SEBI

  • Sebi-DLF case: Assocham questions role of intermediaries 4 days ago

    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 5 days ago

    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 6 days ago

    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 6 days ago

    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 6 days ago

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • News 360: Cyclone Hudhud leaves massive damage in Andhra, Odisha 6 days ago

    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 6 days ago

    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...
  • Sebi chief UK Sinha launches Indian Crossword League September 14, 2014

    Mumbai: A group of enthusiasts on Sunday launched the second edition of the Indian Crossword League or IXL 2014, which will involve a combination of online and offline puzzlesolving contests. The contest, which is open for Indians across the globe, will culminate on December 21, the 101st anniversary of the crossword,...
  • PACL to move Tribunal against Sebi order August 22, 2014

    New Delhi: Facing a Sebi order with charges of running an illicit money pooling scheme worth about Rs 50,000 crore, PACL Ltd on Friday said it will approach the Securities Appellate Tribunal against the directive of the capital markets regulator. "Sebi has unfortunately failed to recognize the submissions of the company...
  • Sebi cracks down on Rs 50,000 crore moneypooling scheme August 22, 2014

    New Delhi: In its biggestever crackdown on a largescale illicit money pooling scheme estimated at nearly Rs 50,000 crore, regulator Sebi on Friday ordered immediate closure of unauthorised collective investment schemes run by PACL Ltd and refund of investors' money within three months. Besides, the capital markets regulator also said it...
  • Arun Jaitley asks SEBI to guard against market violations August 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Sunday asked market regulator Securities and Exchange Board of India (Sebi) to be vigilant against possible market violations, while focusing more on attracting retail investors and addressing their grievances. "The minister advised Sebi to remain vigilant about probable violations in the market, focus more...
  • Bring more retail investors to market: Jaitley to Sebi August 10, 2014

    New Delhi: Pitching for greater transparency in rulemaking and other functions of regulators, Finance Minister Arun Jaitley on Sunday asked Sebi to work towards attracting more retail investors to the capital markets. Addressing the board of the capital markets regulator, Jaitley also asked Sebi to consider new measures to address issues...
  • Sebi bars two firms for raising funds illegally via securities August 8, 2014

    Mumbai: Sebi on Friday barred Falkon Industries India and Ravi Kiran Realty India and from raising funds through issue of securities and has also barred the companies and their respective directors from dealing in the securities market, till further directions. The capital market regulator found that Falkon Industries India had raised...
  • Judicial Appointments Bill in parliament likely next week July 29, 2014

    New Delhi: Government is considering bringing the Judicial Appointments Bill in Parliament next week after consultations within the party. According to sources, the government is initiating discussions within to bring the new bill for appointments in the judiciary to help bring transparency in the process of judicial appointments. The issue gained...
  • 50 HIVpositive children win hearts with entertaining stage show July 28, 2014

    Some 50 HIVpositive children danced to a medley of Bollywood songs through the ages and staged an impressive play to a packed auditorium in Jaipur over the weekend, as their adopted home, nonprofit Rays Aasha Ki Ek Kiran, celebrated its annual day. The 45minute satirical play, entitled "Muhammad Bhai ki Jootiyan"...
  • Sahara chief seeks SC permission to shift to Tihar guest house July 25, 2014

    New Delhi: Sahara chief Subrata Roy, currently in jail on charges of investor fraud, wants to shift into a guest house in Tihar Jail. He has moved the Supreme Court for the same saying he needs to hold negotiations to sell his assets in India and abroad to meet his...
  • Sebi orders demat, bank account freeze in Mega Corporation case July 15, 2014

    Mumbai: Market watchdog Sebi has ordered attachment of bank and demat accounts of five individuals to recover dues worth over Rs 1.66 crore in Mega Corporation case. The Securities and Exchange Board of India (Sebi) has to recover Rs 40.95 lakh from Vivekanand Patankar, Rs 40.71 lakh from Deepak Narvekar, Rs...
  • Market watchdog Sebi opens office in Lucknow July 4, 2014

    Market watchdog Sebi on Firday opened an office in Lucknow as part of its efforts to reach out to investors and intermediaries. The new office will cater to regulatory aspects of investor protection among other issues. Rajeev Kumar Agarwal, Whole Time Member of Sebi, inaugurated the Lucknow office, in the presence of...
  • Subrata Roy urges SC to show 'mercy' by granting interim bail July 4, 2014

    New Delhi: The Supreme Court on Friday reserved its order on interim bail plea of Sahara chief Subrata Roy who pleaded to the court to show 'raham'(mercy) and allow him to come out of jail to sell off his properties to deposit Rs 10,000 crore with SEBI as directed to...
  • SC seeks SEBI's response on Sahara's plea to sell overseas hotels July 4, 2014

    New Delhi: The Supreme Court on Thursday asked market regulator SEBI to respond to Sahara group's plead to permit it to sell its three overseas hotels to mobilise Rs.10,000 crore as a part repayment of investors money raised by its two companies a condition for the release of jailed...
  • IT moves SC with a tax demand of Rs 4,800 crore from Sahara July 3, 2014

    New Delhi: There seems to be more trouble for the Sahara Group as the Income Tax department has now approached the Supreme Court with a tax demand of Rs 4,800 crore for the last 3 years. This comes even as Sahara chief Subrata Roy has sought an interim bail of...
  • Sebi chief to meet Arun Jaitley on Thursday July 2, 2014

    New Delhi: Days ahead of the Budget, Sebi chairman U K Sinha will meet Finance Minister Arun Jaitley on Thursday and is likely to suggest steps to improve investment climate with a view to garner household savings in capital market. In his presentation, sources said Sinha will press for measures...
  • Rs 3,117 crore deposited with SEBI: Sahara to SC June 30, 2014

    New Delhi: The Sahara group on Monday filed an affidavit in the Supreme Court stating it has deposited Rs 3,117 crore so far with SEBI and that it is trying to raise more money to meet the condition of paying Rs 5,000 crore to get bail for its chief Subrata...
  • Sebi board to meet tomorrow; slew of reform measures on agenda June 18, 2014

    New Delhi: Capital markets regulator Sebi is set to announce a slew of measures, including IPO and Offer for Sale reforms, to give a boost to the primary markets and make it easier for companies to raise funds. These issues, along with new guidelines for research analysts, common Know Your Client...
  • Jaitley underlines need to lower cost of business to up growth June 7, 2014

    Mumbai: Ahead of the union budget, Finance Minister Arun Jaitley met financial sector regulators in Mumbai on Saturday. The meeting was to discuss the current financial and economic indicators. The meeting was also to take up suggestions on the forthcoming policy of the goverenment. Jaitley has been holding a series...
  • Sebi orders banks to defreeze indvidual bank accounts June 3, 2014

    Mumbai: Sebi on Tuesday asked banks for defreezing bank and demat accounts of one D V Sekhar as the market regulator recovered Rs 1 lakh due from defaulter. The Securities and Exchange Board of India (Sebi), on January 15 this year, had attached bank and demat accounts of Sekhar to recover...