Sebi chief U K Sinha questioned the credibility and feasibility of Shara's refund claims.
The militants belonged to the banned United National Liberation Front, People's Liberation Army, Kangleipak Communist Party, Kanglei Yawol Kann Lup, People's Revolutionary Party of Kangleipak and People's United Liberation Front
In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.
Market regulator Sebi on Friday said it is yet to receive "all papers" in the high profile Sahara case where the Supreme Court has directed two group companies to refund money to bond holders.
Attempts like the cross-border tunnel in the Samba sector are likely to vitiate efforts meant to develop trust between India and Pakistan through confidence building measures, Border Security Force chief U K Bansal said on Thursday.
The Sudanese Embassy on Friday denied that one of its Olympic runners had applied for asylum in the U.K, contradicting previous reports.
The states have terminated the contract of Alliance Air for its inefficiencies.
The chairman said if companies want to raise money, they should follow rules of the game.
Andy Murray is coming off a season in which he became the first British man in 76 years to win a Grand Slam singles title and won Olympic gold at the London Games but the Scot does not think he has done enough to deserve a knighthood yet.
Subhash Joshi was on Tuesday appointed as the new chief of Border Security Force while special secretary in the home ministry Ajay Chadha would now head the Indo-Tibetan Border Police, while special director general of BSF Arvind Ranjan has been appointed as director general, NSG.
Sebi has directed promoters of all listed private sector companies to ensure they comply with minimum public holding of 25 per cent by June 2013.
Concerned over the non-performance of some schemes over a long period of time, Sebi Chairman U K Sinha said that fund houses need to look into the matter and consider merger of some schemes.
Companies will not be able to access the capital market for at least one year if their IPO documents are rejected by market regulator Sebi, while managers of such public issues would also face penal action.
In an interview with Santosh Tiwari, Sebi Chairman U K Sinha also says he is not against consent orders, but is in favour of a predictable and transparent process.
Director General of Border Security Force U K Bansal is scheduled to visit Jammu and Kashmir's Samba sector on Thursday to review the situation arising after the detection of a 400-metre-long cross-border tunnel in the sector. Bansal will arrive in Srinagar on Thursday morning from New Delhi and visit Chachwal border belt on the India-Pakistan border in Samba sector, the BSF official said.
Market regulator Sebi has set a one-year target to complete investigations, saying that the long-drawn probe processes are a thing of past and manipulators can't escape the long arm of the law.
The court passed the order on a PIL filed by one Arun Kumar Aggarwal seeking quashing of Sinha's appointment.
The Border Security Force is keen to have direct communication over the phone with their counterparts in Pakistan on any matter of concern along the border, as it is the case of Indo-Bangladesh border, BSF Director General U K Bansal said in Shillong on Thursday.
Petition was filed by former IAF chief S Krishnaswamy and retired IPS officer Julio Ribeiro.
Trading would be conducted during normal hours.
Preliminary investigations into the Delhi high court bomb blast have indicated that a nitrate-based explosive was used.
Apart from consent orders, it has been decided to take fast and stringent action in surveillance and investigative cases in the coming months.
Rajasthan Chief Minister Ashok Gehlot on Friday escaped unhurt when the helicopter carrying him made an emergency landing in Churu district after one of its rotor blades got damaged.
The next chairman at the country's largest lender could enjoy a four-year tenure.
The chairman's post will soon fall vacant, but that's not the only one that needs to be filled.
NSE's Ramakrishna and ING Vysya Bank's Bhandari front runners for the post.
About 2 kilograms of explosives were used in the blast outside Delhi high court on Wednesday morning which killed at least 11 people and injured over 76 others, the Union home ministry said.
The government on Friday ruled out recalling the '50 most wanted' list given to Pakistan after two more fugitives figuring in it were traced in India, but said the document is being reviewed. "The entire list is being reviewed. We have no plan to recall the list from Pakistan," U K Bansal, secretary, internal security in the home ministry told reporters."The responsibility has been fixed as it is a matter of internal importance. The issue is being probed," he said.
Minority shareholders are disappointed after the Securities and Exchange Board of India (Sebi) increased the size of the mandatory open offer from 20 per cent to 26 per cent, ignoring the Achuthan panel's recommendation of giving all shareholders an exit option.
The latest request has been made by Sebi chairman U K Sinha after his predecessor C B Bhave failed at least twice in his attempts to secure an authorisation for Sebi to tap phone for its surveillance and investigative actions.
The Sebi chief said the exchange board has taken a number of measures in recent past.
The Indian government on Friday said the verdict in the Tahawwur Rana case in a United States court, holding the Pakistani-Canadian not guilty for the 26/11 Mumbai attacks, is not a setback. The government said India does not rely overtly on prosecution of terror suspects in other countries.
An electrical engineer by education and an IAS officer of 1975 batch, Bhave engineered and administered numerous changes in Indian markets ever since taking charge as Chairman of the Securities and Exchange Board of India on February 17, 2008.
Regulator proposes mutual fund model for infrastructure debt funds.
Sinha said the market volatility is due to global developments.
U K Sinha, new Sebi chairman had, in an interaction with its MF division, made his view clear on the need for some moves to spur overall development for the sector, persons familiar with the development said.
Casting a wider net, the CBI on Friday conducted searches at the premises of certain Organising Committee (OC) officials in Delhi in connection with the multi-crore CWG overlays scam.
Special Secretary (Internal Secretary) U K Bansal met Solicitor General Gopal Subramanium on Tuesday night and discussed with him about the options available before Indian investigators to question Headley under the plea bargain agreement between him and the American government.
U K Sinha said the equity market also helps in the growth of the Indian economy as the money invested in equities is utilised for infrastructure-building
Sinha will take over on February 17 next year when incumbent C B Bhave's term ends
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