Tag: SEBI
Now SEBI Nails Raj Kundra And Shilpa Shetty, Imposes Rs 3 Lakh-fine For Flouting Insider Trading Norms
Bad news continues unabated for embattled Raj Kundra and his actress wife Shilpa Shetty. Market regulator SEBI imposed a penalty of Rs 3 lakh on the couple and their company Viaan Industries for contravening insider trading rules. ....
5 General Insurers To Be Listed, Government Stake To Fall To 75%
In a major decision on divesting stake in state-run general insurance companies, the cabinet on Wednesday approved the public listing of 5 firms by which the government's shareholding in them would be brought down to 75 per cent.....
Manmohan, Chidambaram Deny Favouring Mallya
Former Prime Minister Manmohan Singh and former Finance Minister P. Chidambaram on Monday rejected the BJP's allegation that they had favoured industrialist Vijay Mallya in getting loans.....
Rahul Takes Dig At Modi Over Corruption, Congress Demands Rupani's Removal
Congress Vice President Rahul Gandhi on Thursday took a dig at Prime Minister Narendra Modi over a report that SEBI had imposed penalties on several entities, including Gujarat Chief Minister Vijay Rupani's family, for "manipulative trade", while the party has demanded that Rupani must resign.....
CBI Books Delhi Firm, Its Directors For Rs 10,000 Crore Fraud
The Central Bureau of Investigation (CBI) has registered a case against a Delhi-based chit fund company and its directors for cheating lakhs of investors to the tune of Rs 10,000 crore by promising to double their investment in a year.....
Relief For NDTV: SC Asks SAT To Hear Appeal Without Fine Deposit
In a relief to NDTV promoters Prannoy Roy and Radhika Roy, the Supreme Court on Monday directed Securities Appellate Tribunal (SAT) to hear their appeals against the orders of market regulator SEBI without the pre-condition of depositing half of the fine. ....
HDFC To Issue NCDs, Hopes To Raise Rs 35,000 Crore
Housing finance major HDFC on Monday said it will raise Rs 35,000 crore through secured redeemable non-convertible debentures (NCDs). ....
Bengal Finance Firm Director Arrested For Cheating Investors
The newly-formed Directorate of Economic Offences of the West Bengal government on Friday arrested the director of private financial company Equinox Infratech Ltd for defrauding its depositors by not giving assured returns....
Franklin Templeton Apologises To SEBI, Says CEO Quoted Out Of Context
Franklin Templeton Mutual Fund on Friday issued an unconditional apology to SEBI for its President and CEO Jenny Johnson's recent statement where she indicated that the Indian market's regulator sudden change in guidelines were responsible for the shutting down of six fund mutual fund schemes.....
SEBI Slaps Rs 1 Crore Fine On Rana Kapoor For Violating Disclosure Norms
The Securities and Exchange Board of India on Friday imposed a fine of Rs 1 crore on former Yes Bank MD and CEO Rana Kapoor for violation of disclosure regulations regarding a transaction of Morgan Credits Pvt Ltd, an unlisted promoter entity of Yes Bank. ....
