News for 'Securities and Markets Authority'

Decks cleared for ArcelorMittal to take over Essar Steel

Decks cleared for ArcelorMittal to take over Essar Steel

Rediff.com15 Nov 2019

Setting aside the NCLAT order, a 3-judge bench headed by Justice R F Nariman, said the two set of creditors will be treated differently during the insolvency proceedings and taking over of a debt-ridden firm by another company.

Noida, Chennai's electronics hubs in total lockdown

Noida, Chennai's electronics hubs in total lockdown

Rediff.com24 Mar 2020

The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.

Tribunal sets aside Sebi ban on PricewaterhouseCoopers

Tribunal sets aside Sebi ban on PricewaterhouseCoopers

Rediff.com9 Sep 2019

Setting aside the ban on PwC, which is one of the Big Four global accounting firms, SAT said only the national auditors watchdog ICAI (Institute of Chartered Accountants of India) can take any action against its members and fraud cannot be proved on the basis of negligence in auditing.

Stringent disclosure norms for algo trading

Stringent disclosure norms for algo trading

Rediff.com8 Oct 2018

Brokers will be required to reveal statistics such as trade-to-order ratio of the algo during a period as well as details of any changes made to the core programme.

SEBI action against high return schemes

SEBI action against high return schemes

Rediff.com20 Sep 2018

Delhi brokers under SEBI's glare for drawing investors through ads promising unrealistic returns.

India will grow no matter who comes to power

India will grow no matter who comes to power

Rediff.com22 Jan 2019

'People always short-change the resilience of the economy.'

24 killed, 100 injured in Taliban bombing in Pakistan

24 killed, 100 injured in Taliban bombing in Pakistan

Rediff.com31 Mar 2017

A powerful car bomb exploded outside a Shiite imambargah at a busy market.

Govt says Twitter defaming India, Delhi police rejects remarks

Govt says Twitter defaming India, Delhi police rejects remarks

Rediff.com27 May 2021

The Delhi Police on Thursday said the statements by Twitter on the ongoing enquiry in the 'toolkit' case was mendacious and designed to impede the lawful enquiry.

Don't tamper with J-K special status: Farooq Abdullah

Don't tamper with J-K special status: Farooq Abdullah

Rediff.com4 Aug 2019

National Conference president Farooq Abdullah, reading out a resolution adopted at the meeting, said the parties have decided to send delegations to meet President Ram Nath Kovind, Prime Minister Narendra Modi and leaders of political parties to apprise them about the consequences of any attempt to abrogate Article 370 and Article 35A of the Constitution, or carry out delimitation of constituencies or trifurcating the state.

'India is losing 10,000 artefacts per decade'

'India is losing 10,000 artefacts per decade'

Rediff.com28 Sep 2021

'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'

Infosys denies knowledge of any fresh complaint

Infosys denies knowledge of any fresh complaint

Rediff.com13 Dec 2019

Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.

How both car owners and govt stand to gain from FASTags

How both car owners and govt stand to gain from FASTags

Rediff.com9 Dec 2019

While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.

Sebi and Irda clash again

Sebi and Irda clash again

Rediff.com27 Feb 2013

The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.

Can Gujarat's GIFT city be Asia's next financial hub?

Can Gujarat's GIFT city be Asia's next financial hub?

Rediff.com5 Aug 2020

'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'

Sebi busts scam involving investment tips on SMS

Sebi busts scam involving investment tips on SMS

Rediff.com21 Aug 2013

Fraudsters were luring gullible investors of daily returns up to Rs 75,000.

Sensex pares gains, ends up 693 points

Sensex pares gains, ends up 693 points

Rediff.com24 Mar 2020

Top gainers in the Sensex pack included Infosys, Bajaj Finance, Maruti, HUL, HCL Tech and Reliance Industries, while M&M, IndusInd Bank, ITC, PowerGrid and L&T were among the losers. The NSE Nifty settled 190.80 points, or 2.51 per cent, down at 7,801.05.

Why the rise of China's military worries the world

Why the rise of China's military worries the world

Rediff.com2 Mar 2021

There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.

Time for Congress to get down from high horse

Time for Congress to get down from high horse

Rediff.com27 Jan 2022

What we have in the Congress is a useful glue to hold a non-cultural, unified Opposition together. That is the sacrifice the Congress must be willing to live with if showing the BJP the door is what the collective Opposition wants, observes Shyam G Menon.

