The short seller alleges 'surreptitious aid' to Adani Group by Sebi
For founders, 'listing had become a no-exit' endeavor but with this framework 'both entry and exit will be possible and realistic', said Makarand Joshi, an industry expert
Jio Financial, Zomato, and Trent could replace LTIMindtree and Divi's Laboratories
This week we write about mid-year financial checklist, selecting funds to drop, and the yoga gear you must have
Sebi chairperson Madhabi Puri Buch said as India's market matures, it is imperative to allow companies to go private if they wish to do so
The investigation of Bhasin follows Sebi's earlier orders on several market experts who gave stock recommendations on television
Says they have withdrawn a net Rs 1,398 crore in last few days
A delegation of Trinamool Congress MPs met officials of the Securities and Exchange Board of India (SEBI) here on Tuesday and demanded a probe into the alleged stock market manipulation following exit polls earlier this month. The delegation, comprising TMC MPs Kalyan Banerjee, Sagarika Ghose and Saket Gokhale, was joined by Shiv Sena (UBT) MP Arvind Sawant and former NCP (SP) MLC Vidya Chavan. Notably, Congress MP Rahul Gandhi had alleged that Prime Minister Narendra Modi and Union Home Minister Amit Shah were "directly involved" in what he described as the "biggest stock market scam" with retail investors losing Rs 30 lakh crore due to the market crashing after the Lok Sabha poll result earlier this month. The BJP has dismissed his charges as "baseless". West Bengal Chief Minister and Trinamool Congress (TMC) head Mamata Banerjee has demanded an investigation into how stock markets were "manipulated by using fake exit polls". After the meeting, Kalyan Banerjee told reporters, SE
Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others
Capital markets regulator Sebi has lined up 19 properties of KBCL India Ltd for auction on July 16 to recover money illegally collected from investors. The move is part of Sebi's effort to recover investors' money. The regulator has initiated the process for the sale of assets after KBCL India Ltd, its directors Rakesh Kumar, Vishvnath Pratap Singh and Shashi Kant Mishra failed to refund the investors' money. The properties include land parcels and a plot in Uttar Pradesh and they will be auctioned at a reserve price of Rs 3.54 crore, according to a notice issued by the Securities and Exchange Board of India (Sebi) on Wednesday. Quikr Realty has been engaged by Sebi to assist it in the sale of properties, while C1 India has been appointed as the e-auction service provider. As per the notice, the regulator said bidders should make their own independent enquiries regarding the encumbrances, litigations, attachments and acquisition of liabilities of the property put on auction, prior
PTC India Financial Services is a subsidiary of PTC, which holds around 65 per cent in the non-banking financial firm
Sebi had set June 30 as the deadline but drops the requirement for existing investors to ensure compliance
Markets regulator Sebi on Monday said it has lined up 22 properties of seven companies -- including Pailan Group, Vibgyor Group and GBC Industrial Corp group -- for auction on July 10 to recover money illegally collected from investors. Other firms, whose properties will also be auctioned, are Tower Infotech Group, Waris Group, Teachers' Welfare Credit and Holding Group, and Annex Infrastructure India Ltd. The regulator has initiated the process for the sale of assets of the companies as per orders by the Calcutta High Court. Justice Sailendra Prasad Talukdar has been appointed as the one-man committee for liquidating the assets of the firms and repaying the investors. The move is part of Sebi's effort to recover investors' money. The properties include plots and a flat in West Bengal and they will be auctioned at a reserve price of Rs 45.47 crore, according to a notice issued by the Securities and Exchange Board of India (Sebi). Adroit Technical Services Ltd has been engaged by t
The application, filed by Advocate Vishal Tiwari, also asked the court to direct Sebi to submit the investigation report of allegations made against the Adani group by US-based Hindenburg Research
Sebi has asked KYC registration agencies to upload KYC details of all capital market investors from August 1
Under the new framework effective July 1, Sebi will impose penalties in case of surveillance-related lapses on stock exchanges, clearing corporations, and depositories
ICICI Securities, a subsidiary of ICICI Bank, had secured a shareholder nod in March for the delisting
Our top stop stories this week tell you about the pros and cons of government securities and what investors must know about compounding
Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business. Under the rule, the broker is required to apply to the respective stock exchange for a formal permission to provide internet-based trading service. Further, the stock exchange, which was required to communicate its decision to the member within 30 calendar days, will now have to do so within 7 days, the Securities and Exchange Board of India (Sebi) said in its circular. The internet trading can take place through order routing systems, which will route client orders to exchange trading systems for execution. Thus a client sitting in any part of the country can trade using the internet as a medium through brokers' internet trading systems. Additionally, the regulator has abolished the existing requirement of periodic confirmation
Fund houses are becoming assertive in general and the trend could be helping corporate governance