SEBI suspends trading of Bharat Global Developers over financial misrepresentation
3 months, 1 week ago

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Deccan Chronicle  

New Delhi: Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders," Sebi Whole Time Member Ashwani Bhatia said in his 25-page order. Accordingly, Sebi in its order said," trading in the scrip of Bharat Global Developers Ltd is suspended till further orders". Also, the regulator has barred the company, its top management) and preferential allotees "from buying, selling or dealing in securities, or accessing capital market either directly or indirectly, in any manner whatsoever until further orders".

Financial Company Share Sebi Further Orders Bharat Global Developers Bgdl  bgdl  share  regulator  suspends  developers  sebi  company  shares  financial  bharat  rs  misrepresentation  securities  trading  global  preferential

History of this topic

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside
2 weeks, 3 days ago

SEBI Broadens Scope of Unpublished Price Sensitive Information; Details Inside

ABP News  

Markets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information by including any proposed fundraising activities agreements which can impact the management or control of the company, restructuring plans, and one-time bank settlements. Sebi said that fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary or arrest of key managerial …

SEBI issues warning to Nestle India over insider trading norms breach
3 weeks, 1 day ago

SEBI issues warning to Nestle India over insider trading norms breach

Hindustan Times  

Market watchdog SEBI has issued a warning letter to FMCG major Nestle India over alleged violation of Insider Trading norms by a senior official of the company. REUTERS/Denis Balibouse Nestle India has received an "administrative warning letter" from the Securities and Exchange Board of India by a designated person of the company, according to regulatory filing on Friday. "The Compliance …

Madhabi Puri Buch case: Bombay HC stays order directing FIR against former SEBI chief, others
Trending News
3 weeks, 5 days ago

Madhabi Puri Buch case: Bombay HC stays order directing FIR against former SEBI chief, others

The Hindu  

The Bombay High Court on Tuesday stayed a Mumbai sessions court order for four weeks that directed the Anti-Corruption Bureau to register an FIR against the former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five other SEBI and Bombay Stock Exchange officials in an alleged stock market fraud, regulatory violations, and corruption linked to the listing …

DC Edit | 30-yr Sebi FIR: Why long delay?
3 weeks, 5 days ago

DC Edit | 30-yr Sebi FIR: Why long delay?

Deccan Chronicle  

A Mumbai court dealing with anti-corruption cases has ordered the Anti-Corruption Bureau, Mumbai, to register a First Information Report against former Securities Exchange Board of India chairperson Madhabi Puri Buch, three Sebi whole-time members, and Bombay Stock Exchange chairman Pramod Agarwal and CEO Sundararaman Ramamurthy. Though the Bombay high court has stayed the anti-corruption court’s direction, it was surprising that …

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4
3 weeks, 6 days ago

Bombay High Court halts Maharashtra ACB action against ex-SEBI chief Madhabi Puri Buch, others till March 4

The Hindu  

The Bombay High Court on Monday asked the Anti-Corruption Bureau not to act on a Mumbai sessions court order to register an FIR against former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five others, until March 4, 2025. The sessions court on March 1, 2025 directed the ACB to register a First Information Report against Buch …

Bombay HC grants urgent hearing on FIR order against ex-Sebi chief Madhabi Puri Buch, others
3 weeks, 6 days ago

Bombay HC grants urgent hearing on FIR order against ex-Sebi chief Madhabi Puri Buch, others

Live Mint  

The Bombay High Court has granted an urgent hearing for SEBI and BSE's challenge against an FIR involving allegations against ex-SEBI chief Madhabi Puri Buch and five other officials over regulatory violations and stock market violations, according to a CNBC TV-18 report. On Saturday, March 1, a special Anti-Corruption Bureau court in Mumbai ordered the registration of an FIR against …

Stock market 'fraud': Court orders FIR against ex-Sebi chief Madhabi Puri Buch, 5 others
Top News
4 weeks ago

Stock market 'fraud': Court orders FIR against ex-Sebi chief Madhabi Puri Buch, 5 others

Deccan Chronicle  

Mumbai, March 2: A special court here has directed the Anti-Corruption Bureau to register an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations. Apart from Buch, the other officials against whom the court has ordered registration of the FIR are BSE's Managing Director and Chief Executive …

