliance Communications settles case

Reliance Communications settles case, pays Rs 62.4 lakh to SEBI

The Securities and Exchange Board of India on Friday said Reliance Communications (RCOM) has settled its case with the regulator by paying Rs 62.40 lakh over alleged non-cooperation with credit rating agencies and debenture trustee. “Reliance Communications Limited filed a suo moto application in terms of the SEBI (Settlement of[Read More…]


SEBI court disallows non-bailable warrant on Subrata Roy

On Friday, a special Securities and Exchange Board of India (SEBI) court disallowed a non-bailable warrant issued against Sahara chief Subrata Roy as he appeared before the court. The warrant was also crushed on conditions that Roy will appear in all hearings from now. The court also asked him to[Read More…]

CBI arrests FTIL promoter Jignesh Shah

The Central Bureau of Investigation (CBI) has arrested Jignesh Shah, promoter of Financial Technologies India Ltd (FTIL) and MCX Stock Exchange, now known as Metropolitan Stock Exchange of India Ltd (MSEI) in a case of alleged cheating. The CBI conducted searches at nine places in Mumbai, including the residence and offices[Read More…]

Latest Update