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News for 'insider trading'

Aakar Patel: China Flourishes While India Digs Up Past

Aakar Patel: China Flourishes While India Digs Up Past

Rediff.com7 Dec 2024

We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.

Why did Joe Biden wear a 'TRUMP 2024' hat?

Why did Joe Biden wear a 'TRUMP 2024' hat?

Rediff.com12 Sep 2024

United States President Joe Biden, while commemorating the 23rd anniversary of 9/11 terror attacks at a fire station, donned a red hat that read 'TRUMP 2024', a gesture the White House has termed a show of bipartisan unity.

Sebi bans Mehul Choksi from capital markets for 1 yr, slaps Rs 2.5-cr fine

Sebi bans Mehul Choksi from capital markets for 1 yr, slaps Rs 2.5-cr fine

Rediff.com31 Jan 2022

Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal Gajera from the capital markets for one year and levied a fine totalling Rs 2.5 crore on them for violating insider trading rules in the matter of Gitanjali Gems. In addition, they have been restrained from buying, selling or otherwise dealing in securities of Gitanjali Gems Ltd (GGL) for a period of two years. Also, the Securities and Exchange Board of India (Sebi) has directed Gajera to disgorge a sum of Rs 15.82 crore.

RS adjourned amid uproar over recovery of cash from Singhvi's seat

RS adjourned amid uproar over recovery of cash from Singhvi's seat

Rediff.com6 Dec 2024

Rajya Sabha Chairman Jagdeep Dhankhar on Friday said a wad of currency notes was recovered by security staff from the seat allotted to Congress MP Abhishek Manu Singhvi.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

Come for talks or die, Amit Shah tells terrorists in J-K

Come for talks or die, Amit Shah tells terrorists in J-K

Rediff.com26 Sep 2024

"Give up arms and come for talks or our forces will hunt you down," the home minister said in election rallies in Jammu and Kashmir.

Hooch tragedy kills 25 in Bihar; 12 arrested

Hooch tragedy kills 25 in Bihar; 12 arrested

Rediff.com17 Oct 2024

Eighteen more people lost their lives after allegedly consuming illicit liquor in dry Bihar's Siwan and Saran districts, taking the toll in the tragedy to 24, officials said on Thursday.

Uzbekistan: Land Of Arabian Nights

Uzbekistan: Land Of Arabian Nights

Rediff.com20 Dec 2024

Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.

Empty liquor bottles inside Bihar House causes uproar

Empty liquor bottles inside Bihar House causes uproar

Rediff.com1 Dec 2021

Empty bottles of liquor were discovered inside the premises of the legislature in dry Bihar, in a fresh embarrassment to the Nitish Kumar government in the state, which has been drawing flak over recent hooch tragedies that have claimed more than 40 lives.

'We Know How To Protect Our Religion'

'We Know How To Protect Our Religion'

Rediff.com18 Nov 2024

'If someone fiddles us on our religion then we will pay back five times more to that person. We have proved that time and again.'

Olympics Volleyball: France crush Poland to win back-to-back golds

Olympics Volleyball: France crush Poland to win back-to-back golds

Rediff.com10 Aug 2024

France are only the third country to win back-to-back golds in men's volleyball after the former Soviet Union and the United States.

ISL PIX: Bagan avenge Durand Cup loss, down NEUFC in thriller

ISL PIX: Bagan avenge Durand Cup loss, down NEUFC in thriller

Rediff.com23 Sep 2024

This hard-fought win also brings relief to Mohun Bagan manager Jose Molina, who had faced 'Go Back' chants at this very venue on Wednesday during their draw in the AFC Cup.

2 Indian spies expelled from Aus for trying to 'steal secrets' in 2020: Media

2 Indian spies expelled from Aus for trying to 'steal secrets' in 2020: Media

Rediff.com1 May 2024

While The Australian and The Sydney Morning Herald said two Indian spies were booted out, the Australian Broadcasting Corporation did not mention any number.

Sebi bans Kishore Biyani, others from securities mkt for one year

Sebi bans Kishore Biyani, others from securities mkt for one year

Rediff.com3 Feb 2021

Sebi on Wednesday barred Kishore Biyani and certain other promoters of Future Retail Ltd from the securities market for one year for indulging in insider trading in the shares of the company. Apart from Kishore Biyani, who was the CMD and promoter of Future Retail Ltd (FRL), others facing ban are Future Corporate Resources Pvt Ltd, Anil Biyani and FCRL Employee Welfare Trust. In addition, the regulator has imposed a fine of Rs 1 crore each on Kishore Biyani, Anil Biyani and Future Corporate Resources. Besides, they have been asked to disgorge Rs 17.78 crore for the wrongful gains made by them.

This Tata Stock Has Outperformed Sensex

This Tata Stock Has Outperformed Sensex

Rediff.com27 Sep 2024

In calendar year 2024, the stock price of Trent has zoomed 160% As compared to the 18% rally in the BSE Sensex during the same period. It has outperformed the market in the past 10 consecutive years.

Sebi attaches bank, demat, MF accounts of Mehul Choksi

Sebi attaches bank, demat, MF accounts of Mehul Choksi

Rediff.com15 Jun 2023

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of fugitive businessman Mehul Choksi to recover dues totalling Rs 5.35 crore. The latest decision has been taken after Choksi failed to pay the fine imposed on him in October 2022 by Sebi in a case pertaining to indulging in fraudulent trading in the shares of Gitanjali Gems Ltd. Choksi, who was the chairman and managing director as well as part of the promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi, both of whom are facing charges of defrauding state-owned Punjab National Bank (PNB) of more than Rs 14,000 crore.