Court orders FIR against ex-Sebi boss Madhabi Puri Buch, five others in alleged stock market fraud
Top News
4 weeks ago

Court orders FIR against ex-Sebi boss Madhabi Puri Buch, five others in alleged stock market fraud

New Indian Express  

MUMBAI: A special Anti-Courrption Bureau court here directed the Mumbai Police to file an FIR against former Sebi chairperson Madhabi Puri Buch and five senior officials of the Bombay Stock Exchange in connection with alleged stock market fraud and regulatory violations. The court was hearing a petition filed by Thane-based journalist Sanap Srivastav alleging financial fraud, regulatory violations, and corruption …

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials
4 weeks ago

Mumbai court directs case against Madhabi Buch, top Sebi, stock market officials

India Today  

A special Anti-Corruption court in Mumbai on Saturday ordered the registration of an FIR against top officials of the Securities and Exchange Board of India including former Sebi Chairperson Madhabi Puri Buch and Bombay Stock Exchange in a case of alleged stock market fraud and regulatory violations. The complainant contended that Sebi officials failed in their statutory duty, facilitated market …

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses
1 month ago

Sebi imposes ₹5 crore penalty on BSE arm ICCL for regulatory lapses

Live Mint  

In a significant regulatory move, the Securities and Exchange Board of India slapped a penalty of ₹5.05 crore on the Indian Clearing Corporation Ltd., a subsidiary of BSE Ltd, following an inspection that revealed several instances of non-compliance concerning the clearing corporation’s practices and systems. The inspection also revealed that ICCL had not fully complied with Sebi’s cyber security framework, …

SEBI bans textile company with zero revenue whose stock rose 1,089%: ‘Absurdity and anomalies'
1 month, 2 weeks ago

SEBI bans textile company with zero revenue whose stock rose 1,089%: ‘Absurdity and anomalies'

Hindustan Times  

Market regulator SEBI has banned textile company LS Industries and five other entities from the stock market until further orders after it uncovered bizarre movements in the company's stock price. SEBI uncovers bizarre share transactions and price manipulation of textile company LS Industries' stock. In a notice issued on February 11, the SEBI noted that the shares of LS Industries, …

SEBI Cracks Down On Finfluencer Asmita Patel And 5 Other Entities, Bars Them From Capital Markets
Trending News
1 month, 3 weeks ago

SEBI Cracks Down On Finfluencer Asmita Patel And 5 Other Entities, Bars Them From Capital Markets

ABP News  

The Securities and Exchange Board of India has placed a ban on six entities from the capital markets including finfluencer Asmita Patel for allegations regarding unregistered investment advisory services. The capital markets regulator directed the entities to surrender over Rs 53 crore collected as fees course from participants for several courses, reported PTI. SEBI issued an interim order and show …

Sebi goes after Asmita Patel—‘she-wolf' of the stock market
1 month, 3 weeks ago

Sebi goes after Asmita Patel—‘she-wolf' of the stock market

Live Mint  

MUMBAI : The Securities and Exchange Board of India has impounded an amount of ₹53.6 crore as illegal investment advisory fees under the garb of providing educational courses from Asmita Patel Global School Of Trading and other entities connected with financial influencer Asmita Patel, who is known as “options queen" and “she-wolf" of Indian stock markets. The amount is part …

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report
1 month, 4 weeks ago

SEBI fines Motilal Oswal ₹7 lakh for violating stock brokerage regulations: Report

Live Mint  

India's capital market regulator, the Securities and Exchange Board of India, on Thursday, January 30, fined the brokerage Motilal Oswal Financial Services ₹7 lakh after conducting an investigation over an alleged violation of stock brokerage regulations, reported multiple media outlets. “After taking into consideration the facts and circumstances of the case, materials available on record, submissions made by the Noticee …

Sebi cancels registration of 4 stock brokers
2 months ago

Sebi cancels registration of 4 stock brokers

Live Mint  

New Delhi, Markets regulator Sebi on Wednesday cancelled the registration of four stock brokers Single Window Securities, Sunness Capital India, GACM Technologies and Infotech Portfolio after they failed to meet the registration requirements. In its orders, Sebi said that four stock brokers were granted registrations subject to certain conditions, including the condition that they continue to be members of a …

