News for '-securities-and-exchange-commission'

Sebi corp governance model evokes global interest

Sebi corp governance model evokes global interest

Rediff.com21 Jan 2003

Global market regulators are keen to have a close look at a model for assessing corporate governance, developed for the first time by Securities and Exchange Board of India.

Google settles dispute with Yahoo

Google settles dispute with Yahoo

Rediff.com10 Aug 2004

Internet search-engine giant Google has agreed to give its closest rival Yahoo 2.7 million shares of its stock to settle patent infringement and other legal claims, the companies announced on Tuesday.

Google to list on Nasdaq

Google to list on Nasdaq

Rediff.com13 Jul 2004

Facebook's COO gives $31 million in stock to charity

Facebook's COO gives $31 million in stock to charity

Rediff.com15 Jan 2016

Sandberg also plans to give to anti-poverty efforts and educational groups.

Ongoing buybacks may boost Infy's shares after April 12 results

Ongoing buybacks may boost Infy's shares after April 12 results

Rediff.com10 Apr 2019

Infosys is likely to report strong revenue growth in the fourth quarter of FY19 on the back of momentum in the big deal space.

Sify mulls converting some equity to ADS

Sify mulls converting some equity to ADS

Rediff.com3 Jun 2003

Internet services provider Sify Ltd plans to seek shareholder approval to convert 3.6 to 4.6 million shares into American Depository Shares, it said in a filing with the US Securities and Exchange Commission.

Why Cognizant is going slow in India

Why Cognizant is going slow in India

Rediff.com26 Feb 2019

Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.

Want to invest in foreign equities? Read this

Want to invest in foreign equities? Read this

Rediff.com15 Mar 2021

To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.

Google to put ads on refrigerators, car dashboards?

Google to put ads on refrigerators, car dashboards?

Rediff.com22 May 2014

According to a letter filed with the Securities and Exchange Commission in December and disclosed on Tuesday, the search giant may serve ads on a different set of 'mobile' devices, including thermostats, glasses and watches.

Pak placed on FATF's 'grey list' for financially aiding terrorism

Pak placed on FATF's 'grey list' for financially aiding terrorism

Rediff.com28 Jun 2018

The placement on to grey list could hurt Pakistan's economy as well as its international standing.

US apex court denies Rajat Gupta's appeal against lifetime ban

US apex court denies Rajat Gupta's appeal against lifetime ban

Rediff.com13 Jan 2015

The ruling by the Supreme Court was made in a parallel civil insider trading case brought against Gupta by federal regulator Securities and Exchange Commission.

Cognizant widens bribery probe

Cognizant widens bribery probe

Rediff.com4 Oct 2016

The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country

Why Vishal Sikka quit Infosys

Why Vishal Sikka quit Infosys

Rediff.com18 Aug 2017

In his blog, sikka said, "It is clear to me that despite our successes over the last three years, and the powerful seeds of innovation that we have sown, I cannot carry out my job as CEO and continue to create value, while also constantly defending against unrelenting, baseless/malicious and increasingly personal attacks."

EB-5 visas best bet for Indians: US attorney

EB-5 visas best bet for Indians: US attorney

Rediff.com27 Jun 2017

Under the EB-5 Investment Visa programme, an applicant receives a conditional green card on making a minimum investment of $5,00,000 in the United States.

US Senate confirms Indian-American Amit Mehta as a federal judge

US Senate confirms Indian-American Amit Mehta as a federal judge

Rediff.com17 Dec 2014

Indian-American Amit Priyavadan Mehta has been confirmed by the US Senate as a federal judge in the District of Columbia, becoming the first Asian Pacific American to occupy this important position.

Setback for Imran; Pakistan fares badly in terror funding report

Setback for Imran; Pakistan fares badly in terror funding report

Rediff.com7 Oct 2019

The APG released its much-awaited 228-page 'Mutual Evaluation Report' on Saturday, 10 days ahead of the key Financial Action Task Force's plenary meeting which will give its decision on Pakistan's 'grey list' status.

