UK Sinha

  • Sebi chief UK Sinha launches Indian Crossword League 5 days ago

    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 puzzle-solving contests. The contest, which is open for Indians across the globe, will culminate on December 21, the 101st anniversary of the crossword,...
  • Jaitley underlines need to lower cost of business to up growth June 8, 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...
  • Big or small, all culprits same before Sebi, says UK Sinha December 22, 2013

    In its crackdown against market manipulations and other violations, Sebi goes by facts of the case and the culprits being a big corporate house or a little-known individual become irrelevant, says its chief UK Sinha. "The message and mantra for Sebi is that we go by the facts of the case,...
  • SC upholds appointment of UK Sinha as SEBI chief November 1, 2013

    The Supreme Court on Friday upheld the appointment of UK Sinha as the head of market regulator SEBI. Upholding Sinha's appointment, the apex court bench of Justice SS Nijjar and Justice HL Gokhale said the appointment was made fairly as per procedure. The court said this as it dismissed the petition by...
  • Parl panel to submit report on chit funds in Monsoon session May 31, 2013

    New Delhi: A Parliamentary panel looking into chit funds and ponzi schemes in the backdrop of Saradha scam in West Bengal, will give its recommendations on preventing recurrence of such incidents to Parliament in the forthcoming Monsoon session. "We have completed deliberations on the ponzi schemes and will submit our...
  • There should be a single regulator for all collective schemes: SEBI May 1, 2013

    New Delhi: With lakhs of investors believed to have been defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (SEBI) chairman UK Sinha on Wednesday said there should be a single regulator for all collective investment schemes, including chit funds. "Within the powers given to us,...
  • Sebi seeks strong legislation to check public money collection October 24, 2012

    Mumbai: Market watchdog Sebi has asked the government to frame a strong central legislation to tackle the menace of companies collecting large amount of money from the public without requisite regulatory approvals and for dubious investment projects. Stating the existing legal provisions are weak and allow such companies to benefit...
  • Centre gets SC notice on SEBI chief's appointment September 26, 2012

    New Delhi: The Supreme Court on Wednesday issued notices to Securities and Exchange Board of India (SEBI) Chairman UK Sinha and the Central Government on a PIL that questions the manner of his appointment as the market regulator's chief. The PIL alleges that Sinha suppressed facts pertaining to receiving remuneration...
  • New IPO norms in a few months, says SEBI Chief March 27, 2012

    Gurgaon: SEBI on Monday said it will come out with new norms for Initial Public Offer (IPO) in the next few months as the capital market regulator aims at ensuring minimum price volatility on the day of listing. "May be in next few months," Securities and Exchange Board of India...
  • SC dismisses plea against SEBI chief's appointment November 21, 2011

    New Delhi: The Supreme Court on Monday declined to entertain a plea questioning the appointment of UK Sinha as SEBI chairman, saying it is aimed against an individual under the garb of raising legal and constitutional issues. A bench headed by Chief Justice SH Kapadia said this was for the second...
  • Sinha assumes office as 8th SEBI Chairman February 18, 2011

    Mumbai: Upendra Kumar Sinha on Friday took charge as market regulator SEBI's Chairman from the outgoing Chief Chandrashekar Baskar Bhave, who is said to have considerably raised the bar of the institution during his three-year tenure. As the 8th Chairman of the market watchdog, 'UK', as he is known among his...