Sebi found that Kalpbut Real Estate had mobilised a sum of Rs 15.65 crore as on March 31, 2013 from 2,338 investors under its various schemes
Accordingly, Sebi imposed a consolidated fine of Rs 3 lakh on Singh for both the violations -- not obtaining pre-clearance and making delayed disclosures
More cos could join Burger King, Antony Waste in giving listing another shot
On March 20, the markets regulator had imposed temporary restrictions on short-selling, increased margin requirements, and hiked penalties on violators
It's time to address the root cause of the 1992 stock market scandal - a conflict of interest in RBI's many roles
Sebi disposed of proceedings against four entities including Bharti Telecom Ltd and Sunil Bharti Mittal, in a matter related to alleged violation of insider trading norms
Earlier this week, the regulator amended AIF rules to provide that the manager may constitute an investment committee to approve investment decisions of the AIF subject to certain conditions
Net proceeds from the fresh issue are proposed to be utilised for funding the rollout of new company-owned Burger King Restaurants and for general corporate purposes
Over a dozen individuals and entities asked to cough up Rs 31 crore in penalty and disgorgement
Says cap is meant for diversification, and just because some scrip is outperforming is no reason to raise the ceiling
The move follows the decision taken by markets regulator Securities and Exchange Board of India (Sebi) to separate distribution and advisory functions in the MF industry
Sebi chief Ajay Tyagi on Wednesday said there are some positives in the story as well, and termed the recovery since March as 'broad-based'
t would be a challenging task to achieve the government''s target of having Rs 100 trillion investments in infrastructure by 2024-25 unless the bond market is adequately developed, Tyagi added
Here's a selection of Business Standard opinion pieces for the day
Industry players and legal experts have made a representation to the market regulator seeking amendments to the circular issued on October 13
The regulator can no longer be selective about the cases in which it would flex its muscle and those in which it would plead an absence of power
Sebi has directed Prabhat Dairy to despoist Rs 1,292 crore in an escrow bank account
The decision was taken based on the recommendations of the Commodity Derivatives Advisory Committee
The committee would identify segment-wise data perimeters, data needs and gaps, recommend data privacy and data access regulations applicable to market data among others.
In order to facilitate easy access to markets data and to encourage research, Sebi has set up a web page to provide curated links of publicly available data on various segments of Indian securities