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

A plane that can take off and land like a helicopter!

A plane that can take off and land like a helicopter!

Rediff.com28 Aug 2015

XTI Aircraft, a Denver, Colorado-based aerospace startup firm, launched an equity crowdfunding campaign.

Genpact to buy back shares worth $300 mn

Genpact to buy back shares worth $300 mn

Rediff.com7 Mar 2014

At the minimum price of $16.50 a share, the BPO giant would buy back at most 1.82 bn shares, or about eight per cent of its outstanding common shares as of February 28.

Narayana Murthy asks Infosys to make Panaya report public; firm says no

Narayana Murthy asks Infosys to make Panaya report public; firm says no

Rediff.com4 Aug 2017

Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.

Dr Reddy's under scanner for packaging violations

Dr Reddy's under scanner for packaging violations

Rediff.com20 Aug 2014

In addition, the CPSC asserted that the company violated the CPSA by failing to immediately advise the CPSC of the alleged violations.

Adobe to repurchase stock worth $2 billion by 2015

Adobe to repurchase stock worth $2 billion by 2015

Rediff.com8 Oct 2013

The US-based firm follows December-November fiscal year.

Microsoft to get $51 mn if Nokia shareholders reject deal

Microsoft to get $51 mn if Nokia shareholders reject deal

Rediff.com23 Sep 2013

Finnish firm Nokia, which is selling its devices and services business to Microsoft, will pay the software giant 37.9 million euros (about $51.2 million) if the handset maker's shareholders oppose the deal.

Rajat Gupta released after completing 2-year prison term

Rajat Gupta released after completing 2-year prison term

Rediff.com13 Mar 2016

He was convicted in his 2012 trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam

Morgan Stanley's 38% trim in value adds to Flipkart's woes

Morgan Stanley's 38% trim in value adds to Flipkart's woes

Rediff.com30 Nov 2016

The US-based firm has marked down the value of Flipkart for the sixth time, the latest at a time when it has been struggling to raise funds at a valuation higher than or equal to $15.2 billion.

3 Indian-Americans charged in insider trading scheme

3 Indian-Americans charged in insider trading scheme

Rediff.com14 Jun 2014

The SEC's complaint charges Khan, Chaganlal, Mendonsa, and Akbari with violating the antifraud provisions of the federal securities laws.

Rajat Gupta fined, banned in SEC case

Rajat Gupta fined, banned in SEC case

Rediff.com18 Jul 2013

The Gupta case is SEC v. Gupta, US District Court, Southern District of New York, No. 11-07566.

CBI probe in Embraer deal to continue; new blacklisting policy soon: Parrikar

CBI probe in Embraer deal to continue; new blacklisting policy soon: Parrikar

Rediff.com25 Oct 2016

Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.

10 countries that are poorer than WhatsApp

10 countries that are poorer than WhatsApp

Rediff.com22 Oct 2014

Let's look at 10 well-known nations that have GDP less than the price Facebook paid for the chat service.

Now, Hospira under US FDA's lens

Now, Hospira under US FDA's lens

Rediff.com23 Dec 2013

Formal warning to Indian unit of deficiencies noted during inspection at facility near Chennai; firm says will remedy

From Infosys to Ola: Just who is Rajiv Bansal?

From Infosys to Ola: Just who is Rajiv Bansal?

Rediff.com17 Mar 2017

Raghu Krishnan profiles the man in the eye of the storm at Infosys.

Indian fund manager asked to pay $390K to settle charges

Indian fund manager asked to pay $390K to settle charges

Rediff.com10 Dec 2014

Shah had pleaded guilty in 2012 to securities fraud in a parallel civil insider trading case case.

Roadblocks that could derail the Walmart, Flipkart deal

Roadblocks that could derail the Walmart, Flipkart deal

Rediff.com12 Jun 2018

'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'

Indian portfolio manager in US fined $500,000

Indian portfolio manager in US fined $500,000

Rediff.com25 Oct 2014

Reema Shah pleaded guilty to insider trading and cooperated with the US government for accepting insider info from a Yahoo! executive

American test awaits Tata & Co

American test awaits Tata & Co

Rediff.com8 Nov 2016

Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.

US appeals court denies Rajat Gupta's petition to rehear case

US appeals court denies Rajat Gupta's petition to rehear case

Rediff.com15 Jul 2014

A full panel of the 2nd US Circuit Court of Appeals yesterday denied Gupta's petition for 'panel rehearing, or, in the alternative, for rehearing en banc'.

Sports Shorts: Force India complete 2019 grid with Stroll

Sports Shorts: Force India complete 2019 grid with Stroll

Rediff.com30 Nov 2018

Summary of sports events and persons who made news on Friday

Satya Nadella gets $84-mn compensation in 2014

Satya Nadella gets $84-mn compensation in 2014

Rediff.com21 Oct 2014

In a filing with the US Securities and Exchange Commission on Monday, Microsoft said Nadella will get a total compensation of $84.30 million for the fiscal year ended June 2014, significantly up from the $7.66 million he received in 2013.

