News for 'sec'

Maharashtra: SEC pulls up Deshmukh

Maharashtra: SEC pulls up Deshmukh

Rediff.com22 Jan 2007

The commission also asked Deshmukh to pay to the state government the expenses incurred during his air travel to Pune and Kolhapur districts last month to attend, what it called, "political and private functions."

Bengal panchayat polls tomorrow, attacks on SEC continue

Bengal panchayat polls tomorrow, attacks on SEC continue

Rediff.com10 Jul 2013

The first phase of the crucial panchayat polls in West Bengal will begin on Thursday even as the ruling Trinamool Congress kept up its attack against the State E1lection Commission.

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

Bagchi obvious choice for I-Sec

Bagchi obvious choice for I-Sec

Rediff.com17 Feb 2011

During his tenure with the group, Bagchi has held several key positions in retail banking, corporate banking and treasury.

SEC slaps $16 mn fine on Diageo for bribery

SEC slaps $16 mn fine on Diageo for bribery

Rediff.com29 Jul 2011

US market regulator SEC has slapped penalties of over $16 million on spirits giant Diageo Plc for indulging in corrupt practices in India, Thailand and South Korea to push up sales of its leading brands like Johnnie Walker.

Sebi Has Strong Case Against Hindenburg

Sebi Has Strong Case Against Hindenburg

Rediff.com4 Jul 2024

If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.

Ram Navami clashes: Situation in Howrah's Kazipara peaceful, Sec 144 still in force

Ram Navami clashes: Situation in Howrah's Kazipara peaceful, Sec 144 still in force

Rediff.com1 Apr 2023

Internet connections remained suspended even as prohibitory order under CrPC Section 144 was still in place in and around the area where several shops and residences were vandalised during the clashes, he said.

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Rediff.com17 Apr 2024

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.

Bengal panchayat poll results will be subject to our final orders: HC

Bengal panchayat poll results will be subject to our final orders: HC

Rediff.com12 Jul 2023

The court directed the State Election Commission, the state government and the central government to file affidavits dealing with all the allegations made in three petitions alleging malpractices.

SEC names 5 specialised unit chiefs

SEC names 5 specialised unit chiefs

Rediff.com14 Jan 2010

The US regulator Securities and Exchange Commission has appointed heads of five new specialised units, in a move to rebuild its enforcement programme.

Bitcoin Beats Equities, Gold In 2023!

Bitcoin Beats Equities, Gold In 2023!

Rediff.com20 Dec 2023

A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Bengal panchayat polls: Cong, govt employees demand more central forces

Bengal panchayat polls: Cong, govt employees demand more central forces

Rediff.com25 Jun 2023

The State Election Commission on Friday informed the Calcutta high court that it has requisitioned 822 companies of central forces for the July 8 panchayat polls in West Bengal.

Govt raises FII limit in G-Secs, corporate bonds

Govt raises FII limit in G-Secs, corporate bonds

Rediff.com24 Sep 2010

The cap in G-Secs and corporate bonds now stands at $10 billion and $20 billion, respectively (up from $5 billion and $15 billion).

Tyson Gay clocks season's best with 9.79sec

Tyson Gay clocks season's best with 9.79sec

Rediff.com6 Jun 2011

American sprinter Tyson Gay notched the world's best 100m record of 2011 with a 9.79sec run at an event in Clermont, Florida.

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

Rediff.com8 May 2023

The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.

Markets: 'India Will Be In A Brighter Position'

Markets: 'India Will Be In A Brighter Position'

Rediff.com8 Aug 2024

'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'

India asks Fitch why it shared confidential info with US SEC

India asks Fitch why it shared confidential info with US SEC

Rediff.com11 Jun 2013

India is concerned that SEC might have influenced rating given to the country by Fitch.

Satyam: Sebi-SEC joint probe unlikely

Satyam: Sebi-SEC joint probe unlikely

Rediff.com9 Feb 2009

US market regulator Security and Exchange Commission and Sebi (Securities and Exchange Board of India) are not in favour of a joint investigation into the Satyam case, a top source said.

Bush's Indian pal under SEC scanner

Bush's Indian pal under SEC scanner

Rediff.com25 May 2008

Dr Zachariah P Zachariah, arguably the most influential Indian- American Republican and a major fund-raiser for the party for more than two decades and a close friend of the Bush family, has been charged with insider trading by the United States's Securities and Exchange Commission.

Right Time To Invest In Govt Bonds

Right Time To Invest In Govt Bonds

Rediff.com4 Nov 2022

Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.

Suyash Jadhav secures 2024 Paris Paralympics quota

Suyash Jadhav secures 2024 Paris Paralympics quota

Rediff.com21 Feb 2024

Indian para swimmer Suyash Jadhav on Wednesday secured the 2024 Paris Paralympics quota in the Men's 50m Butterfly S7 category with his brilliant performance at the previous Asian Para Games.