Why FPIs are staying away from defence IPOs

Why FPIs are staying away from defence IPOs

Rediff.com28 Mar 2018

Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms

Mallya's craft beer firm in US is in the news for all the wrong reasons

Mallya's craft beer firm in US is in the news for all the wrong reasons

Rediff.com3 Apr 2016

California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Rediff.com9 Mar 2019

The proscribed organisations will be examined under heightened security checks at all layers of legal, administrative, investigative and financial regimes, the Dawn newspaper reported.

Wipro to pay $5 mn to close US probe

Wipro to pay $5 mn to close US probe

Rediff.com24 Dec 2016

Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

Richest self-made woman in America is now the poorest!

Richest self-made woman in America is now the poorest!

Rediff.com2 Jun 2016

Elizabeth Holmes founded Theranos in 2003 and it promised ground-breaking methods that would allow quick results for a wide range of tests with just one drop of blood.

After dissolving top body, Infy to have 9 exec officers

After dissolving top body, Infy to have 9 exec officers

Rediff.com29 Mar 2014

Top decision-making body, executive council, will be dissolved on April 1.

SEC imposes huge penalty on Rajat Gupta

SEC imposes huge penalty on Rajat Gupta

Rediff.com18 Jul 2013

In its complaint filed in 2011, the SEC alleged that Gupta disclosed confidential information about Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs

Infosys ADR holders complain to Sebi

Infosys ADR holders complain to Sebi

Rediff.com22 Aug 2017

Legal experts fear such shareholder activism could turn into a class-action suit against Infosys

More investors mark down Flipkart valuation

More investors mark down Flipkart valuation

Rediff.com5 May 2016

US mutual funds Valic Co 1 and Fidelity Rutland Square Trust II, which have minority stake in Flipkart, have marked down the value of their stocks in the company

Bill Gates will not own any Microsoft stock in 4 years

Bill Gates will not own any Microsoft stock in 4 years

Rediff.com3 May 2014

Gates has sold 20 mn shares each quarter under a pre-set trading plan

Budweiser maker pays Rs 40 cr, settles India bribery charge

Budweiser maker pays Rs 40 cr, settles India bribery charge

Rediff.com29 Sep 2016

Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.

HSBC under lens for hiring candidates linked to govt officials

HSBC under lens for hiring candidates linked to govt officials

Rediff.com22 Feb 2016

Facing black money investigations in India and several other countries, global banking giant HSBC on Monday said it is also being probed in the US for hiring candidates related to government officials in Asia Pacific.

HP India approaches Customs Tribunal for early hearing

HP India approaches Customs Tribunal for early hearing

Rediff.com1 Jan 2014

HP has been charged with underpaying customs duties while importing products and spare parts.

Amazon strikes note of caution on India, China

Amazon strikes note of caution on India, China

Rediff.com30 Oct 2014

Global e-commerce company Amazon has said it sees "substantial uncertainties" in interpretation of Indian laws, which could impact its business in one of the world's fastest-growing multi-billion dollar online shopping market.

Pak to choke funding of terror groups to avoid FATF black list: Report

Pak to choke funding of terror groups to avoid FATF black list: Report

Rediff.com27 Jun 2018

Currently placed on the FATF'S 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.

Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Rediff.com24 Oct 2016

Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.

iGate Q2 net profit falls to $3.1 mn

iGate Q2 net profit falls to $3.1 mn

Rediff.com16 Jul 2014

US-based outsourcing firm iGate on Wednesday said its net profit declined 89.6 per cent to $3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.

Rajat Gupta's release date from prison is March 2016

Rajat Gupta's release date from prison is March 2016

Rediff.com16 Jul 2014

Gupta, 65, reported to the minimum security satellite camp at FMC Devens in Ayer, Massachusetts on June 17.

Infy whistleblower questions U-turn on Panaya

Infy whistleblower questions U-turn on Panaya

Rediff.com15 Apr 2018

'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.

BSE offers a platform to whistleblowers

BSE offers a platform to whistleblowers

Rediff.com29 Jan 2015

Participants can provide anonymous feedback on market manipulation.