IRCTC IPO: All you need to know
Business | Aug 24, 2019, 05:44 PM ISTIRCTC has filed draft papers in Sebi for its initial public offering (IPO). The government aims to raise Rs 600 crore through IRCTC IPO.
IRCTC has filed draft papers in Sebi for its initial public offering (IPO). The government aims to raise Rs 600 crore through IRCTC IPO.
The affairs of Jet Airways, which closed down its operations on April 17, are now being managed by resolution professional Ashish Chhawchharia under the insolvency law. In the communication to the exchanges, Chhawchharia said that prior to the commencement of the resolution process, directors, chief executive officer, chief financial officer, company secretary and other top management personnel had resigned from the company.
Regulator Sebi on Friday tweaked the formats for limited review and audit report of listed entities in order to align it with the revised auditing standards.
Markets regulator Sebi has slapped a fine of Rs 15 lakh on Kelvin Fincap Ltd for failing to notify change in its directorate to BSE and making wrong disclosures regarding preferential allotment.
Markets regulator Sebi on Thursday proposed stricter disclosures, including detailed reasons, on resignation of auditors, amid rising instances of auditors quitting companies.
Markets regulator Sebi has made changes in the disclosure requirements for listed banks regarding divergence in provisioning of assets. The changes made in the disclosure norms are "in line with the revised RBI requirements," the regulator said in a circular dated July 17.
In a circular, the regulator prescribed a new format for disclosures to be made on a quarterly basis, the annual basis for the whole of financial year and within six months from the end of the financial year that can be submitted along with the second-quarter report.
In a written reply to the Lok Sabha, Union minister Anurag Thakur said that Sebi, in its regulatory oversight, has noticed various irregularities with respect to the functioning of mutual funds like failure to identify and appropriate all the expenses in individual schemes as per regulatory requirements.
The order follows a probe conducted by Sebi between April 2014 and September 2015 after it observed that 81.38 percent of all the trades executed in stock options segment of the bourse were non-genuine trades.
Markets regulator Sebi Monday imposed a total fine of Rs 10 lakh on four individuals for manipulating the share price of Shree Shaleen Textiles Ltd.
Trading members have been barred from pledging to banks and NBFCs the securities of clients lying in certain accounts even with their authorisation, with markets regulator Sebi putting in place stricter norms.
Sebi had conducted an investigation between April 2014 and September 2015 into the trading activities of several entities that were suspected to be entering into non-genuine trades in illiquid stock options.
The SAT also said that "it finds that the whole world knows about the impugned order except the appellants".
The order comes after the regulator examined multiple disclosure lapses by NDTV and noted non-compliance with the Substantial Acquisition of Shares and Takeover (SAST) Regulations.
Regulator Sebi on Friday barred NDTV Ltd's three key promoters -- Prannoy Roy, Radhika Roy and their holding firm -- from the capital markets for two years and also restrained the two individuals from holding any board or top management role at the company in this period.
Markets regulator Sebi Monday levied a total fine of Rs 18 lakh on two entities for executing non-genuine trades in illiquid stock options segment on the BSE.
Sebi Monday proposed an informant mechanism to blow the whistle on insider trading cases, wherein genuine whistleblowers could get monetary reward of Rs 1 crore as well as amnesty from regulatory action.
Markets regulator Sebi has slapped a total fine of Rs 42 lakh on 14 individuals for executing fraudulent trade in shares of Kushal Tradelink Ltd (KTL). The 14 individuals were fined Rs 3 lakh each, totalling Rs 42 lakh, according to a Sebi order.
The Securities and Exchange Board of India (Sebi) after observing large scale reversal of trades in stock options segment of the bourse conducted an investigation between April 2014 and September 2015.
Appearing for IL&FS Securities counsel Gaurav Joshi said there were fraudulent mutual fund transfers carried out by Allied on behalf of its clients Dalmia Cement and OCL India, among others where it was the clearing house.
Top News
Latest News