New Delhi: In what finally appears to be a crackdown against Zee, consequent to the enforcement of securities by two lenders on Friday, Member SEBI Madhabi Puri Buch has finally summoned the four CEOs of Birla MF, ICICI MF, HDFC MF and RELIANCE MF and the CEO of ratings agency[Read More…]
Tag: SEBI
Sun Pharma stocks plunge on revelation of whistleblower’s complaint
Mumbai: The stock of pharmaceutical major Sun Pharma ended up as the top loser on the BSE Sensex on Friday following reports of a complaint by a whistleblower to the Securities and Exchange Board of India (Sebi) against the company, raising issues of corporate governance. The company scrip tanked over[Read More…]
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…]
Investments by foreign entities with common owner to be seen as single FPI entry: SEBI
Mumbai: Securities markets regulator Sebi on Tuesday said that investments made by two or more foreign entities with a “a common beneficial” owner will be treated as a single FPI entry. The regulator said this in a circular “clarification on clubbing of investment limits of foreign government or foreign government related[Read More…]
No code of conduct for institutional investors in India: SEBI
The Indian capital market regulator– the Securities and Exchange Board of India on Friday, expressed deep concern over the standard of corporate governance. It said that in India there is “no code of conduct” for institutional investors. “Is the system of corporate governance in the country working satisfactorily…The majority would[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…]
Exclusive: If oil prices go up, big risk for India: SEBI member
Maintaining a healthy fiscal deficit will be paramount for the Indian economy, SEBI whole-time member G Mahalingam said exclusively to Newsd on Tuesday. Fiscal deficit is the gap between a country’s total revenue and total expenditure. While speaking to Group Editor of Newsd, Shutapa Paul, Mahalingam professed concern over rising[Read More…]
Sebi may allow institution to trade commodity futures
Jaitley to address RBI, Sebi boards on Feb 11
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…]