SEBI

  • UK Sinha keeps markets guessing on trading on Budget day 6 days ago

    Mumbai: Sebi is yet to take a call on opening stock markets on Budget day, which falls on a Saturday, its chairman UK Sinha said on Friday. Finance Minister Arun Jaitley will present the first full Budget of the Prime Minister Narendra Modi-led government on February 28 amidst heightened expectations...
  • Realtors seek tax sops, lower rates for home buyers in Budget 1 week ago

    New Delhi: The real estate industry on Thursday sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand. Besides, it sought infrastructure status for housing. Addressing a real estate conference organised by RICS, CREDAI President (Elect) Getamber Anand said the government...
  • Sahara moves Supreme Court for extension of facilities to Subrata Roy in jail by 6 weeks February 17, 2015

    New Delhi: Supreme Court on Tuesday expressed concern over how Sahara Group would raise money to secure its chief Subrata Roy's release, as the group sought extension of facilities inside Tihar jail premises by four to six weeks to enable him negotiate deals with prospective buyers. The apex court expressed concern...
  • FIIs pour Rs 10,000 crore in Indian capital markets in two weeks February 15, 2015

    New Delhi: Overseas investors have pumped in over Rs 10,000 crore in Indian capital markets in the first two weeks of this month on hopes of a pro-growth budget and rising expectations the government will accelerate reforms. The fund inflow this month takes the investment to above Rs 43,000 crore (USD...
  • SEBI-Sahara row:RBI moves SC to stop SIFCL from selling assets February 13, 2015

    New Delhi: In a fresh turn of events in the Sahara case, RBI on February 13 moved to the Supreme Court seeking to implead itself as a party in the company's tussle with SEBI and sought to stop one of its firms from disposing off assets for securing the release...
  • Sebi lowers Sahara case expense estimates to Rs 25.88 crore February 1, 2015

    New Delhi: As a prolonged Sebi-Sahara battle continues, the regulator has revised lower the expenditure it intends to recover from the business group to Rs 25.88 crore in the current fiscal towards money spent on identifying the investors and making refunds. As per the court orders, Saharas were asked to bear...
  • DGCA lifts curb on advance bookings, Centre clears SpiceJet plan January 22, 2015

    New Delhi: In a major relief to the budget carrier SpiceJet, DGCA on Thursday allowed the airline to accept advance bookings beyond March 31 even as the government gave initial nod to its revival plan, which has now been referred to market regulator Sebi to examine whether the funding by...
  • SC allows Sahara group's proposed loan transaction from abroad for raising funds January 9, 2015

    New Delhi: In a relief for Subrata Roy, the Supreme Court on Friday allowed the Sahara Group to go ahead with its proposed loan transaction from abroad for raising funds to ensure release of Subrata Roy from jail. As per court's directions Sahara Group will have to seek permission from Reserve...
  • SC refuses to free Sahara's Subrata Roy from custody December 17, 2014

    New Delhi: The Supreme Court on Wednesday declined Sahara Group chief Subrata Roy's plea for release from jail along with his two other directors. The trio were taken into custody March 4 for non-compliance of Aug 31, 2012, order to return investors' money that Sahara's two real estate companies - Sahara...
  • Sahara awaits court verdict that may give jailed chief Subrata Roy freedom December 17, 2014

    New Delhi: Embattled conglomerate Sahara is readying for a court verdict on Wednesday that will determine if it can take on a new loan and refinance debt on its overseas hotels, including the Plaza in New York, to secure the release of its jailed chief. Sahara Chairman Subrata Roy has been...
  • Sahara to sell Mumbai, Jodhpur land parcels for Rs 1,251 crore December 7, 2014

    New Delhi: After selling land in Gurgaon for Rs 1,211 crore recently, Sahara group is believed to have finalised two more land parcels deals - one in Mumbai and another in Jodhpur - for over Rs 1,250 crore. Besides, talks are in final stages for sale...
  • Sahara permitted by SC to sell 4 properties worth over Rs 2700 crore December 2, 2014

    New Delhi: The Supreme Court on Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy. The court allowed the group to...
  • Checks are in place to prevent illicit fund flows: MoS Finance November 28, 2014

    New Delhi: To prevent illicit money flows into capital markets, authorities have put in place advanced risk management mechanism and other systems, the government said on Friday. Besides, market regulator SEBI has warned stock exchanges regarding probable inflow of funds from terror groups. "SEBI maintains constant vigil...
  • Sahara moves Supreme Court, seeks relief for Subrata Roy on deteriorating health condition November 25, 2014