McKinsey's secret $5-billion fund in spotlight: Financial Times

McKinsey's secret $5-billion fund in spotlight: Financial Times

Rediff.com7 Jun 2016

The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.

H-1B workers have minimal skills: Infosys whistleblower

H-1B workers have minimal skills: Infosys whistleblower

Rediff.com18 Mar 2015

H-1B workers have minimal skills, says Infosys whistleblower

Sepp Blatter's troubles aren't over

Sepp Blatter's troubles aren't over

Rediff.com21 Jul 2015

Sepp Blatter faces months of troubles before departure.

NYSE technical issues halt exchange for more than 3 hours

NYSE technical issues halt exchange for more than 3 hours

Rediff.com9 Jul 2015

The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market

$14-mn penalty too high: Rajat Gupta tells court

$14-mn penalty too high: Rajat Gupta tells court

Rediff.com17 Jun 2014

Gupta's lawyer Seth Waxman argued his case during a hearing before a three-judge panel of the 2nd US Circuit Court of Appeals in New York on Monday.

'We consider Murthy a well wisher,not shareholder activist'

'We consider Murthy a well wisher,not shareholder activist'

Rediff.com26 Jul 2017

Over the past few months, Infosys has been battling allegations by Murthy and other former senior executives of falling corporate governance standards.

Wipro gets fresh tax demand of Rs 816 cr

Wipro gets fresh tax demand of Rs 816 cr

Rediff.com13 Jun 2013

The Bengaluru-headquartered company said the 'draft assessment order' from tax authorities for 2008-09 fiscal has arised primarily due to denial of deduction under section 10A of the Income Tax Act, 1961, in respect of profit earned by its undertaking in the Software Technology Park at Bengaluru.

PricewaterhouseCoopers functioning under SC lens

PricewaterhouseCoopers functioning under SC lens

Rediff.com6 Dec 2013

A bench headed by Chief Justice P Sathasivam said the issues raised in the plea need 'examination' and issued notice to the Centre, RBI, Central Board of Direct Taxes, the Institute of Chartered Accountants of India, PwC and the audit firms sharing its brand name.

How best to play the stock market? An investment guru explains

How best to play the stock market? An investment guru explains

Rediff.com31 Dec 2014

Mohnish Pabrai whose company handles funds to the tune of $464 mn spoke at length about his investment decisions in Mumbai

India, Turkey leads in 143.3 million false Facebook accounts

India, Turkey leads in 143.3 million false Facebook accounts

Rediff.com1 Nov 2013

An estimated 14.3 crore accounts on the popular social networking site Facebook may be false or duplicate, with a major chunk of them coming from developing markets like India and Turkey.

How hedge funds make money for HNIs

How hedge funds make money for HNIs

Rediff.com20 Oct 2017

These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.

How Sebi helped US SEC solve 'Profits Paradise' case

How Sebi helped US SEC solve 'Profits Paradise' case

Rediff.com25 Nov 2014

The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme

US firm paid bribes to win water projects in Goa, Assam

US firm paid bribes to win water projects in Goa, Assam

Rediff.com19 Jul 2015

Bribe for Goa project estimated at $976,630

Sebi beefing up search, seizure ops

Sebi beefing up search, seizure ops

Rediff.com1 Nov 2013

Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.

Golfer Mickelson embroiled in trading scandal

Golfer Mickelson embroiled in trading scandal

Rediff.com20 May 2016

Gambling debt, stock tip lead to $1 million settlement but no charges for golfer Phil Mickelson.

Infosys extends Sikka's term, raises base salary to $1 million

Infosys extends Sikka's term, raises base salary to $1 million

Rediff.com26 Feb 2016

Infosys is steadily trying to get back its lost ground under Sikka.

Google morphs into Alphabet Inc; investors cheer clarity

Google morphs into Alphabet Inc; investors cheer clarity

Rediff.com11 Aug 2015

Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.

Pakistan PM Nawaz Sharif narrowly survives Panamagate jolt

Pakistan PM Nawaz Sharif narrowly survives Panamagate jolt

Rediff.com20 Apr 2017

The Pakistani Supreme Court ordered for a joint investigation team to probe the allegations of money laundering against his family.

Proxy advisers now face real scrutiny

Proxy advisers now face real scrutiny

Rediff.com22 Jul 2014

The Securities and Exchange Board of India's (Sebi's) planned research analyst regulations will also apply to proxy advisory services which provide advice on corporate governance and issue voting recommendations to institutional shareholders regarding company resolutions.