News for 'SEC'

Rajat Gupta should pay $13.9 mn penalty: SEC

Rajat Gupta should pay $13.9 mn penalty: SEC

Rediff.com22 Mar 2014

US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.

Paris Paralympics: How India fared on September 5, 2024

Paris Paralympics: How India fared on September 5, 2024

Rediff.com6 Sep 2024

India's inspirational para-athletes achieved their stated goal of 25 medals and remained on course for more in Paris on Thursday.

How to invest in G-secs and make money

How to invest in G-secs and make money

Rediff.com12 Jun 2013

G-secs offer good liquidity, high safety. If the interest rate dips, as is widely expected, these could give you higher gains.

Setback to Mamata as SC upholds order to deploy central forces in Bengal

Setback to Mamata as SC upholds order to deploy central forces in Bengal

Rediff.com20 Jun 2023

The apex court, which dismissed the pleas filed by the West Bengal government and the State Election Commission (SEC) challenging the high court order, said the tenor of the high court order was ultimately to ensure free and fair election in the state.

Result preview: Cost of deposits to weigh on banks' margins in Q1

Result preview: Cost of deposits to weigh on banks' margins in Q1

Rediff.com12 Jul 2024

Despite steady loan growth, the banking sector is expected to report subdued margins in the quarter ending June 2024 (Q1FY25), driven by high demand for deposits amidst tight liquidity conditions. However, according to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit. Estimates showed that banks' net interest income (NII), and revenues from interest minus interest expenses might grow 11.9 per cent Y-o-Y.

Are TMFs A Good Investment Option?

Are TMFs A Good Investment Option?

Rediff.com26 Dec 2023

'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'

Paris Paralympics: How India fared on September 7, 2024

Paris Paralympics: How India fared on September 7, 2024

Rediff.com8 Sep 2024

A summary of Indian athletes' showing at the Paralympics in Paris on Saturday.

US SEC charges China affiliates of top accounting firms

US SEC charges China affiliates of top accounting firms

Rediff.com4 Dec 2012

Monday's move indicated China was refusing to yield in talks with the United States over access to Chinese audit papers, trying to keep foreign regulators off what it sees as its turf.

Ram Navami clashes: Situation in Howrah's Kazipara peaceful, Sec 144 still in force

Ram Navami clashes: Situation in Howrah's Kazipara peaceful, Sec 144 still in force

Rediff.com1 Apr 2023

Internet connections remained suspended even as prohibitory order under CrPC Section 144 was still in place in and around the area where several shops and residences were vandalised during the clashes, he said.

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

Rediff.com28 Nov 2018

Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.

Bengal panchayat poll results will be subject to our final orders: HC

Bengal panchayat poll results will be subject to our final orders: HC

Rediff.com12 Jul 2023

The court directed the State Election Commission, the state government and the central government to file affidavits dealing with all the allegations made in three petitions alleging malpractices.

'Any Exemption In STCG On Equity Sale?'

'Any Exemption In STCG On Equity Sale?'

Rediff.com1 Aug 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Right Time To Invest In Govt Bonds

Right Time To Invest In Govt Bonds

Rediff.com4 Nov 2022

Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.

Bengal panchayat polls: Cong, govt employees demand more central forces

Bengal panchayat polls: Cong, govt employees demand more central forces

Rediff.com25 Jun 2023

The State Election Commission on Friday informed the Calcutta high court that it has requisitioned 822 companies of central forces for the July 8 panchayat polls in West Bengal.

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

Rediff.com8 May 2023

The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.

Rajaratnam to pay $1.45 mn to settle SEC suit

Rajaratnam to pay $1.45 mn to settle SEC suit

Rediff.com28 Dec 2012

Jailed hedge-fund founder Raj Rajaratnam has agreed to pay $1.45 million to settle a civil lawsuit filed by US regulator SEC against him and India-born former Goldman Sachs director Rajat Gupta for their roles in one of the largest insider-trading schemes in US history.

Asian Indoors: Indians smash their own national records

Asian Indoors: Indians smash their own national records

Rediff.com13 Feb 2023

Jyothi Yarraji and Jeswin Aldrin win silver each in Asian Indoor Athletics Championships

ED points to insider trading in NSE case

ED points to insider trading in NSE case

Rediff.com23 Sep 2022

The Enforcement Directorate's (ED's) chargesheet in the National Stock Exchange (NSE) illegal phone-tapping case points to insider trading during the tenures of Chitra Ramkrishna and Ravi Narain as managing director and chief executive officer of the bourse. The federal agency will soon be sharing the details with the Securities and Exchange Board of India (SEBI) for further inquiry, two people aware of the findings told Business Standard. The ED, which filed its prosecution complaint (commonly known as chargesheet), alleged that Narain and Ramkrishna were the "key conspirators" and had assisted iSec Services to generate money to the tune of Rs 24 crore for exchanging crucial information, the people said.

