Sebi

Sebi Gets Applications For Rs 81 Crore Against Rs 22,000 Crore Deposited By Sahara

Business | Indo-Asian News Service | Wednesday February 12, 2020

The case relates to OFCDs issued by two companies of Sahara group in 2008 after taking approval from the Ministry of Corporate Affairs.

Anand Mahindra's Term Extended As Mahindra & Mahindra Executive Chairman

Business | Indo-Asian News Service | Saturday February 8, 2020

The decision was made after market regulator Sebi extended its deadline for companies to split the posts of Chairman and Managing Director by two years till April 2022.

Sebi Examining Legal Aspects Of National Stock Exchange IPO: Ajay Tyagi

Business | Press Trust of India | Tuesday February 4, 2020

The comments come within a month of NSE chief executive Vikram Limaye having said that the stock exchange intends to launch its initial public offering (IPO) by September.

SEBI to Use Artificial Intelligence, Big Data Analytics to Curb Market Manipulation

ANI | Friday January 24, 2020

Stock market regulator Securities and Exchange Board of India (SEBI) is in the process of creating a data lake project to augment its analytical capability and surveillance specifically aimed at social media, Chairman Ajay Tyagi said on Thursday.

SEBI Absolves Former NSE Boss And 8 Others In Co-Location Case

Business | Indo-Asian News Service | Thursday January 16, 2020

Last year, the regulator asked the NSE to cough up Rs 1,000 crore, including 12 per cent interest, for its alleged culpability in the case.

IL&FS Crisis: Sebi Fines ICRA, CARE Over Debt Ratings

Business | Reuters | Friday December 27, 2019

The country's credit rating agencies have come under pressure from authorities and investors over their failure to proactively flag financial problems at IL&FS, one of the country's biggest non-banking financial companies (NBFCs) until a subsidiary started defaulting on some of its debt last year.

SEBI Slaps Rs 25 Lakh Fines On ICRA, CARE In IL&FS Scam

Business | Indo-Asian News Service | Thursday December 26, 2019

Both ICRA and CARE were given 45 days each to pay the total amount of penalty for their failure to exercise due diligence.

Anand Mahindra To Step Down As Mahindra & Mahindra Executive Chairman From April 1

Business | Edited by Sandeep Singh | Friday December 20, 2019

The change in the company's top management was in tandem with market regulator Sebis guidelines, Mahindra & Mahindra said.

Sebi Notice To PC Jeweller Managing Director Over Insider Trading

Business | Indo-Asian News Service | Wednesday December 18, 2019

"In light of the alleged violations by Balram Garg, this order shall be treated as a notice calling upon him to show cause as to why direction shall not be passed against him to restrain him from accessing the securities market and prohibiting him from buying, selling or otherwise dealing in securities for an appropriate period," the Sebi order sai...

Centre To Set Up Panels To Sort Out Startups Issues: DPIIT Secretary

Business | IANS | Saturday December 7, 2019

"The apex committe will be chaired by the Commerce and Industry minister. I will chair one committee. We will soon call a meeting on inter-ministerial discussion with department of revenue, department of financial services, corporate affairs ministry, health ministry, CBDT, CBIC, regulatory bodies like Sebi, RBI to examine the issues raised by the ...

Sebi Bars Brokerage Karvy Over Alleged Misuse Of Client Funds, Investors Fret

Business | Reuters | Tuesday November 26, 2019

Sebi barred Karvy on Friday after a preliminary investigation by the National Stock Exchange (NSE) showed the brokerage pledged and sold some of its client securities to raise funds for its own use, without client authorisation and in violation of new rules.

Muthoot Finance To Acquire IDBI Mutual Fund For Rs 215 Crore

Business | ANI | Friday November 22, 2019

The deal is subject to receipt of approval from regulators including the Securities and Exchange Board of India (SEBI).

Market Regulator Sebi Tightens Disclosure Norms For Loan Defaults

Business | Press Trust of India | Wednesday November 20, 2019

In case of default in repayment of principle or interest on loans beyond 30 days, listed companies will have to disclose "fact of such a default" within 24 hours

Supreme Court Stays Order Holding That Sebi Lacks Power To Bar Auditors

Business | Press Trust of India | Monday November 18, 2019

The SAT, in its order which set aside the ban on audit firm Price Waterhouse (PwC), had noted that Sebi does not have the power to bar auditors.

Sebi Challenges Tribunal's Order On Price Waterhouse

Business | Indo-Asian News Service | Wednesday October 23, 2019

In its order, SAT has said that SEBI as a regulator has no "authority under SEBI laws and regulations" to look into the quality of audit services performed by the auditors.