Front running case: Sebi bans 2 persons from securities market for 6-month
2 months ago

Front running case: Sebi bans 2 persons from securities market for 6-month

Live Mint  

New Delhi, Markets regulator Sebi on Tuesday restrained two persons from the securities market for six months and directed them to disgorge ₹34.26 lakh "wrongful gains" made by them through their involvement in front-running activities. Ltd. in the cash market and equity derivatives segments of NSE by its dealer Kadam in the trading account of Bhatkar based on the impending …

Sebi settles adjudication proceedings against Paytm executives
2 months, 1 week ago

Sebi settles adjudication proceedings against Paytm executives

Live Mint  

Mumbai: Markets regulator Securities and Exchange Board of India has settled adjudication proceedings against several executives and independent directors of One97 Communications Ltd, the parent of fintech firm Paytm, for alleged violations of securities laws. The adjudication proceedings stemmed from concerns raised by Sebi in July 2023 regarding the actions of Amit Khera, Paytm’s then-compliance officer and company secretary, as …

Sebi bars smallcap firm and related entities from trading after alarming surge in stock price
2 months, 1 week ago

Sebi bars smallcap firm and related entities from trading after alarming surge in stock price

Live Mint  

The Securities and Exchange Board of India has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd following an alarming surge in the Mumbai-based company’s stock price and questions surrounding its financial dealings. “Situations like the one at hand raise fundamental questions about Sebi’s role as the securities market regulator, statutorily mandated to safeguard the interest of the investors,” …

Stocks to Watch: IndiGo, ICICI Securities, Power Grip, Capilin Point, and more
2 months, 3 weeks ago

Stocks to Watch: IndiGo, ICICI Securities, Power Grip, Capilin Point, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Vodafone Idea: Debt-ridden telecom operator Vodafone Idea Ltd announced the sale of its entire 50 percent stake in Firefly Networks Ltd to iBUS Network and Infrastructure Pvt Ltd for ₹4.5 crore. The deal, expected to close within 30 business days, marks Vodafone Idea’s exit from this …

This stock rallied 10,000% over ‘fake’ disclosures and now is in Sebi’s crosshairs. Do you own it?
3 months ago

This stock rallied 10,000% over ‘fake’ disclosures and now is in Sebi’s crosshairs. Do you own it?

Live Mint  

Securities and Exchange board of India on Monday suspended trading in shares of Bharat Global Developers Ltd., the latest in a string of crackdowns on companies manipulating their stock price through accounting frauds and fake disclosures. Stocks Rallied Over 10,000% In 1 Year Shares of the Gujarat-headquartered company surged over 10,000% in the 12-month period ending November as it announced …

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year
Trending News
3 months ago

Sebi suspends Bharat Global trading after stock rally 10,000 per cent in one year

New Indian Express  

MUMBAI: The market regulator Sebi has ordered the suspension of trading in Bharat Global Developers’ stocks, which have surged more than 10,000 per cent in the past year. The decision came after it was discovered that the company had falsely claimed to have secured large orders from marquee corporates like Reliance, Tata Group, UPL, and McCain India Agro. In a …

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation
Top News
3 months, 1 week ago

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation

Hindustan Times  

Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. The SEBI Bhavan at BKC Bandra in Mumbai Additionally, the regulator has barred the company, its managing director Ashok Kumar Sewada, CEO Mohsin Shaikh and directors --Dinesh Kumar Sharma and Nirali Prabhatbhai Karetha -- and …

Sebi halts trading in Bharat Global Developers over suspected stock price manipulation
Trending News
3 months, 1 week ago

Sebi halts trading in Bharat Global Developers over suspected stock price manipulation

Live Mint  

The market regulator has suspended trading in Bharat Global Developers Ltd’s shares until further notice over allegations of fraudulent activities and false disclosures in a rare such action. "The shocking falsities presented by BGDL as legally required disclosures to the exchange expose a clear fraudulent scheme," said Sebi's order, authored by whole-time member Ashwani Bhatia. Regulator's scrutiny Citing Sebi's proactive …

