News for 'Securities and Exchange Commission'

Facebook's COO gives $31 million in stock to charity

Facebook's COO gives $31 million in stock to charity

Rediff.com15 Jan 2016

Sandberg also plans to give to anti-poverty efforts and educational groups.

Google to put ads on refrigerators, car dashboards?

Google to put ads on refrigerators, car dashboards?

Rediff.com22 May 2014

According to a letter filed with the Securities and Exchange Commission in December and disclosed on Tuesday, the search giant may serve ads on a different set of 'mobile' devices, including thermostats, glasses and watches.

MakeMyTrip chairman, CEO to forego salary from April

MakeMyTrip chairman, CEO to forego salary from April

Rediff.com25 Mar 2020

Online travel firm MakeMyTrip's top executives Deep kalra and Rajesh Magow have decided to draw 'zero salary' from April 2020, while the rest of its leadership team will take a reduction of around 50 per cent in their compensation amid the covid-19 outbreak. Group Executive Chairman Deep Kalra and its group CEO Rajesh Magow have decided to take 'zero salary' from April 2020 as the company plans to undertake multiple "tough measures" to keep overall expenses at a minimum amid the covid-19 outbreak.

3 Indians charged in insider trading ring spanning three countries

3 Indians charged in insider trading ring spanning three countries

Rediff.com7 Dec 2018

Between December 2013 and August 2016, Gannamaneni abused his position as a senior software consultant at the investment bank and accessed sensitive, highly-confidential information concerning at least 40 mergers, acquisitions, tender offers

NFO collections shrink in 2022 as new equity fund launches dry up

NFO collections shrink in 2022 as new equity fund launches dry up

Rediff.com28 Dec 2022

Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.

Jet deal: Etihad rejects securities law violation

Jet deal: Etihad rejects securities law violation

Rediff.com11 Mar 2014

While Etihad has told Securities and Exchange Board of India that it has not violated any securities law by not making an open offer, the capital market regulator is now seeking further clarity on the issue from other agencies including fair trade watchdog CCI, Finance Ministry and Aviation Ministry, sources said.

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

Won't renounce use of force to unify Taiwan: Xi at CPC

Won't renounce use of force to unify Taiwan: Xi at CPC

Rediff.com16 Oct 2022

Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.

Cognizant to pay $28m in US to settle India bribery case

Cognizant to pay $28m in US to settle India bribery case

Rediff.com16 Feb 2019

The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.

Pak officials caught for espionage were not tortured: Sources

Pak officials caught for espionage were not tortured: Sources

Rediff.com2 Jun 2020

India on Sunday declared the two officials of the Pakistan High Commission as 'persona non grata' on charges of espionage and ordered them to leave the country within 24 hours. In its reaction, Pakistan rejected the allegations against the two officials and called the Indian action a 'clear violation' of the Vienna Convention on Diplomatic Relations as well as the norms of diplomatic conduct.

Nasdaq's plan for cutting prices infuriates rivals

Nasdaq's plan for cutting prices infuriates rivals

Rediff.com29 Jan 2014

If approved, the Nasdaq plan could have far-reaching effects on competition, pricing and complexity in options and stock markets.

Ongoing buybacks may boost Infy's shares after April 12 results

Ongoing buybacks may boost Infy's shares after April 12 results

Rediff.com10 Apr 2019

Infosys is likely to report strong revenue growth in the fourth quarter of FY19 on the back of momentum in the big deal space.

US Senate confirms Indian-American Amit Mehta as a federal judge

US Senate confirms Indian-American Amit Mehta as a federal judge

Rediff.com17 Dec 2014

Indian-American Amit Priyavadan Mehta has been confirmed by the US Senate as a federal judge in the District of Columbia, becoming the first Asian Pacific American to occupy this important position.

Pak embassy officials were trying to get info on Army movement: Police

Pak embassy officials were trying to get info on Army movement: Police

Rediff.com2 Jun 2020

The two officials, Abid Hussain and Muhammad Tahir, were caught by the Special Cell of the Delhi Police from central Delhi's Karol Bagh while they were obtaining sensitive documents relating to India's security installations from an Indian national in exchange of money, official sources had said on Sunday.

Sabarmati ashram gifts UK PM Gandhi's unpublished work, Mirabehn's autobiography

Sabarmati ashram gifts UK PM Gandhi's unpublished work, Mirabehn's autobiography

Rediff.com21 Apr 2022

British Prime Minister Boris Johnson, who landed in Ahmedabad on Thursday morning on a two-day India visit, was accorded a grand welcome at the airport in Ahmedabad. Soon after, he visited Sabarmati Ashram in the company of Gujarat Chief Minister Bhupesh Patel.

