In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks"
As per the draft papers, the company will not receive any proceeds and all the funds will go to the selling shareholders as the issue is completely an OFS.
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Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned
Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities
The companies signed a second joint venture in April to set up a wealth management and broking business in the country
The settlement clears a hurdle in the initial public listing of the country's largest stock exchange, for which it had first applied in 2016
Also, the Securities and Exchange Board of India (Sebi) had received representations to extend the relaxation
Shares of other listed brokerages fell as investors digested the impact of the stricter trading rules
The current trading lot for secondary market trading for privately placed InvITs is set at Rs 1 crore
The new rules followed a spurt in retail investors trading options, which the regulator and the government viewed as a risk to household finances
A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution.
GIFT Nifty signals a gap-down opening for benchmark indices Sensex and Nifty50 on Thursday, hinting a weak start for the markets.
The steps are intended to raise the entry barrier for retail investors, whose losses have been mounting, as per a recent study by the watchdog
The new asset class will fill the void between mutual funds and PMS, providing investors with a viable option for investments between Rs. 10 lakh and Rs. 50 lakh.
Here is the best of Business Standard's opinion pieces for today
The regulator has warned Venugopal Dhoot of arrest and attachment of his bank accounts and assets as well as other entities if they fail to make the payment within 15 days
Aditya Birla Sun Life ends trading day 4.4% higher
The regulator has been under pressure with accusations of a toxic work culture and allegations of conflict of interest against the chairperson
Angel One has revised upwards its charges, while Zerodha has maintained the status quo on rates for now