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.....
Hindenburg Research: SEBI Chief Rebuts Hindenburg Charges, Calls It ‘character Assassination Attempt’
Hindenburg Research: The Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and her husband Dhaval Buch have strongly denied the allegation levelled by Hindenburg Research against them, calling it a “character assassination attempt” because an Enforcement action and show cause notice was issued to the Nate Anderson-led company last month. ....
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. ....
Hindenburg Research: Latest Hindenburg Allegations ‘malicious’ And No More Than Red Herrings: Adani Group
The Adani Group on Sunday vehemently rejected the latest allegations by Hindenburg Research as “malicious, mischievous and manipulative selections of publicly available information" to arrive at "pre-determined conclusions for personal profiteering with wanton disregard for facts and the law”. ....
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....
