Without giving specific details, Sebi said that SBI was being probed for 'alleged violation of regulations' contained in as many as 11 sections, sub-sections and clauses, including those related to the Code of Conduct, of the Securities and Exchange Board of India (Debenture Trustees) Regulations.
All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.
However, dealers said that most of the rupee's gains were lost on consistent dollar demand from state-run oil refiners and other importers.
New Delhi has missed its target for partial privatisations for the past five years
The rupee had gained 2 paise to end at 60.93 against the greenback in Thursday's trade.
.jpg)
The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
The Reserve Bank is unlikely to lower the interest rates.
The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
The rupee had eased by five paise to close at 60.50 against the dollar in the previous session on Thursday.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
Another sobering number is that the total Chinese investment in India in the past 10 years amounts to $400 million.
The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
9 top-valued Sensex cos see Rs 93,000 crore m-cap erosion
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
Investors were focussed on the RBI's monetary policy review on Tuesday which will give an insight into its inflation and rates outlook.
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
As a percentage of the aggregate Budget expenditure, it is 12 per cent.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
Noisy protests disrupted the both houses of the Parliament on the first day of the second part of the budget session
.jpg)
The rupee was last at 62.05/06 after gaining to as high 61.9650 against the dollar, its highest since Nov 19. It had closed at 62.44/45 on Friday.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
The domestic currency hovered in a range of 60.59-60.85 per dollar during the late morning deals.
Fadnavis claimed the BJP was "beyond running behind anyone" as the people of India were with the party and the leadership of Prime Minister Narendra Modi.
'It is certainly time for New Delhi to open up. Not only should it go ahead at full steam with the roads to the LAC, but the government must also allow tourists to visit these stunningly beautiful areas of Indian territory.'
Traders said good dollar demand from importers including oil companies was seen at stronger rupee levels, limiting any further gains.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Rail and road blockade, demonstrations, and impromptu rallies by the Opposition marked the shutdown in the state affecting normal life to some extent.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances