Later addressing a public meeting in Varana, Gandhi asked Modi to respond to allegations of manipulative share trading by a firm linked to Gujarat Chief Minister Vijay Rupani.
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds
Subrata Roy was arrested in March 2014 after the company failed to comply with a court order to refund money raised from millions of small investors by selling them bonds later ruled to be illegal.
Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
The tribunal, which had concluded its hearings on two petitions from RIL on January 6 and reserved its order for an unspecified date, set February 24 for the next hearing.
The government on Friday informed the Parliament that Sebi has discovered discrepancies in the claims by the bondholders and the database provided by Sahara Group in the Rs 20,000-crore (Rs 200 billion) investors money refund case.
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.
To facilitate such restrictions on entities found to have 'wilfully' defaulted on bank loans, the Reserve Bank is exploring ways to share details of these defaulters with Sebi on a real time basis.
The company's accounts were audited by CAG as its shareholders include public sector banks.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The proposed tax exemptions and benefits notwithstanding, these new investment instruments would still be 'revenue accretive' for the government in the form of additional taxes.
Sebi's independence and credibility is important to keep our financial markets attractive for global investors, which in turn is critical to drive economic growth.
Sebi has been probing Prayag Group for allegedly running unauthorised collective investment scheme and for defaulting in repayments to various small investors.
RPTs are globally recognised as an important component of the ease of business index.
In their advertisements to attract investors to public offers, companies can be more creative and innovative as long as they are not misleading and contain necessary disclosures of associated risks and other facts, Sebi chief U K Sinha feels.
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Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.
Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
The latest outflow comes after a net pull-out of Rs 33,135 crore from the debt securities in June.
The Union cabinet on Saturday recommended re-promulgation of the controversial land acquisition ordinance. The land ordinance will be issued for the third time.
Sebi had given the exchanges a 2-year window to comply or exit.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits (USL) chairman Vijay Mallya.
This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.
The stock fell by 24.5 per cent to its 52-week low level of Rs 111.25 in opening trade at the BSE.
Sebi has long struggled with balancing the needs of small investors and those of the market.
The Supreme Court is likely to pronounce on Wednesday its verdict on a plea of jailed Sahara Group chief Subrata Roy seeking modification of an earlier order asking him to pay Rs 5,000 crore (Rs 50 billion) in cash besides a bank guarantee of an equivalent amount for securing his release.
Sebi had last year put in place a separate regulatory regime for REITs.
MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.
The bench said it is evident that there was a difficulty for the group to sell its properties to arrange Rs 36,000 crore
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
More than 900 entities have been banned from the capital markets by Sebi
Mirach said it has remitted $2.625 million to the Sebi-Sahara Fund.
Key relaxations traced in final regulations.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
Most e-commerce firms with 'Singapore holding structures' would opt out of the new Sebi platform
The proposed 'Investor Survey' would cover the entire country -- 29 states and 7 union territories -- and would have a sample size of approximately 50,000 households and 1000 market participants.
There has also been some easing of norms, allowing foreign direct investment to come into relatively small projects of 20,000 sq metres.
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