Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
This will pave the way for Kapil Puri to expand Spanco Telesystems, the business process outsourcing and telecommunication services company that he set up after partly exiting Sparsh. Puri is slated to receive around Rs 35 crore (Rs 350 million) from the sale of his stake, which will take place at around Rs 200 per share. This includes a premium as against the existing ruling price of Rs 150 per share.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
A Securities and Exchange Board of India (SEBI) team probing a financial fraud in Satyam Computer on Friday reached founder Ramaling Raju's house here, but returned as the premises was locked.
CVC International, part of Citigroup, has evinced interest to pick up about five per cent stake in Jindal Iron and Steel Company Ltd.
Securities and Exchange Board of India said on Thursday that it will look into the issue of sacking of Britannia Industries managing director Sunil Alagh, if it is felt necessary.\n\n\n\n
Come 2007, individuals as well as corporates investing Rs 50,000 and more in single mutual fund scheme would be required to apply for mutual fund investors number
Companies are looking to combine risk management with strategy.
The Reserve Bank of India and the Securities and Exchange Board of India are considering a proposal for allowing Indian mutual funds to invest up to $1 billion in world's biggest companies through equity indices like Dow Jones Global Titans Index.
founder-president of the Investors' Grievances Forum Kirit Somaiya says the finance minister along with the market regulator Sebi were responsible for the market crash on October 17.
In the wake of market crash on Thursday following the finance minister's proposal to levy a 0.15% turnover tax on securities transactions, Sebi said there was no need to panic as the proposal will be applicable only after the Finance Bill is passed.
Seeking to allay fears over the stringent investment regime, Securities and Exchange Board of India on Wednesday said there was no proposal to restrict Foreign Institutional Investors from Indian stock markets and the policy environment would remain
Markets regulator Sebi on Wednesday ordered attachment of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank, to recover dues of over Rs 1 crore. The decision has been taken after Kapoor failed to pay the fine imposed on him. Sebi, in September 2020, had levied a fine of Rs 1 crore on Kapoor for not making disclosures regarding a transaction of Morgan Credit, which was an unlisted promoter entity of Yes Bank.
Securities and Exchange Board of India has launched a full-fledged probe into the trading in Global Trust Bank stock, including alleged insider-trading prior to it being placed under moratorium and announcement of merger.\n\n\n\n
The Securities and Exchange Board of India will introduce marketwide straight through processing (STP) system for institutional transactions by July 1 to further reduce cost and time for capital market deals.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
UTI Mutual Fund will shortly launch auto sector fund and portfolio management scheme (PMS) even as it forged a tie-up with Corpration Bank to distribute mutual fund schemes through the latter's branch network in the country.
Securities and Exchange Board of India said on Monday that implementation of T+6 norms for book building issues and blackout on research reports has been deferred till further notice.
BMA's clients allege that depository firm CDSL and stock exchanges did not act on their complaints, prompting them to protest before Sebi. They say their shares have been transferred to a pool account without their knowledge and have been used to avail loans. Clients alleged that BMA has pledged their securities with a leading private bank, who could have sold their holdings.
Securities and Exchange Board of India has sought intervention of the state governments to curb illegal trading in shares and take action against those involved in such trades.
The Securities and Exchange Board of India is working on building a strong business platform for scalability and improving the quality of intermediaries, Chairman G N Bajpai said on Saturday.
Following a meeting with Union Finance Minister P Chidambaram, foreign institutional investors expressed confidence in the economic reforms process of the Congress-led UPA government and are expected to increase their investments in India.
The Securities and Exchange Board of India on Tuesday asserted that the Indian financial markets were safe for investing and there was no payment crisis on the bourses.
Sebi on Thursday warned market operators against "floating rumours" which has led to high volatility in the stocks market and said it will not hesitate to take stringent action against those found indulging in such acts.
HT Media Ltd, which is planning to launch a Mumbai edition of Hindustan Times in mid-2005, filed a draft red herring prospectus for its proposed initial public offering with Securities and Exchange Board of India.
Yes Bank, the new private sector banking entity, has filed a draft Red Herring Prospectus with the Securities and Exchange Board of India for its initial public offering of seven crore equity shares.
The Securities and Exchange Board of India has cleared the initial public offer of Jet Airways.
Mumbai-based software company Paradyne Infotech Ltd is planning to enter the capital market by mid-March with an initial public offering of 3.3 million shares of Rs 10 each at premium of Rs 32.
Market regulator SEBI on Friday said it was on the watch out for any 'unusual' movement in the market and has been carrying out investigations on those responsible for market misconduct.
The Securities and Exchange Board of India has cleared the initial public offering by Indraprastha Gas Ltd, after the market regulator decided to defer implementation of T+6 norms for the book building issues.
The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.
73-year-old dies in Mumbai, 75-year-old in Kerala.
Future Retail Ltd (FRL) on Monday said the Delhi high court has ruled that statutory authorities cannot be restrained from acting in accordance with law and stayed a previous order on status quo of its Rs 24,713 crore deal with Reliance. Updating stock exchanges about the court ruling, FRL said a Division Bench comprising Chief Justice D N Patel and Justice Jyoti Singh has stayed the operation and effect of order passed by single Judge J R Midha on February 2. "...inter alia, for the prima facie reason that the company is not a party to the Shareholders Agreement dated August 22, 2019 executed between Amazon, Future Coupons Private Limited and the Promoters of FRL, under which arbitration was initiated by Amazon in Singapore," FRL said.
Dhanteras has cheered up jewellers as it has turned out to be the best in three years, thanks to the lower price of the yellow metal and pent-up demand. In Mumbai's Zaveri bazaar, buyers came in out force and jewellers did not have to depend on freebies to induce sales, even though all of them had announced some offers. In fact, more discounts were announced for diamond and studded jewellery.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances