The Securities and Exchange Board of India (Sebi) has, in principle, agreed to the proposed settlement of the long-pending colocation and dark fibre cases filed by the National Stock Exchange (NSE), Sebi chairman Tuhin Kanta Pandey said on Wednesday.
The Securities Appellate Tribunal (SAT) on Thursday quashed the markets regulator Sebi's order imposing a fine of Rs 7 crore on the National Stock Exchange (NSE) in the dark-fibre case. Additionally, the tribunal has set aside a fine of Rs 5 crore levied by Sebi on the exchange's former official Anand Subramanian. Further, it has partly set aside the regulator's order against former MD and CEO of NSE Chitra Ramkrishna, ex-official Ravi Varanasi and a few stock brokers, among others.
Capital markets regulator Sebi has imposed a penalty of Rs 10 lakh on Jayant Bhusare, who was one of the executive of Sampark Infotainment, in a case pertaining to the irregularities in the NSE's 'Dark Fibre' case. He has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. On Tuesday, the regulator had levied a fine totaling Rs 44 crore on 18 entities, including NSE, Sampark, certain brokers and their respective past and present employees in the same matter.
In May 2019, Sebi had penalised the NSE as well as two of its former heads - Narain and Chitra Ramkrishna - for allowing Sampark to provide the dark fibre connectivity to stock brokers, despite not having the authorised licence. Dark fibre refers to an unused optical fibre used for high-speed connectivity.
The BSE and the NSE have also been asked to provide inputs.
Sebi has imposed a penalty totalling Rs 44 crore on 18 entities, including the National Stock Exchange, its business development officer Ravi Varanasi, former MD and CEO Chitra Ramkrishna and her adviser Subramanian Anand along with certain stock brokers in the 'dark fibre' case.
Dr Amreen Sheikh, chief dietician at KIMS Hospital, recommends a list of healthy fat alternatives that you can have instead of cheese without compromising on nutrition.
The Securities and Exchange Board of India (Sebi) has granted a no-objection certificate (NOC) to the National Stock Exchange of India (NSE), paving the way for the country's biggest exchange - currently valued at 5 trillion in the unlisted market - to file draft documents for its long-awaited initial public offering (IPO).
According to Healthline, 100 gm dark chocolate, with 70-85 per cent of cocoa, has 11 gm fibre, 66 percent iron, 57 percent magnesium, 196 percent copper, 85 per cent manganese etc. It also contains potassium, phosphorus, zinc, and selenium.
rediffGURU Komal Jethmalani, a nutrionist and weight loss expert with nearly three decades of experience, offers personalised recommendations to improve your overall health and wellbeing.
Leafy greens are an essential part of Indian cooking, showing up in everyday meals as well as in unique regional specialities.
Dr Arush Sabharwal, bariatric and metabolic surgeon at SCOD (Surgical Centre for Obesity and Diabetes) Clinic, explains how choosing certain foods can help boost your metabolism.
The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.
Eating foods rich in fibre, healthy fats and essential nutrients are some of the healthiest ways to reduce LDL (bad cholesterol) while increasing HDL (good cholesterol), says Dr Swarup Swaraj Pal, senior cardiovascular and thoracic consultant surgeon at Gleneagles Hospitals.
The process of refrigerating the rice overnight starch that is resistant to digestion and therefore it will not spike blood glucose levels.
rediffGURU Komal Jethmalani offers advice on how to alter your lifestyle so that you can stay healthy.
Over-exfoliating can irritate your skin and lead to dryness. During winter months, limit exfoliation to once or twice a week, depending on your skin type, advises Dinyar Workingboxwala, celebrity aesthetician and co-founder of the beauty products brand, BiE.
In a dazzling showcase at Apple Park, Apple on Monday introduced its latest technological marvels, including the much-anticipated iPhone 16 lineup. The event, held at the newly inaugurated Observatory building, featured an array of exciting updates that promise to redefine the smartphone experience.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
The government on Wednesday notified its decision to permit 100 per cent foreign direct investment (FDI) under automatic route in the telecom services sector. In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020. Accordingly, cases requiring prior government approval under the provisions of Press Note 3 will continue to be in place.
The market watchdog had directed that pending completion of the probe, revenues from the co-location facility - starting September 2016 - be transferred to a separate bank account.
Consuming whole grains can reduce the risk of heart disease by up to 30 percent.
With 59 cameras, including one fixed on the dome of the Rashtrapati Bhavan, public broadcaster Doordarshan is all set to beam live every bit of action of the Republic Day parade which features a fly-past by 75 aircraft of the Indian Air Force over the iconic Rajpath.
Sebi had, in February, dropped allegations of fraudulent and unfair trade practices against NSE's former heads Ravi Narain and Chitra Ramakrishna in the co-lo case.
rediffGURU Komal Jethmalani suggests starting off with small and frequent meals.
World over, consumers are moving away from processed food -- meat in particular. Want to know why?
If you consume enough water in a day, you'll notice a 14 percent increase in productivity at work, says Dr Siddhant Bhargava, nutritional scientist and co-founder, Food Darzee.
Prime Minister Modi also made a veiled reference to China, saying the global order is based on the respect for the principles of the UN Charter, peaceful resolution of disputes, and respect for sovereignty and territorial integrity.
Trying hard to lose weight. Try out these super foods!
The long queue outside Cellular Jail is a testimony to its place in India's national consciousness. The Andamans is also where the only British viceroy was assassinated and where Bose unfurled the Tricolour for the first time in 1943.
Menstrual cramps? Go ahead and eat dark chocolate, says Dr Snehal Adsule.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Abhishek Yadav, design head at Spykar, tells you how to stay cool and comfy in the rains.
Shed those stubborn kilos by incorporating these healthy foods into your diet.
The Modi government has been put on notice.'Will it buckle under such pressure? These are times when the moral fibre of the leadership makes all the difference, observes Ambassador M K Bhadrakumar.
Here's a list of actors who have served time on celluloid in recent years.
The most important thing is to get your portion size right.
Along with medication, following a healthy diet along with regular exercise can help you fight the hormonal disorder, suggests gynecologist, obstetrician and IVF expert Dr Amit Patil.
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