In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
Residents in Ghaziabad are in shock after three sisters committed suicide, with preliminary investigations suggesting online gaming addiction as a contributing factor. The incident has sparked concerns about the impact of prolonged screen time and social isolation on young people's mental health.
The Indian Premier League (IPL) 2026 auction saw some foreign names earning big bucks, headlined by Aussie all-rounder Cameron Green
Karnataka, Maharashtra register innings wins to go 1-2 in Group B of Ranji Tropphy.
Unexpected rains across North India have devastated the Ravana effigy market, leaving artisans facing significant financial losses as their creations are damaged beyond repair. They appeal for government assistance.
A round-up of Ranji Trophy matches played on Monday.
Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala Sitharaman, as per reports, recently said the government is examining if Sebi has taken "necessary punitive" action in the case. In a media interview, the FM had said the government was analysing if there had been "enough application of mind in dealing with this" and if after applying its mind, Sebi took adequate corrective steps.
The Supreme Court on Tuesday granted three months interim bail to Jitendra Narayan Singh Tyagi in connection with the Haridwar Dharma Sansad case involving alleged inflammatory speeches made against Muslims.
The six constituencies of northeast Delhi affected by the 2020 riots saw a close contest between the BJP and AAP, with both parties winning three seats each. AAP's Chaudhary Zubair Ahmad won Seelampur by a margin of 42,477 votes, defeating BJP's Anil Kumar Sharma. AAP also won Babarpur and Gokalpur, while the BJP won Mustafabad, Karawal Nagar and Ghonda.
The finance ministry has put out an advertisement seeking applications from eligible candidates for the post and gave just two weeks against the usual practice of three months. Further, the tenure of the watchdog is again being extended to five years.
The government on Monday appointed former Sebi member Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India.
Saurashtra all but ensured Delhi's exit from Ranji Trophy with a 10-wicket victory inside two days in Group D, in Rajkot, on Friday.
A Congress worker died during a protest near the Uttar Pradesh Assembly in Lucknow, India, on Wednesday. The Congress party alleged the worker, Prabhat Pandey, died due to "police brutality," while police said he was brought to the hospital unconscious and had no visible injury marks. An investigation is underway, and a post-mortem is to be conducted by a panel of doctors.
Jharkhand, however, could not make the knockouts from the group as Gujarat topped it with Haryana being the second team to progress. Jharkhand finished third.
The board also approved a proposal to tighten the rules for participatory notes through imposition of a regulatory fee on issuers of such instruments.
Pakistani cricketers whose photographs have been removed from the PCA include that of present Prime Minister Imran Khan.
A first information report (FIR) was filed in Ghaziabad on Monday against Alt-News co-founder Mohammad Zubair for allegedly promoting enmity among religious groups and other offences following a complaint by an aide of controversial priest Yati Narsinghanand, according to police.
Most market analysts are expecting the momentum to shift towards 'quality' and 'growth' stocks in 2024 after the outperformance of 'value' stocks over the past three years. 'Value' stocks are generally well-established companies with steady profits that are trading at a discount to what they are intrinsically worth. Companies in sectors such as commodities, industrials, commercial vehicles and public sector units (PSUs) fall in this bracket.
Sebi chief Ajay Tyagi on Wednesday said many companies are lacking on the disclosure front and asked such firms not to treat it as a check box exercise. Sebi rules primarily require listed firms to have two sets of disclosures - periodic disclosures where formats have been prescribed by the regulator; and disclosures of material events where certain events have been deemed as material and must be disclosed, and the others to be disclosed if considered by the company and its board to be material.
'He is positive and likes to get work done,' is how a retired bureaucrat described him. 'I assume he will push the reform agenda with strength.'
This is aimed at improving liquidity in all schemes and would help them to meet sudden redemption pressures, said Sebi chairman Ajay Tyagi.
Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Thursday defended the recent reforms announced by the regulator, such as peak margin norms and shortening of the trade settlement cycle, saying they were in the interest of investors. The moves were criticised by the broking community and the foreign portfolio investors (FPIs). Speaking to the media after his inaugural address at the CII Financial Markets Summit, Tyagi said: "The new peak margin norms are in everyone's interest.
In a statement issued in Lucknow, the UP government said, 'Chief Minister Yogi Adityanath has directed that the National Security Act be slapped against the accused persons. He also directed that loss of public money during the construction work be recovered from the contractor and engineers.'
'IPOs not clicking is cause for worry,' says Sebi chairman.
Fortis Healthcare has also come under the lens of Sebi, which launched an investigation into alleged regulatory lapses
RBI had a board meeting recently.
The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs.
Growth-oriented technology companies have raised Rs 15,000 crore through initial share sales in the last 18 months and IPOs worth around Rs 30,000 crore by such firms are in the pipeline, Sebi chairman Ajay Tyagi said on Thursday. "Growing number of unicorns in the startup ecosystem is a testimony of the new age tech companies coming of age in our economy. These companies often follow a unique business model focusing more on rapid growth than immediate profitability," Tyagi said at an event organised by industry body CII. During the last 18 months, growth-oriented technology companies have raised a sum of around Rs 15,000 crore through IPOs (Initial Public Offerings).
Ahead of the 2023-24 Union Budget, the thinking at the top level of the central government is clear: Gross domestic product (GDP) growth of 6-6.5 per cent is a comfortable enough target for FY24 and the focus should be on fiscal consolidation to ensure that the sovereign cost of borrowing does not become prohibitively expensive in a high-interest rate environment, according to people in the know. Those aware of deliberations between the Prime Minister's Office (PMO) and the Ministry of Finance said while the Budget would look to strike a balance between infrastructure investment and welfare schemes, it is unlikely to be populist, though it will be the last full-year Budget before the 2024 Lok Sabha election. Incidentally, 6-6.5 per cent GDP growth is what the upcoming 2022-23 Economic Survey is expected to project for FY24.
A December 28 board meeting of the Securities and Exchange Board of India (Sebi) may tighten norms for initial public offerings (IPOs). The board may look to prescribe a minimum 5 per cent gap in IPO price bands, extend the lock-in period for anchor investors to 90 days and cap the amount a majority investor can sell through offer for sale. The regulator is looking at whether there can be a preferred allocation for anchor investors who opt for a longer lock-in period, said a person familiar with the matter.
Despite being hit by the absence of key bowlers due to injuries as well as international commitments, Chennai Super Kings will still like to display their on-field ruthlessness while taking on wooden spooners Gujarat Titans in a 12th round IPL encounter in Ahmedabad on Friday.
A round-up of the Ranji Trophy matches played on Saturday.
'Investors need to have a fairly diversified basket of funds within equities.' 'We want them to allocate to largecap funds, midcap funds and flexicap schemes.'
Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.
'They have helped stabilise our market by acting as a counterbalance to foreign funds.'
Sebi's change of rules will give the government -- which owns 100 per cent of LIC -- the flexibility to assess market demand and opt for lower dilution.
After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
The Supreme Court on Thursday expressed concern over the holding of events like Dharam Sansad at various places, which allegedly is disturbing communal harmony.