    New Delhi: The Sahara group moved Supreme Court on Tuesday and appealed for relief for its chief Subrata Roy on his deteriorating health condition. The Supreme Court has said that they can only direct Tihar jail to give necessary treatment to Roy. The move comes a day after the Central Board of...
  • I-T seizes over Rs 135 crore cash, jewellery from Sahara group November 24, 2014

    New Delhi: The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges. Sources said that the department made one of its...
  • SEBI approves new insider trading rules November 19, 2014

    Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday approved new insider trading rules that will replace a two-decade old law seen as inadequate to curb trading violations. The new rules, which are based on recommendations that were first revealed late last year, broaden the scope of who can...
  • SEBI's investor protection project may get an overhaul in board meeting today November 19, 2014

    New Delhi: SEBI chief UK Sinha's pet project, investor protection, is all set to get a fillip. Following the recommendations of the Justice RS Sodhi panel and public comments received last December, the SEBI board will overhaul existing norms, beginning with the tweaking of the very definition of an insider. Sources...
  • Sebi bars MRDT, MRDF from fund raising via issue of securities October 27, 2014

    Mumbai: Market regulator Sebi barred Madurai Rural Development Transformation India and its group firm from raising funds from investors through issuance of securities and also restricted the companies and its directors from dealing in capital markets. The Securities and Exchange Board of India (Sebi) found that Madurai Rural Development Transformation...
  • DLF ban: Mutual Funds say Sebi should not enforce all its rules on them October 26, 2014

    Mumbai: As DLF is unable to redeem mutual funds worth Rs 2,500 crore in view of Sebi's ban on the largest builder in a case pertaining to its IPO in 2007, MFs have said that the capital market regulator should not enforce all its rules on them. "As a sectoral regulator,...
  • Sebi-DLF case: Assocham questions role of intermediaries October 15, 2014

    New Delhi: Terming Sebi's action against DLF as "harsh", industry body Assocham on Wednesday questioned the role of merchant bankers, advisors and other intermediaries involved in a public offer process and said "regulatory activism" should not hamper business environment. Sebi has slapped a three-year ban on realty major DLF as well...
  • Sebi-DLF saga: One complainant and 'housewife' shareholders October 14, 2014

    New Delhi: It was an individual complainant, seeking action against Rs 34 crore he was allegedly duped, and "sham transactions" involving three 'housewives' that has led to regulator Sebi coming hard on the country's biggest real estate developer DLF and its top executives. The case, in which Sebi has imposed a...
  • DLF shares fall by 25 per cent after Sebi's 3-year ban order October 14, 2014

    Mumbai: Share price of realty giant DLF on Tuesday tanked by nearly 25 per cent - probably its biggest one-day fall - on the back of Sebi imposing a three-year ban on the company and its top executives from securities markets. The stock fell by 24.5 per cent to its...
  • Bullet News: Catch the day's top stories October 13, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Anubha Bhonsle October 13, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • News 360: Cyclone Hudhud leaves massive damage in Andhra, Odisha October 13, 2014

    Cyclone Hudhud, which hit the Andhra Pradesh and Odisha coastline on Sunday, has left behind a trail of massive destruction. ...
  • SEBI bars DLF, its chairman among others from securities markets for 3 years October 13, 2014

    Mumbai: In a set back to the realty gaint DLF, the market regulator SEBI has barred the company and its chairman KP Singh along with vice chairman Rajiv Singh among others from securities markets for next 3 years after finding the company guilty of "active and deliberate suppression" of material...
  • Jammu and Kashmir: Sebi donates Rs 9.10 lakh for relief work October 10, 2014

    Mumbai: Sebi has made a contribution of Rs 9.10 lakh towards Prime Minister's National Relief Fund to help victims of floods in Jammu and Kashmir. "As a way of contribution to the relief effort for the victims of flood affected areas in Jammu and Kashmir, staff members of Sebi have...
  • Government looking at merging FMC with Sebi October 5, 2014

    New Delhi: The government is considering a proposal to merge the Forward Markets Commission (FMC) with capital market regulator Sebi to ensure better monitoring of the commodity futures market. "One of the options being considered by the government is merging FMC with Sebi," said a...
  • Ponzi schemes: Lawmakers quiz regulators, ministry officials September 18, 2014

    New Delhi: Lawmakers on Thursday quizzed officials of RBI, SEBI and the government about the steps being taken to avoid recurrence of fraudulent moneypooling activities like Saradha scam. The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or...
  • Saradha scam: SFIO completes probe, says 14 firms were running 'ponzi schemes' September 15, 2014

    New Delhi: The Serious Fraud Investigation Office of the Ministry of Corporate Affairs on Monday completed its probe into the multicrore Saradha scam and said 14 firms were running 'ponzi schemes'. Investigations have revealed that primary source of payments to subscribers was collections made from newly enrolled members rather than...