Sebi issues Rs 5.35-cr demand notice to Mehul Choksi

Sebi issues Rs 5.35-cr demand notice to Mehul Choksi

Rediff.com18 May 2023

Sebi on Thursday sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in the shares of Gitanjali Gems Ltd and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days. The demand notice came after Choksi failed to pay a fine imposed on him by the Securities and Exchange Board of India (Sebi). Choksi, who was the chairman and managing director as well as part of promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi.

America Stoops to Conquer

America Stoops to Conquer

Rediff.com7 Nov 2024

The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

SC asks NDTV promoters to give info on shares, market cap by Friday

SC asks NDTV promoters to give info on shares, market cap by Friday

Rediff.com28 Jan 2021

The Supreme Court Thursday asked NDTV promoters Prannoy Roy and Radhika Roy to give a statement on shares indicating the current market value which they would like to deposit as security with market regulator Sebi under the order of the Securities Appellate Tribunal (SAT).

US appeals court denies Rajat Gupta's petition to rehear case

US appeals court denies Rajat Gupta's petition to rehear case

Rediff.com15 Jul 2014

A full panel of the 2nd US Circuit Court of Appeals yesterday denied Gupta's petition for 'panel rehearing, or, in the alternative, for rehearing en banc'.

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

India Should Be Battle Ready With China

India Should Be Battle Ready With China

Rediff.com14 Aug 2024

'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).

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.

B'desh crisis: 'India will have to be very vigilant on border'

B'desh crisis: 'India will have to be very vigilant on border'

Rediff.com6 Aug 2024

'Everyone in Dhaka today is aware that that they need good relations, normal relations with India, but the question... but it's premature to think about that now, right now it is a crisis moment'

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

Don't Burst Crackers At Tiger 3 Shows: Salman

Don't Burst Crackers At Tiger 3 Shows: Salman

Rediff.com13 Nov 2023

Bollywood superstar Salman Khan requested his fans not to burn firecrackers in theatres during Tiger 3 screenings.

US court to rehear Rajat Gupta's appeal against conviction

US court to rehear Rajat Gupta's appeal against conviction

Rediff.com5 Feb 2016

Rajat Gupta was convicted in 2012 of passing illegal tips about Goldman Sachs to Galleon Group founder Raj Rajaratnam.

SC to hear Kolkata rape-murder case first on Tuesday

SC to hear Kolkata rape-murder case first on Tuesday

Rediff.com20 Aug 2024

A bench headed by Chief Justice DY Chandrachud, which had taken cognisance of the incident, has kept the matter on top of the cause list for hearing at 10:30 am on Tuesday.

Rajaratnam plea against conviction thrown out

Rajaratnam plea against conviction thrown out

Rediff.com17 Aug 2011

A US court has denied a bid by billionaire hedge fund founder Raj Rajaratnam, convicted in May this year on insider trading charges, to reverse the verdict handed by the jury in his case.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Indian portfolio manager in US fined $500,000

Indian portfolio manager in US fined $500,000

Rediff.com25 Oct 2014

Reema Shah pleaded guilty to insider trading and cooperated with the US government for accepting insider info from a Yahoo! executive

US apex court denies Rajat Gupta's appeal against lifetime ban

US apex court denies Rajat Gupta's appeal against lifetime ban

Rediff.com13 Jan 2015

The ruling by the Supreme Court was made in a parallel civil insider trading case brought against Gupta by federal regulator Securities and Exchange Commission.

Eligible for settling market trading violatons? Details soon

Eligible for settling market trading violatons? Details soon

Rediff.com6 May 2016

The framework does not allow settling of serious violations that have 'market-wide impact'.

Want to maintain trade, political ties with India: Taliban leader

Want to maintain trade, political ties with India: Taliban leader

Rediff.com30 Aug 2021

"We attach great importance to our trade, economic and political relations with India and want to maintain that relation," Stanekzai said.

Restoration of J-K statehood after assembly polls: Amit Shah

Restoration of J-K statehood after assembly polls: Amit Shah

Rediff.com8 Sep 2024

On the Opposition's poll promise of statehood restoration, Shah said, "I want to ask Farooq Abdullah and Rahul Gandhi, who is going to restore the statehood. You cannot give it back. Why are you misleading the public?"

Rajat Gupta pens inside story of his rise and fall

Rajat Gupta pens inside story of his rise and fall

Rediff.com12 Apr 2016

The memoir tells the story of his meteoric rise and equally dramatic fall.

How Madhabi Puri Buch Is Changing Sebi

How Madhabi Puri Buch Is Changing Sebi

Rediff.com20 Jun 2022

Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.

MF Reduced PSU Holdings Pre-Election

MF Reduced PSU Holdings Pre-Election

Rediff.com13 Jun 2024

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.

The Cult of Mithun Chakraborty

The Cult of Mithun Chakraborty

Rediff.com30 Sep 2024

National-award winning actor, producer, hotelier, ex-politician, cricket team owner, philanthropist, highest tax payer, reality show judge, animal lover and, above all, people's hero -- Mithun Chakraborty -- who has been conferred the Dadasaheb Phalke Award -- is truly a force of nature, notes Sukanya Verma.

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