Follow Us on Google News Mumbai, April 28 (IANS) The Securities and Exchange Board of India (SEBI) on Monday took strict action against stockbroker Patel Wealth Advisors (PWA) and its four directors for their involvement in illegal trading practices. The market regulator barred them from dealing in the securities market and ordered the recovery of … Read more
Follow Us on Google News Mumbai, April 7 (IANS) The Securities and Exchange Board of India (SEBI) on Monday imposed a fine of Rs 7 lakh on Reliance Securities Limited for not following stockbroker regulations. According to SEBI’s order, the company has 45 days to pay the penalty. SEBI conducted an inspection of Reliance Securities, … Read more
Follow Us on Google News Mumbai, March 28 (IANS) To improve the ease of doing business, the Securities and Exchange Board of India (SEBI) on Friday announced that it has extended the timelines for mutual funds and portfolio managers to submit their offsite inspection data to the market regulator. This move is expected to provide … Read more
Follow Us on Google News Mumbai, March 21 (IANS) The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers. SEBI is reported to have initiated investigations against these companies for the alleged illegal diversion … Read more
Bengaluru, March 3 (IANS) Karnataka Minister for RDPR, IT, and BT, Priyank Kharge on Monday questioned why the BJP national leadership was silent over a Mumbai special court ordering an FIR against SEBI officials. A special court in Mumbai had ordered the Anti-Corruption Bureau (ACB) to file an FIR against former Sebi Chairperson Madhabi Puri … Read more
Mumbai, March 3 (IANS) The Securities Exchange Board of India and the Bombay Stock Exchange (BSE) on Monday moved the Bombay High Court to challenge an ACB Court order to file an FIR against former SEBI Chairperson, along with some SEBI and BSE officials. The Bombay High Court agreed to grant an urgent hearing on … Read more
Mumbai, March 2 (IANS) The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point mantra in mind — trust, transparency, teamwork and technology — for ensuring the continued efficiency of the capital markets regulator. After taking charge of the SEBI headquarters at the Bandra Kurla Complex here, Pandey said, “SEBI is a very robust market … Read more
New Delhi, Feb 28 (IANS) Tuhin Kanta Pandey, a 1987 batch IAS officer, brings with him a rich experience in handling the country’s economic policy and financial administration as he takes over as the 11th chairman of the Securities and Exchange Board of India (Sebi) on March 1. He will be replacing Madhabi Puri Buch, … Read more
New Delhi, Jan 27 (IANS) The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28. The Finance Ministry’s newspaper advertisements appeared on Monday inviting applications from qualified candidates for the … Read more