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  • jaitley flags merger of watchdogs for equities commodity

    Jaitley flags merger of watchdogs for equities, commodity futures

    Sep 28, 2015, 12:54 PM IST

    Mumbai: Finance Minister Arun Jaitley on Monday rang the symbolic opening bell to mark the merger of two markets watchdogs -- the Forward Markets Commission for commodity futures with the Securities and Exchange Board of

  • sebi fines pacl rs 7 269 crore for illegal raising of funds

    Sebi fines PACL Rs 7,269 crore for illegal raising of funds

    Sep 22, 2015, 07:56 PM IST

    Mumbai: In its biggest ever fine, regulator Sebi today imposed a penalty of Rs 7,269.5 crore on PACL Ltd and its four directors for illegal and fraudulent mobilisation of funds from the public, saying the

  • sebi widens black money probe offshore trading under lens

    SEBI widens black money probe; offshore trading under lens

    Sep 21, 2015, 09:31 AM IST

    New Delhi: Widening its probe into suspected tax evasion and laundering of black money through stock markets, regulator SEBI is looking into illicit 'arbitrage' through derivatives trading from offshore locations.Also under the scanner are manipulation

  • tata mutual fund plans scheme on make in india digital

    Tata Mutual Fund plans scheme on 'Make in India', 'Digital India' drive

    Sep 17, 2015, 06:55 PM IST

    New Delhi:  Taking a cue from Prime Minister Narendra Modi's ambitious 'Make in India' and 'Digital India' programmes, Tata Mutual Fund plans to launch two new schemes based on these initiatives.Besides, Tata MF plans to

  • satyam scam sebi asks raju family others to return rs 1 800

    Satyam scam: Sebi asks Raju, family, others to return Rs 1,800 crore

    Sep 11, 2015, 12:10 AM IST

    Mumbai: In a fresh order in the nearly seven-year old Satyam scam case, regulator Sebi on Thursday asked 10 entities linked to the main accused B Ramalinga Raju -- including his mother, brother and son

  • bse increases lot size of foreign index derivatives

    BSE increases lot-size of foreign index derivatives contracts

    Aug 30, 2015, 12:40 PM IST

    Mumbai: Leading bourse BSE has decided to revise upwards market lot sizes of equity derivatives contracts based on foreign indices—FTSE/JSE Top 40, iBovespa, Micex and Hang Seng.The move is in line with market regulator Sebi's

  • banking sector boost markets sensex up 367 points

    Banking sector boost markets; Sensex up 367 points

    Jul 31, 2015, 03:52 PM IST

    Mumbai:  Capital infusion in banks, clarity on retrospective tax on capital gains and expectations of a rate cut by the apex bank cheered investor sentiments and boosted Indian equity markets on Friday.The positive cues propelled

  • sebi warns investors to stay away from ponzi schemes

    Sebi warns investors to stay away from ponzi schemes

    Jul 30, 2015, 07:28 PM IST

    Ahmedabad: Sebi chairman UK Sinha on Thursday said small investors should stay away from various ponzi schemes which promise very high returns in a short duration.Speaking at a financial literacy awareness campaign here, Sinha stated

  • sebi cancels sahara s mutual fund licence

    Sebi cancels Sahara's mutual fund licence

    Jul 28, 2015, 09:23 PM IST

    Mumbai:  In a fresh crackdown on Sahara, regulator Sebi today cancelled the registration of Sahara Mutual Fund saying it was no longer ‘fit and proper' to carry out this business and ordered transfer of its

  • black money sit asks sebi to clamp down on tax evaders p

    Black money: SIT asks SEBI to clamp down on tax evaders, P-Note misuse

    Jul 24, 2015, 08:47 PM IST

    New Delhi: Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator Sebi to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also

  • sebi busts billion dollar tax evasion shops in stock market

    Sebi busts billion-dollar 'tax evasion shops' in stock market

    Jul 23, 2015, 10:31 AM IST

    Mumbai: Suspecting tax evasion of at least Rs 5,000-6,000 crore, regulator Sebi has clamped down on a large number of organised syndicates who had set up ‘shops' to convert black money into legitimate-looking funds through

  • sebi to introduce new securitisation platform r gandhi

    Sebi to introduce new securitisation platform: R Gandhi

    Jul 14, 2015, 05:31 PM IST

    Mumbai:  Expressing confidence that India's securitisation market is revving up for a "take-off", RBI's Deputy Governor R Gandhi today said capital markets regulator Sebi is working on a new platform for such transactions.Besides, insurance and

  • maharashtra mulls action against bogus chit fund companies

    Maharashtra mulls action against bogus chit fund companies under MPID Act

    India | Jun 20, 2015, 04:03 PM IST

    Mumbai:  Chit fund companies operating in Maharashtra have come under the scanner of the state government, which is considering to take strict action against these dubious establishments to recover investors ' lost money.Chief Minister Devendra

  • india secures top most ratings for financial market norms

    India secures top-most ratings for financial market norms

    Jun 11, 2015, 11:08 PM IST

    Geneva: India's financial market regulatory framework Thursday got the top-most ratings from the global bodies of banking and capital market regulators, with RBI and Sebi being rated better than their peers in China and the

  • sebi charges murugappa group chairman vellayan for insider

    SEBI charges Murugappa group chairman Vellayan for insider trading

    May 22, 2015, 08:29 AM IST

    Chennai: Market regulator SEBI on Thursday charged A.Vellayan, chairman of Murugappa group and three other persons for insider trading.The Securities and Exchange Board of India (SEBI) in an order said Vellayan also the chairman of

  • need to distinguish between erroneous corrupt decisions

    Need to distinguish between erroneous & corrupt decisions: Arun Jaitley

    Politics | May 18, 2015, 05:23 PM IST

    New Delhi:  With many regulatory officials and bureaucrats coming under the scanner of CBI and other agencies, Finance Minister Arun Jaitley has put the blame on the "fundamentally defective" anti-corruption law, saying it did not

  • sahara ready to pay rs10 000 crore as bail for subroto roy

    Sahara ready to pay Rs10,000 crore as bail for Subroto Roy's release

    May 09, 2015, 10:30 AM IST

    New Delhi: The Sahara group on Friday agreed to the court-mandated condition of furnishing Rs 10,000 crore to secure release of its chief Subrata Roy.Roy's counsel informed the bench of Justice TS Thakur that they

  • mutual fund asset base from smaller cities up 36 at rs 1.89

    Mutual fund asset base from smaller cities up 36% at Rs 1.89 lakh cror

    May 04, 2015, 01:43 PM IST

    New Delhi: Contribution of the country's smaller towns - known as beyond-15 cities (B15) - to mutual funds' asset base has surged 36 per cent to Rs 1.89 lakh crore at the end of March.Mutual

  • sebi makes fresh bid to find sahara investors for refunds

    SEBI makes fresh bid to find Sahara investors for refunds

    May 03, 2015, 04:10 PM IST

    New Delhi: Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator SEBI has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.The

  • fund raising via non convertible debentures drop 77 in fy15

    Fund raising via Non-Convertible Debentures drop 77% in FY15

    May 01, 2015, 06:18 PM IST

    New Delhi:  Fund raising through retail issuance of non-convertible debentures (NCDs) plunged by 77 per cent to Rs 9,743 crore in 2014-15.According to data available with the Securities and Exchange Board of India (SEBI), the

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