SEBI bans YouTuber Ravinda Balu Bharti for investment scam, slaps ₹9.5 crore fine
3 months, 1 week ago

SEBI bans YouTuber Ravinda Balu Bharti for investment scam, slaps ₹9.5 crore fine

Live Mint  

The Securities and Exchange Board of India has banned YouTube finfluencer Ravindra Balu Bharti and his company from dealing in or accessing the securities markets until April 4, 2025, and slapped a ₹9.49 crore fine for “unlawful gains,” according to a PTI report. Bharti and his three associates allegedly ran an unregistered investment advisory business under the name Ravindra Bharti …

Sebi against exuberance, price manipulations in SME listings; board to discuss it soon: WTM Bhatia
3 months, 1 week ago

Sebi against exuberance, price manipulations in SME listings; board to discuss it soon: WTM Bhatia

Live Mint  

Mumbai, Dec 17 Capital markets regulator Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices on the Small and Medium Enterprises exchange, a senior official said on Tuesday. Addressing the India SME Banking Summit here, Whole Time Member Ashwani Bhatia said the regulator's board will be taking up the issue at its forthcoming meeting. "We are cognisant of …

Sebi board likely to tighten SME listing norms
3 months, 1 week ago

Sebi board likely to tighten SME listing norms

New Indian Express  

Late October the Sebi said it would come out with a discussion paper aimed at finalising some measurers to tighten the regulatory framework for SME IPOs. In a stern action on December 3, the Sebi cancelled the issue by Trafiksol ITS Tech and ordered the company to refund the Rs 45 crore collected through the issue to investors within a …

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance
3 months, 3 weeks ago

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance

Live Mint  

The Supreme Court has declined to intervene in the Calcutta High Court’s decision to give the Calcutta Stock Exchange, India’s oldest stock exchange, more time to comply with the Securities and Exchange Board of India’s 2012 Exit Policy. The court said it would review CSE’s compliance with the Exit Policy at the next hearing on 7 March 2025. Sebi had …

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms
4 months ago

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, November 29, penalized Reliance Securities with ₹9 lakh for flouting market norms and stock broker rules. The order came after the regulator and exchanges, NSE and BSE, conducted a thematic onsite inspection of the books of accounts, records, and other documents of authorised persons of Reliance Securities Ltd, a …

SEBI imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’
4 months ago

SEBI imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’

Hindustan Times  

The Securities and Exchange Board of India on Friday imposed a ₹9 lakh monetary penalty on Reliance Securities for “flouting market norms” and stock broker rules. According to a PTI report,the market regulator's order came after National Stock Exchange and Bombay Stock Exchange carried out a thematic onsite inspection of the books of accounts, records and other documents of authorised …

Sebi investigating if Adani group flouted disclosure rules
4 months, 1 week ago

Sebi investigating if Adani group flouted disclosure rules

Live Mint  

India’s capital markets regulator is looking into whether the Adani group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter. The Securities and Exchange Board of India has asked officials at the stock exchanges if Adani Green Energy Ltd failed to properly disclose the US Justice Department’s investigation into bribery allegations, the people …

Sebi proposes revisions to custodian regulations
4 months, 2 weeks ago

Sebi proposes revisions to custodian regulations

Live Mint  

The Securities and Exchange Board of India has issued a consultation paper seeking feedback on proposed updates to the Sebi Regulations, which govern the operations of custodians in the Indian securities market. Given the importance of custodians in ensuring smooth market operations, especially for institutional investors, the consultation paper proposes several changes to enhance regulatory oversight and operational resilience. Sebi …

SC dismisses Sebi’s ₹25 crore penalty plea against Mukesh Ambani in RPL share manipulation case
4 months, 2 weeks ago

SC dismisses Sebi’s ₹25 crore penalty plea against Mukesh Ambani in RPL share manipulation case

