Follow Us on Google News New Delhi, May 28 (IANS) The Supreme Court on Wednesday upheld the delisting of ICICI Securities from the stock exchanges, rejecting a plea by an individual investor who challenged the share valuation process as being unfair. The investor, Manu Rishi Gupta, had questioned the delisting on the ground that a … 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
Mumbai, Feb 7 (IANS) The Reserve Bank Governor announced on Friday that the RBI will be introducing forward contracts in Government securities for which the directions will be issued shortly. “We have been receiving feedback about the need to allow forward contracts in Government securities to enable further market development. Such forward contracts will enable … Read more
