Sebi
-
Sebi orders LIC, SBI, Bank of Baroda to reduce stake in UTI below 10 per cent
Business | Dec 07, 2019, 12:00 AM ISTMarkets regulator Sebi on Friday directed three public sector financial institutions -- LIC, SBI and Bank of Baroda -- to dilute their stakes to below 10 per cent in UTI Asset Management Company (AMC) by December next year.
-
Sebi not to take action on complaints without supporting documents, identity disclosure
Business | Dec 06, 2019, 02:25 PM ISTMarkets regulator Sebi said it will entertain only those complaints, where an investor discloses his identity and provides supporting documents to substantiate an allegation. The Securities and Exchange Board of India (Sebi) in a statement said, it will not take any action on complaints, where it is not able to reach back to the complainants.
-
Karvy case: 90% investors get back their securities on prompt Sebi action
Business | Dec 02, 2019, 05:19 PM ISTMarkets regulator Sebi's prompt action against Karvy Stock Broking Ltd (KSBL) has resulted in nearly 83,000 investors getting back their securities, which were illegally transferred by the broker to its own account and were even pledged without any authorisation.
-
ICICI Securities settles with Sebi case of alleged violation of stockbroker norms
Business | Nov 28, 2019, 05:06 PM ISTICICI Securities Ltd has settled with markets regulator Sebi a case of an alleged violation of stockbroker norms by paying over Rs 28 lakh towards settlement charges.
-
Sebi hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr
Business | Nov 20, 2019, 06:13 PM ISTMarkets regulator Sebi on Wednesday approved stricter disclosure norms for listed companies on loan defaults and revised its regulations for portfolio managers as well as for rights issue of shares.
-
SC stays SAT's order holding that Sebi lacks power to bar auditors
Business | Nov 18, 2019, 06:47 PM ISTA bench comprising Justices Arun Mishra and Indira Banerjee also issued notice on the appeal filed by the Securities and Exchange Board of India (SEBI) against the SAT's September 9 order.
-
Sebi levies Rupees 37 lakh fine six firms fraudulent trading
Business | Nov 18, 2019, 04:34 PM ISTVinayaka Finlease Pvt Ltd, Hi-Tech Chemicals Pvt Ltd, Hi-Tech Heritage Ltd, Gradgrind Barter Pvt Ltd, Toplight Commercials Ltd and Wrinkle Marketing Pvt Ltd are the firms facing penalty.
-
Individual settles case of alleged fraudulent trading with Sebi by paying over Rs 2.3 cr
Business | Nov 14, 2019, 05:17 PM ISTIt was alleged that a group of financiers provided finance to key operators towards making multiple applications in the IPOs and cornered a large number of shares reserved for retail individual investors (RIIs) and following the receipt of IPO allotment, the shares were transferred by the allottees to the key operators through an off-market transaction
-
PC Jeweller stock jumps 11 per cent as Co settles case with Sebi
Business | Nov 06, 2019, 12:58 PM ISTThe company paid Rs 19,12,500 towards full and final settlement of the alleged default, according to an order on Tuesday.
-
SEBI issues circular on Aadhaar e-KYC for investors
Business | Nov 05, 2019, 07:41 PM ISTThe circular mentions about the requirements to be fulfilled by entities registered with the UIDAI as KYC User Agency (KUA) as well as for sub-KUA.
-
Sebi tightens norms for listed banks on bad loan disclosures
Business | Oct 31, 2019, 06:02 PM ISTAccordingly, the market regulator has decided that "listed banks shall make disclosures of divergences and provisioning beyond specified threshold, as mentioned in aforesaid RBI notifications, as soon as reasonably possible and not later than 24 hours upon receipt of the Reserve Bank's Final Risk Assessment Report (RAR), rather than waiting to publish them as part of annual financial statements".
-
SEBI levies Rs 40 lakh fine on 8 entities for fraudulent trading
Business | Oct 30, 2019, 06:47 PM ISTMarkets regulator Sebi on Wednesday levied a total fine of Rs 40 lakh on eight entities for executing fraudulent trades in illiquid stock options on the BSE.
-
SEBI levies Rs 22 lakh fine on 3 entities for fraudulent trade
Business | Oct 25, 2019, 03:44 PM ISTCapital markets regulator Sebi has levied a total penalty of over Rs 22 lakh on three entities for indulging in fraudulent trading in the illiquid stock options segment on the BSE.
-
SEBI starts probe against Infosys over whistleblower charges
Business | Oct 23, 2019, 06:04 PM ISTMarkets regulator Sebi has begun its probe into alleged non-disclosure of price-sensitive information by Infosys' management and also corporate governance lapses in the wake of serious allegations levelled by a whistleblower, while it is also examining possible insider trading in the company's securities.
-
SEBI levies Rs 20.4 lakh fine on 4 firms for fraudulent trade
Business | Oct 21, 2019, 07:22 PM ISTCapital markets regulator Sebi has fined four firms a total amount of Rs 20.4 lakh for carrying out fraudulent trading in the illiquid stock options segment of the BSE.
-
SEBI tightens norms for resignation of auditors
Business | Oct 18, 2019, 11:39 PM ISTIn the wake of a number of resignations in listed companies off late, the Securities and Exchange Board of India (Sebi) on Friday floated stricter disclosure norms for resignation of auditors.
-
PACL investors' refund applications under process: SEBI
Business | Oct 16, 2019, 07:02 PM ISTMarkets regulator Sebi on Wednesday said applications filed by investors of PACL for claims up to Rs 5,000 are currently being processed for making refunds. In February, the markets watchdog asked investors of PACL to submit their refund applications to the panel headed by retired Justice R M Lodha till April 30.
-
Madras HC issues notice to SEBI, MCA, ED in NSE co-location case
Business | Oct 10, 2019, 06:01 PM ISTThe Madras High Court has issued notices to the Serious Fraud Investigation Office (SFIO) and the Financial Intelligence Unit (FIU). The High Court has directed the noticees to respond on November 11.
-
Sebi settles Sabero's Organics matter insider trading case for Rs 1 cr
Business | Sep 30, 2019, 05:14 PM ISTSebi, during an investigation between May-June 2011, noted that Coromandel, after a meeting with the representatives of Sabero Organics, informed the bourses about the acquisition of the latter by it.
-
SEBI takes guard against security threats, plans to hire agency
Business | Sep 29, 2019, 10:43 AM ISTMarkets regulator Sebi plans to rope in an agency to identify and classify security holes in its entire information technology infrastructure and suggest measures to mitigate such risks.