Live Mint  

The Supreme Court on Monday dismissed a plea by the Securities and Exchange Board of India to impose a ₹25 crore penalty on Mukesh Ambani, chairman and managing director of Reliance Industries Ltd, over alleged share manipulation involving Reliance Petroleum Ltd in November 2007. A two-judge bench of Justices J.B. Pardiwala and R. Mahadevan agreed to hear Sebi's broader case …

SEBI warns investors against unauthorised virtual trading, gaming platforms offering stock price-based advice
4 months, 3 weeks ago

SEBI warns investors against unauthorised virtual trading, gaming platforms offering stock price-based advice

Live Mint  

The Securities and Exchange Board of India on Monday cautioned investors about unauthorised virtual trading and gaming platforms that provide trading advice based on stock prices. “By mimicking securities market activities and promising financial returns, many of these platforms can create an unauthorised trading experience that often leads to investor exploitation,” said Sumit Agrawal, founder of Regstreet Law and former …

SEBI must reveal ‘big players’ making profits at expense of small investors: Rahul Gandhi on ‘uncontrolled’ F&O trading
6 months ago

SEBI must reveal ‘big players’ making profits at expense of small investors: Rahul Gandhi on ‘uncontrolled’ F&O trading

Live Mint  

Senior Congress leader Rahul Gandhi said on Tuesday, September 24, that capital markets regulator Securities and Exchange Board of India must reveal the names of the ‘big players’ who have been making profits at the expense of small retail investors. Amid the Congress vs SEBI row where the opposition has repeatedly attacked SEBI chairperson Madhabi Puri Buch over corruption charges, …

Paytm issues clarification on SEBI notice, says ‘not a new development’
7 months ago

Paytm issues clarification on SEBI notice, says ‘not a new development’

Live Mint  

One 97 Communications Ltd., the parent company of the Paytm brand, said that the reports on the company receiving a Securities and Exchange Board of India show cause notice is not a new development. “With reference to recent media reports, we would like to inform you that this is not a new development, as the Company had already made relevant …

Anil Ambani reviewing SEBI order banning him from capital markets
7 months ago

Anil Ambani reviewing SEBI order banning him from capital markets

New Indian Express  

NEW DELHI: Anil Ambani is reviewing the Securities and Exchange Board of India order imposing a fine and banning him from capital markets for five years in an alleged fund diversion case and will take appropriate next steps as legally advised, his spokesperson said in a statement on Sunday. Ambani had resigned from the board of Reliance Infrastructure and Reliance …

SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures
7 months ago

SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures

Live Law  

The Securities and Exchange Board of India has levied a fine of Rs 11 lakh on IIFL Securities Limited for breaches of various regulatory guidelines under the Securities Contracts Rules and associated SEBI circulars. The SEBI order highlighted that IIFL Securities violated multiple provisions related to margin trading and client fund management. The broker was found to have transferred securities …

Sebi bans Anil Ambani and 24 others from market for five years, slaps Rs 254 crore fine
7 months, 1 week ago

Sebi bans Anil Ambani and 24 others from market for five years, slaps Rs 254 crore fine

New Indian Express  

MUMBAI: The markets watchdog Securities and Exchange Board has banned Anil Ambani and 24 others, including former key officials of Reliance Home Finance, from the securities market for five years charging them with fund diversion by creating a “fraudulent scheme to siphon off money from the company by structuring it as loans to credit-unworthy borrowers.” The Rs 104 crore cumulative …

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations
7 months, 1 week ago

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations

Live Mint  

Capital market regulator Sebi on Wednesday slapped a fine of ₹11 lakh on brokerage firm IIFL Securities for flouting stock broker rules and other regulatory norms. Sebi conducted an inspection of IIFL Securities Ltd covering the period from April to July 2022 to assess the firm’s adherence to regulatory requirements. In its 35-page order, Sebi noted that IIFL Securities acknowledged …

SEBI’s Buch Under Pressure: Can India’s Market Watchdog Chief Weather the Storm?
7 months, 1 week ago

SEBI’s Buch Under Pressure: Can India’s Market Watchdog Chief Weather the Storm?