EB-5 visas best bet for Indians: US attorney

EB-5 visas best bet for Indians: US attorney

Rediff.com27 Jun 2017

Under the EB-5 Investment Visa programme, an applicant receives a conditional green card on making a minimum investment of $5,00,000 in the United States.

Infosys ADR holders complain to Sebi

Infosys ADR holders complain to Sebi

Rediff.com22 Aug 2017

Legal experts fear such shareholder activism could turn into a class-action suit against Infosys

JK encounter: 3 detained for questioning as search ops enter day 7

JK encounter: 3 detained for questioning as search ops enter day 7

Rediff.com17 Oct 2021

Officials said the entire forest area from Mendhar to Thanamandi remains under a strict cordon and a massive search operation is on to neutralise the terrorists moving from one place to another in an attempt to escape the dragnet.

Mallya's craft beer firm in US is in the news for all the wrong reasons

Mallya's craft beer firm in US is in the news for all the wrong reasons

Rediff.com3 Apr 2016

California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure

Pak placed on FATF's 'grey list' for financially aiding terrorism

Pak placed on FATF's 'grey list' for financially aiding terrorism

Rediff.com28 Jun 2018

The placement on to grey list could hurt Pakistan's economy as well as its international standing.

After dissolving top body, Infy to have 9 exec officers

After dissolving top body, Infy to have 9 exec officers

Rediff.com29 Mar 2014

Top decision-making body, executive council, will be dissolved on April 1.

Cognizant widens bribery probe

Cognizant widens bribery probe

Rediff.com4 Oct 2016

The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country

Another storm brewing on Wall Street?

Another storm brewing on Wall Street?

Rediff.com12 Feb 2021

Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.

About 60 NFOs mobilise Rs 27,000 cr in six months

About 60 NFOs mobilise Rs 27,000 cr in six months

Rediff.com22 Jun 2021

Domestic asset management companies (AMC) have launched around 60 new fund offers (NFOs) in the last six months and mobilised around Rs 27,000 crore. Fund houses are rushing to launch new funds amid buoyancy in the equities market.

Why Term Plan Is Better For Home Loan Liability

Why Term Plan Is Better For Home Loan Liability

Rediff.com28 Sep 2022

If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

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.

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

Poonch anti-terror op enters 21st day, highway reopens after 2 weeks

Poonch anti-terror op enters 21st day, highway reopens after 2 weeks

Rediff.com31 Oct 2021

The operation to track down a group of hiding terrorists, who are responsible for the killing of nine soldiers, in Bhatti Durrian forest in Mendhar along with Surankote forest in Poonch and nearby Thanamandi in Rajouri district entered the 21st day on Sunday, the officials said.

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.

India expels 2 Pak embassy officials for espionage

India expels 2 Pak embassy officials for espionage

Rediff.com1 Jun 2020

Pakistan summoned a senior Indian diplomat to register a strong protest over India's decision.

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

Rediff.com20 Apr 2022

At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.

Rajat Gupta's release date from prison is March 2016

Rajat Gupta's release date from prison is March 2016

Rediff.com16 Jul 2014

Gupta, 65, reported to the minimum security satellite camp at FMC Devens in Ayer, Massachusetts on June 17.

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Rediff.com9 Jul 2022

The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

Want to invest in foreign equities? Read this

Want to invest in foreign equities? Read this

Rediff.com15 Mar 2021

To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.

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.

2 jawans, JCO killed amid massive search ops to hunt ultras in J-K forests

2 jawans, JCO killed amid massive search ops to hunt ultras in J-K forests

Rediff.com16 Oct 2021

Officials said gunshots were heard as the joint search parties of the Army and the police resumed the operation in Poonch's Mendhar area. However, it was not immediately clear whether it was speculative firing by the search parties or fresh contact was established with the terrorists, they said.

Amazon-Future battle: More skeletons tumble out of closet

Amazon-Future battle: More skeletons tumble out of closet

Rediff.com15 Nov 2021

Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.

Bill Gates will not own any Microsoft stock in 4 years

Bill Gates will not own any Microsoft stock in 4 years

Rediff.com3 May 2014

Gates has sold 20 mn shares each quarter under a pre-set trading plan