Novelis IPO: A potential booster for Hindalco

Novelis IPO: A potential booster for Hindalco

Rediff.com29 Feb 2024

Base metals major Hindalco's overseas subsidiary, Novelis, has submitted a draft registration with the US Securities and Exchange Commission (SEC) for the proposed public offering of promoters' shares. Novelis' sole shareholder, AV Minerals (Netherlands) NV, is a 100 per cent subsidiary of Hindalco. Novelis would not receive any proceeds from the sale. Assuming SEC clearance could go through in about 6 months.

Farmers protest against proposed IIT site in Goa, Sec 144 imposed

Farmers protest against proposed IIT site in Goa, Sec 144 imposed

Rediff.com14 Sep 2022

South Goa district collector Jyoti Kumari issued orders imposing Section 144 of the Code of Criminal Procedure, 1973.

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Rediff.com30 Jun 2022

Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.

'How to avoid capital gain tax on sale of land?'

'How to avoid capital gain tax on sale of land?'

Rediff.com14 Mar 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Bitcoin Beats Equities, Gold In 2023!

Bitcoin Beats Equities, Gold In 2023!

Rediff.com20 Dec 2023

A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.

Bengal panchayat repolling peaceful, 67% voter turnout recorded till 5 pm

Bengal panchayat repolling peaceful, 67% voter turnout recorded till 5 pm

Rediff.com10 Jul 2023

The repolling started at 7 am amid tight security with four central forces personnel deployed in each booth, besides state police. Till 11 am, 10.9 per cent voter turnout was recorded.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

CBI shuts case against firm founded by former Mumbai top cop

CBI shuts case against firm founded by former Mumbai top cop

Rediff.com29 Aug 2023

In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.

SEC to visit Sebi, Satyam Board in 2 days

SEC to visit Sebi, Satyam Board in 2 days

Rediff.com3 Feb 2009

The team will then proceed for discussions with the government-appointed Board of Satyam Computer Services in Hyderabad on Thursday to assess the present status of India's fourth- largest software firm. Following the confessions of Satyam's founder and former chairman B Ramalinga Raju that he had cooked up the firm's balance-sheet for several years, US investors have filed over a dozen law suits against the company in various US courts.

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

Rediff.com8 Dec 2022

The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.

RBI eases regulations on sale of G-secs

RBI eases regulations on sale of G-secs

Rediff.com29 Mar 2004

The Reserve Bank of India has permitted sale of government securities already contracted for purchase with effect from April 2, subject to certain conditions.

Sebi may probe JM MF's G-sec dealings

Sebi may probe JM MF's G-sec dealings

Rediff.com8 May 2003

Securities and Exchange Board of India may soon launch a full-fledged investigation into the alleged violation of mutual funds regulations by JM Mutual Fund while dealing in government securities.

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Rediff.com17 Apr 2024

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.

Sec 377 gone but queer people still face oppression, says Justice Chandrachud

Sec 377 gone but queer people still face oppression, says Justice Chandrachud

Rediff.com7 Sep 2022

Supreme Court judge Justice DY Chandrachud has said that the decriminalisation of Section 377 of IPC by the apex court has enabled queer people to emerge as legally empowered citizens.

Maha political crisis: Sec 144 in Mumbai, police on high alert

Maha political crisis: Sec 144 in Mumbai, police on high alert

Rediff.com25 Jun 2022

Apart from the assembly of five or more persons, it prohibits processions, use of loud speakers, musical band and bursting of crackers in any procession.

How Index Funds Can Help Manage Risks

How Index Funds Can Help Manage Risks

Rediff.com21 Dec 2023

Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks

Maharashtra poll body stays local polls over OBC quota hearing

Maharashtra poll body stays local polls over OBC quota hearing

Rediff.com14 Jul 2022

The Maharashtra State Election Commission (SEC) on Thursday stayed the elections to 92 municipal councils and four nagar panchayats in view of the next week's hearing on OBC reservations before the Supreme Court.

MHA wants to know why additional troops needed in Bengal

MHA wants to know why additional troops needed in Bengal

Rediff.com26 Jun 2023

The ministry of home affairs (MHA) on Monday sent a letter to the West Bengal State Election Commission (SEC) seeking details of the need for additional 485 companies of central forces, for which it has sent a requisition, an official said.

Suyash Jadhav secures 2024 Paris Paralympics quota

Suyash Jadhav secures 2024 Paris Paralympics quota

Rediff.com21 Feb 2024

Indian para swimmer Suyash Jadhav on Wednesday secured the 2024 Paris Paralympics quota in the Men's 50m Butterfly S7 category with his brilliant performance at the previous Asian Para Games.

Twitter very slow in India: Elon Musk

Twitter very slow in India: Elon Musk

Rediff.com15 Nov 2022

Billionaire entrepreneur Elon Musk has said Twitter is "very slow" in India and many other countries. "Twitter is very slow in India, Indonesia & many other countries. "This is a fact, not a "claim". "10 to 15 secs to refresh homeline tweets is common.