The Hindu  

Published : Aug 16, 2024 20:42 IST - 8 MINS READ When the Satyam scam came to light in January 2009, it was a bolt from the blue for India’s stock market. The report accuses Buch of investing in an offshore Mauritius fund that’s part of the very fund structure being probed by SEBI for its fund flows into Adani …

Sebi bans Omaxe, its chairman, MD others from securities mkt for two years
7 months, 4 weeks ago

Sebi bans Omaxe, its chairman, MD others from securities mkt for two years

Hindustan Times  

New Delhi, Jul 30 Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two years for irregularities in the company's financial statements. Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the …

'Dishonest, Misleading': SEBI Rejects Defence And Mandates Disclosure, Shareholder Approval For Material Related Party Transactions
8 months ago

'Dishonest, Misleading': SEBI Rejects Defence And Mandates Disclosure, Shareholder Approval For Material Related Party Transactions

Live Law  

The Securities and Exchange Board of India has issued a final order concerning Linde India Limited and its related party transactions with Praxair India Pvt Ltd and Linde South Asia Services Pvt Ltd. SEBI's investigation was triggered by complaints from LIL's shareholders who alleged that these RPTs were conducted without proper shareholder approval and were potentially detrimental to the interests …

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System
8 months ago

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System

Live Law  

The Securities and Exchange Board of India has fined Delhi-based Indian Finance Guaranty Ltd Rs. The primary issues identified included IFGL's engagement in fund-based activities and multiple deficiencies in its investor grievance redressal system. SEBI mandates that stock brokers must provide a designated email ID exclusively for investor grievances, yet IFGL used the personal email of its CEO and compliance …

Sebi chief Madhabi Buch urges industry to report market misconduct
8 months, 3 weeks ago

Sebi chief Madhabi Buch urges industry to report market misconduct

Live Mint  

In a call to action, market regulator Securities and Exchange Board of India has urged industry stakeholders to proactively report any malpractices within their sectors. This, Sebi chairperson Madhabi Puri Buch emphasized, is crucial to maintaining investor trust—a cornerstone for a growing market. Amid this surge, Sebi has implemented stricter measures to ensure market integrity, including stringent instructions to regulated …

Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr
8 months, 3 weeks ago

Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr

Business Standard  

The order came after Raselle Capital proposed to settle the instant proceedings initiated against it without "admitting or denying the findings of facts and conclusions" of the law. | Photo: Bloomberg Foreign portfolio investor Raselle Capital VCC has settled a case related to the alleged violation of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as …

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'
8 months, 4 weeks ago

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

India TV News  

Adani-Hindenburg row: Hindenburg Research, the US-based short-seller, said it received a show-cause notice from India’s capital market regulator Securities and Exchange Board of India in the Adani Group case. The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of millions of dollars? Adani-Hindenburg row Hindenburg …

IIFL Securities turns bearish after SEBI investigates Sanjiv Bhasin’s role in stock manipulation, stock crashes 10%
9 months ago

IIFL Securities turns bearish after SEBI investigates Sanjiv Bhasin’s role in stock manipulation, stock crashes 10%

Live Mint  

Shares of domestic brokerage IIFL Securities turned bearish soon after capital markets regulator Securities and Exchange Board of India initiated a probe into Sanjiv Bhasin's role in stock market manipulation. Bhasin, who regularly provides stock trading suggestions on various business news channels, was associated with IIFL Securities as a consultant on a contractual basis. The report quoted IIFL Securities in …

Seven Adani group firms say received SEBI show cause notices
10 months, 3 weeks ago

Seven Adani group firms say received SEBI show cause notices

The Hindu  

May 03, 2024 06:54 pm | Updated 10:03 pm IST - New Delhi Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in their regulatory filings to the stock exchanges. While …

NSE ready to begin public issue process, waiting for SEBI approval to launch IPO: CEO Ashish Chauhan
11 months, 3 weeks ago

NSE ready to begin public issue process, waiting for SEBI approval to launch IPO: CEO Ashish Chauhan

Live Mint  

The National Stock Exchange is ready to begin its initial public offering process but awaits the approval from capital markets regulator Securities and Exchange Board of India, according to chief executive officer Ashishkumar Chauhan. In December 2023, SEBI asked NSE to remain glitch-free for at least a year, enhance its technological infrastructure and corporate governance and resolve pending legal matters. …

Discover Related