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  Sebi orders LIC, SBI, Bank of Baroda to reduce stake in UTI below 10 per cent

  Business | December 07, 2019 0:00 IST

  Markets 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.

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  Sebi not to take action on complaints without supporting documents, identity disclosure

  Business | December 06, 2019 14:25 IST

  Markets 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.

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  Karvy case: 90% investors get back their securities on prompt Sebi action

  Business | December 02, 2019 17:19 IST

  Markets 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.  

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  ICICI Securities settles with Sebi case of alleged violation of stockbroker norms

  Business | November 28, 2019 17:06 IST

  ICICI 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.  

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  Sebi hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr

  Business | November 20, 2019 18:13 IST

  ​Markets 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.

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  SC stays SAT's order holding that Sebi lacks power to bar auditors

  Business | November 18, 2019 18:47 IST

  A 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.  

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  Sebi levies Rupees 37 lakh fine six firms fraudulent trading

  Business | November 18, 2019 16:34 IST

  Vinayaka 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.

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  Individual settles case of alleged fraudulent trading with Sebi by paying over Rs 2.3 cr

  Business | November 14, 2019 17:17 IST

  It 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

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  PC Jeweller stock jumps 11 per cent as Co settles case with Sebi

  Business | November 06, 2019 12:58 IST

  The company paid Rs 19,12,500 towards full and final settlement of the alleged default, according to an order on Tuesday.

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  SEBI issues circular on Aadhaar e-KYC for investors

  Business | November 05, 2019 19:41 IST

  The 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.

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  Sebi tightens norms for listed banks on bad loan disclosures

  Business | October 31, 2019 18:02 IST

  Accordingly, 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".

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  SEBI levies Rs 40 lakh fine on 8 entities for fraudulent trading

  Business | October 30, 2019 18:47 IST

  Markets 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.

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  SEBI levies Rs 22 lakh fine on 3 entities for fraudulent trade

  Business | October 25, 2019 15:44 IST

  Capital 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.

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  SEBI starts probe against Infosys over whistleblower charges

  Business | October 23, 2019 18:04 IST

  Markets 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.

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  SEBI levies Rs 20.4 lakh fine on 4 firms for fraudulent trade

  Business | October 21, 2019 19:22 IST

  Capital 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.

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  SEBI tightens norms for resignation of auditors

  Business | October 18, 2019 23:39 IST

  In 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.

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  PACL investors' refund applications under process: SEBI

  Business | October 16, 2019 19:02 IST

  Markets 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.

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  Madras HC issues notice to SEBI, MCA, ED in NSE co-location case

  Business | October 10, 2019 18:01 IST

  The 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.

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  Sebi settles Sabero's Organics matter insider trading case for Rs 1 cr

  Business | September 30, 2019 17:14 IST

  Sebi, 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.

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  SEBI takes guard against security threats, plans to hire agency

  Business | September 29, 2019 10:43 IST

  Markets 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.