Bengal panchayat repolling peaceful, 67% voter turnout recorded till 5 pm

Bengal panchayat repolling peaceful, 67% voter turnout recorded till 5 pm

Rediff.com10 Jul 2023

The repolling started at 7 am amid tight security with four central forces personnel deployed in each booth, besides state police. Till 11 am, 10.9 per cent voter turnout was recorded.

CBI shuts case against firm founded by former Mumbai top cop

CBI shuts case against firm founded by former Mumbai top cop

Rediff.com29 Aug 2023

In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.

Asian Indoors: Indians smash their own national records

Asian Indoors: Indians smash their own national records

Rediff.com13 Feb 2023

Jyothi Yarraji and Jeswin Aldrin win silver each in Asian Indoor Athletics Championships

Calcutta HC says primacy of SEC not negotiable

Calcutta HC says primacy of SEC not negotiable

Rediff.com10 May 2013

In a setback to the West Bengal government, the Calcutta high court on Friday directed that panchayat elections in the state be held in three phases using central armed forces on dates decided by the State Election Commission, observing that primacy of the commission was not negotiable.

How Index Funds Can Help Manage Risks

How Index Funds Can Help Manage Risks

Rediff.com21 Dec 2023

Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks

SEC moves to curb trading abuses in MFs

SEC moves to curb trading abuses in MFs

Rediff.com10 Oct 2003

The Securities and Exchange Commission will issue rules next month to curb trading abuses in the mutual fund industry that favour large institutional investors over individual shareholders, SEC Chairman William H Donaldson has said.

Citi defends $75 mn SEC settlement: Report

Citi defends $75 mn SEC settlement: Report

Rediff.com14 Sep 2010

Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.

Centre hopeful of SEC leniency on Satyam

Centre hopeful of SEC leniency on Satyam

Rediff.com16 Feb 2010

The Union government on Monday indicated it was hopeful of a favourable reply from the US Securities and Exchange Commission to a request for being lenient on scam-hit Satyam Computers, thereby allowing it to remain on the rehabilitation track."We are expecting to get a fair judgment (from the SEC)," ministry of corporate affairs' Secretary, R Bandyopadhyay, said here at an interactive session organised by the Bengal Chamber of Commerce and Industry.

ED points to insider trading in NSE case

ED points to insider trading in NSE case

Rediff.com23 Sep 2022

The Enforcement Directorate's (ED's) chargesheet in the National Stock Exchange (NSE) illegal phone-tapping case points to insider trading during the tenures of Chitra Ramkrishna and Ravi Narain as managing director and chief executive officer of the bourse. The federal agency will soon be sharing the details with the Securities and Exchange Board of India (SEBI) for further inquiry, two people aware of the findings told Business Standard. The ED, which filed its prosecution complaint (commonly known as chargesheet), alleged that Narain and Ramkrishna were the "key conspirators" and had assisted iSec Services to generate money to the tune of Rs 24 crore for exchanging crucial information, the people said.

Rajat Gupta should pay $13.9 mn penalty: SEC

Rajat Gupta should pay $13.9 mn penalty: SEC

Rediff.com22 Mar 2014

US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.

Rajat Gupta should pay $15 mn penalty: SEC

Rajat Gupta should pay $15 mn penalty: SEC

Rediff.com16 Nov 2012

The US government has asked a court in New York to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.

Bitcoin rally fuels revival hope for Indian crypto exchanges

Bitcoin rally fuels revival hope for Indian crypto exchanges

Rediff.com8 Mar 2024

The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.

Obama names Schapiro as new SEC chief

Obama names Schapiro as new SEC chief

Rediff.com19 Dec 2008

Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.

'Bond inclusion positive from long term perspective'

'Bond inclusion positive from long term perspective'

Rediff.com11 Oct 2023

'Higher inflows into these securities should lead to lower borrowing costs for the government.'

Farmers protest against proposed IIT site in Goa, Sec 144 imposed

Farmers protest against proposed IIT site in Goa, Sec 144 imposed

Rediff.com14 Sep 2022

South Goa district collector Jyoti Kumari issued orders imposing Section 144 of the Code of Criminal Procedure, 1973.

Amid liquidity crunch, shorter-tenure govt bonds lag 'longer' peers

Amid liquidity crunch, shorter-tenure govt bonds lag 'longer' peers

Rediff.com27 Feb 2024

Short-term government bonds fell behind longer-dated securities in demand this month so far due to a liquidity crunch in the banking system and expectations of a delay in a rate cut, said market participants. Investors have favoured longer-tenure government bonds, or g-secs, with insurance companies and pension funds leading the charge by stocking up on those with maturities of 30 years and more. Preference for longer-term securities was strengthened by the conclusion of the borrowing programme, which compelled institutional investors to fulfil their requirements in the secondary market.

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Rediff.com30 Jun 2022

Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

Rediff.com8 Dec 2022

The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.