National lockdown extended by 2 weeks to May 17

National lockdown extended by 2 weeks to May 17

Rediff.com1 May 2020

A limited number of activities will remain prohibited across the country, irrespective of the zone, including travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training/coaching institutions.

Olympic sponsor Toyota pulls out TV ads for Games

Olympic sponsor Toyota pulls out TV ads for Games

Rediff.com19 Jul 2021

Organisers warn participants against eating out over COVID-19 risks.

Why LIC IPO is unlikely this fiscal

Why LIC IPO is unlikely this fiscal

Rediff.com22 Sep 2020

A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.

Restrictions lifted from most parts of Kashmir

Restrictions lifted from most parts of Kashmir

Rediff.com11 Sep 2019

The officials said restrictions have been lifted from most areas of the valley, but security forces continued to be deployed to maintain law and order.

Japan says Olympics on track as Abe, Trump hold talks on coronavirus

Japan says Olympics on track as Abe, Trump hold talks on coronavirus

Rediff.com13 Mar 2020

Prime Minister Shinzo Abe and Donald Trump talked by phone for about 50 minutes Friday morning and agreed to 'strengthen cooperation' on fighting the novel coronavirus, but did not discuss postponing the Olympics or holding them without spectators, Japanese officials said.

RBI crack team in secret location keeps financial system going

RBI crack team in secret location keeps financial system going

Rediff.com21 Mar 2020

The idea is to keep the RBI's information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions from the secured data centres, as nearly 14,000 RBI staffers, except the senior-most management, work from home.

Number of wilful defaulters was on rise even before lockdown

Number of wilful defaulters was on rise even before lockdown

Rediff.com15 Jul 2020

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.

UBI knocks on EU regulator's door against Airbus

UBI knocks on EU regulator's door against Airbus

Rediff.com28 Oct 2014

Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.

'Government this time has said outright privatisation'

'Government this time has said outright privatisation'

Rediff.com4 Feb 2021

'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'

Rs 5,000-crore stressed asset fund for MSMEs mooted

Rs 5,000-crore stressed asset fund for MSMEs mooted

Rediff.com26 Jun 2019

The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.

Chinese fans fume at NBA as fallout from free speech row spreads

Chinese fans fume at NBA as fallout from free speech row spreads

Rediff.com9 Oct 2019

The state-owned tabloid accused Silver of caving in to political pressure, saying the NBA was treating the Chinese market with arrogant disregard.

Active telecom user base falls in August

Active telecom user base falls in August

Rediff.com22 Oct 2019

Active subscriber base declined by 2.2 million on a month-on-month (MoM) basis to 970.2 million in August 2019, on the back of Bharti Airtel and Vodafone Idea losing customers. Jio was the only operator to add 7.2 million active subscribers in the same month.

Govt asks states to set up relief camps for, give food to migrants

Govt asks states to set up relief camps for, give food to migrants

Rediff.com28 Mar 2020

With lakhs of these workers stranded on highways and inter-state bus terminus, the government stepped in and asked states and union territories to immediately set up relief camps for migrant workers and others who are returning to their home states or trying to do so during the nationwide lockdown period.

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Import ban on TVs: Chinese majors face double whammy

Import ban on TVs: Chinese majors face double whammy

Rediff.com10 Aug 2020

The steep rise in prices of key components, coupled with a ban on the import of finished sets, is expected to hit prominent Chinese brands, such as OnePlus, Xiaomi, TCL, and Realme.

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

Vandalism reported in Kashmir, normal life affected for 46th day

Vandalism reported in Kashmir, normal life affected for 46th day

Rediff.com19 Sep 2019

Private cars have come under stone-pelting at many places as the miscreants want to enforce shutdown.

Scramble for supplies marks Day 1 of lockdown

Scramble for supplies marks Day 1 of lockdown

Rediff.com26 Mar 2020

Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).

21 held after clashes between AMU students, police

21 held after clashes between AMU students, police

Rediff.com16 Dec 2019

Scores of Banaras Hindu University students also staged a protest at the Lanka Gate in support of the AMU students.

When Mallya bought Lewis Hamilton's dad's home

When Mallya bought Lewis Hamilton's dad's home

Rediff.com19 Mar 2021

This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.

COVID-19: Two-wheeler sales likely to boom

COVID-19: Two-wheeler sales likely to boom

Rediff.com12 May 2020

Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.

Why Indians should worry about Brexit

Why Indians should worry about Brexit

Rediff.com17 Aug 2017

Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.