A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.
The Securities and Exchange Board of India (Sebi) is considering segregation of settlement for proprietary trades and retail trades to avoid misuse and circumvention by certain brokers, its chairperson Madhabi Puri Buch said recently. Proprietary trading refers to trades done by brokers and other financial institutions using their own capital. "There are some people who are permitting access to their clients through prop accounts for a variety of reasons, including wanting to fund their margins.
Australia captain Pat Cummins is yet to come to terms with the death of his mother and described flying to India for a Test series as she received treatment at home as the "hardest time of my life".
A husband has no control over his wife's 'stridhan' (woman's property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her lost gold.
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.
Fiscal outlook to be little bit challenging next year: CEA
As the court delivers its verdict on Thursday on the conviction of the Talwars in 2008 double murder case in Noida, here's a timeline in the case.
Expressing hope for a potential deal by Ramadan, he also acknowledged the possibility that an agreement "may not get there," as reported by CNN.
Chhattisgarh has witnessed rising incidence of such attacks.
From wrestlers' protest to WFI elections: Timeline
Byju Raveendran, CEO and founder of the eponymous edtech giant, has told shareholders that the company will set up a board advisory committee (BAC). This was part of a discussion on July 4 with shareholders at an emergency general meeting (EGM). Raveendran also said that in the next EGM in three weeks will give details about BAC's members and composition.
Retirement fund body EPFO has extended the date for filing applications to opt for a higher pension till June 26, 2023. In order to provide a larger window of opportunity and in order to enable all eligible persons to file their applications, the timeline for filing applications would now be till 26th June, 2023, according to a statement. "The EPFO (Employees' Provident Fund Organisation) has made arrangements for obtaining applications for validation of option/joint option from pensioners/members as per the Supreme Court order on November 4, 2022," labour ministry said in a statement.
McLaren were stripped all of their points in the 2007 Formula One constructors championship and fined $100 million in the spying case.
"Today, I am quiet because the attorney general has sought a very short time, next time I will not be quiet. Use your good office to see these issues are resolved," Justice Sanjay Kishan Kaul told Attorney General R Venkataramani. "I thought of saying a lot, but since the attorney general is only seeking seven days time, I'm holding myself," said Justice Kaul, whose bench also comprised Sudhanshu Dhulia, after Venkataramani sought a week's time to come back with instructions on the pending recommendations for judges' appointment to the high court.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
Manual horizontal digging will start soon in addition to the ongoing top-down drilling to rescue the 41 trapped workers in the Silkyara tunnel in Uttarkashi, the NDMA said on Monday.
Delegates of International Cricket Council (ICC) and Cricket West Indies (CWI) have started a second inspection of the venues in the Caribbean and in the USA ahead of next year's T20 World Cup.
Telugu star Varun Tej's first pan-India film Operation Valentine will release on March 1.
The Shiv Sena split into the Uddhav Thackeray and Shinde factions last year, after which the former filed petitions with the Speaker seeking disqualification of several MLAs belonging to the chief minister's camp.
Opposition parties Nationalist Congress Party and Samajwadi Party on Wednesday demanded reservation for OBCs in the women's reservation bill and questioned the reason for calling a special session when the bill cannot be implemented before census and delimitation.
Dominica will be unable to meet the deadline for completing the construction work of their stadiums and the government on Thursday announced its decision to withdraw from hosting their allotted matches of the T20 World Cup next year.
The move is expected to offer a breather to companies, who have been on tenterhooks following Thursday's order. DGFT will soon issue a notification on timeline extension, IT Ministry sources said. In a post on 'X' social media platform (earlier known as Twitter), Minister of State for Electronics and IT Rajeev Chandrasekhar said: "There will be a transition period for this to be put into effect, which will be notified soon".
According to the procedure, all reports of the law panel are submitted to the Union law ministry, which then forwards those to the ministries concerned.
Uncertainty shrouds Naseem Shah's availability for Pakistan's World Cup opening matches
The Parliament attack case was one of the most challenging cases for investigators. It had several twists and turns, but finally the curtains came down on it with one of the main accused in the case, Afzal Guru, being hanged at Tihar Jail, New Delhi on Saturday
'India has expressed interest to host the 2036 Olympics and 2030 Youth Olympics'
He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.
Rishabh Pant reveals he feared leg amputation after life-threatening car crash
The State Bank of India, which unsuccessfully sought extension of time till June 30 to disclose the details of electoral bonds, on Monday faced searching questions from the Supreme Court which wanted to know about the steps taken to comply with the directions it had issued while scrapping the controversial scheme of anonymous political funding on February 15.
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
The Federal Retirement Thrift Investment Board's (FRTIB), one of the US government's main retirement funds, decision to change the benchmark index for gaining international exposure will channel $3.6 billion (Rs 30,000 crore) inflows into domestic equities. India has a weightage of 5.3 per cent, seventh-most in the new MSCI ACWI IMI ex USA ex China ex Hong Index, which FRTIB now plans to use. India isn't part of the current developed markets-dominated MSCI EAFE index that the pension fund uses.
How did the Rani-Aditya romance play out? We try to fit in the pieces.
'Seek medical help if after five days of the first symptom the fever has not subsided.'
Power Grid Corporation (PGCIL) intends to ramp up its capex substantially through the next two financial years. The Public Sector Undertaking (PSU) utility posted flat consolidated revenues of Rs 10,700 crore in the third quarter of the current financial year (Q3FY24) and reported 7 per cent year on year (Y-o-Y) growth in net profit to Rs 4,000 crore. The Q3FY24 capex stood at Rs 3,440 crore and capitalisation at Rs 1,780 crore, taking the 9MFY24 total to Rs 8,700 crore capex and Rs 5,800 crore capitalisation, respectively.
The court said the disqualification petitions have to be adjudicated expeditiously.
It appears, that Facebook has been hacked by an unknown group and the hackers added an enormous number of powerful images which reflects the acts of violence, self-mutilation and pornography, on thousands of Facebook users' Timeline.
Asia Securities Industry & Financial Markets Association (Asifma) has raised concerns about the Securities and Exchange Board of India (Sebi) proposal to introduce a T+0 settlement cycle. The industry association of top foreign portfolio investors (FPIs) has stated that this move could give rise to several issues, including the bifurcation of the market, liquidity fragmentation, and deterioration of market quality. In a discussion paper floated last month, Sebi has proposed a separate same-day settlement cycle that will run parallel to the existing T+1 cycle, where trades are settled the next day.
Here is a timeline of the second-lengthiest case in the apex court history:
Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.
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.
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