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Sebi Bars DLF, 6 Top Executives From Capital Markets for 3 Years
In a major blow to DLF Ltd, the Securities and Exchange Board of India (Sebi) has barred the realty major as well as its six top executives including chairman and main promoter K P Singh from the capital market for 3 years for "active and deliberate suppression" of material information at the time of its IPO in 2007.
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DLF Shares Sink on Sebi's Ban on Fund Raising
DLF was the top loser in the 50-share Nifty. The stock is part of the derivatives segment, so there is no cap on how much it can fall in a single trading session. Other realty stocks also fell tracking sharp losses in DLF. The BSE's realty sub-index 6 per cent lower as compared to flat trade in broader markets today.
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Banned: Property Tycoon KP Singh, Who Built India's First 'Smart' City
Called a visionary developer, Mr Singh has been among the most influential names in the country of recent decades as the man who built "boom city" Gurgaon and fostered the outsourcing industry - with a little help, he says, from ex-General Electric boss Jack Welch.
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DLF's KP Singh Finds Love At The Age Of 91: ''She Keeps Me on My Toes''
DLF's chairman emeritus Kushal Pal Singh said that for a company to work, it is important to be positive and active.
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Banned: Property Tycoon KP Singh, Who Built India's First 'Smart' City
Called a visionary developer, Mr Singh has been among the most influential names in the country of recent decades as the man who built "boom city" Gurgaon and fostered the outsourcing industry - with a little help, he says, from ex-General Electric boss Jack Welch.
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DLF Shares Sink on Sebi's Ban on Fund Raising
DLF was the top loser in the 50-share Nifty. The stock is part of the derivatives segment, so there is no cap on how much it can fall in a single trading session. Other realty stocks also fell tracking sharp losses in DLF. The BSE's realty sub-index 6 per cent lower as compared to flat trade in broader markets today.
-
Sebi Bars DLF, 6 Top Executives From Capital Markets for 3 Years
In a major blow to DLF Ltd, the Securities and Exchange Board of India (Sebi) has barred the realty major as well as its six top executives including chairman and main promoter K P Singh from the capital market for 3 years for "active and deliberate suppression" of material information at the time of its IPO in 2007.
-
DLF Shares Sink on Sebi's Ban on Fund Raising
DLF was the top loser in the 50-share Nifty. The stock is part of the derivatives segment, so there is no cap on how much it can fall in a single trading session. Other realty stocks also fell tracking sharp losses in DLF. The BSE's realty sub-index 6 per cent lower as compared to flat trade in broader markets today.
-
Banned: Property Tycoon KP Singh, Who Built India's First 'Smart' City
Called a visionary developer, Mr Singh has been among the most influential names in the country of recent decades as the man who built "boom city" Gurgaon and fostered the outsourcing industry - with a little help, he says, from ex-General Electric boss Jack Welch.
-
DLF's KP Singh Finds Love At The Age Of 91: ''She Keeps Me on My Toes''
DLF's chairman emeritus Kushal Pal Singh said that for a company to work, it is important to be positive and active.
-
Banned: Property Tycoon KP Singh, Who Built India's First 'Smart' City
Called a visionary developer, Mr Singh has been among the most influential names in the country of recent decades as the man who built "boom city" Gurgaon and fostered the outsourcing industry - with a little help, he says, from ex-General Electric boss Jack Welch.
-
DLF Shares Sink on Sebi's Ban on Fund Raising
DLF was the top loser in the 50-share Nifty. The stock is part of the derivatives segment, so there is no cap on how much it can fall in a single trading session. Other realty stocks also fell tracking sharp losses in DLF. The BSE's realty sub-index 6 per cent lower as compared to flat trade in broader markets today.
