SEBI

23Apr

Business

SEBI Finds 12 Adani Offshore Funds Violating Disclosure And Investment Rules: Report

The Securities and Exchange Board of India (SEBI) has uncovered violations of disclosure rules and breaches of investment limits by 12 offshore funds investing in Adani group companies, according to a Reuters report. Earlier this year, SEBI reportedly issued notices to offshore investors, outlini...

Read More

20Mar

Business

LIC Employee Who Traded In Dead Father’s Demat Account Fired

The Life Insurance Corporation of India (LIC) has fired an employee who traded in his dead father’s demat account. The market regulator, Securities and Exchange Board of India (SEBI) has confirmed the employee’s involvement and has banned five entities, related to front running trades of the LIC. Th...

Read More

11Mar

Business

SEBI Chair Says There Are Signs Of Manipulation In The SME Segment

There are “signs of manipulation in the SME segment”, said Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch.  She was talking on the side-lines of an AMFI event in Mumbai on March 11, which was for facilitating women fund managers. She said that, "We do see signs of manipu...

Read More

22Jan

Business

Sony Calls Off Merger Deal With Zee: Report

Japan's Sony Group has reportedly sent a termination letter to Zee Entertainment, informing it of its plans to call off the merger deal between its India unit and the media network. Bloomberg reported on Monday that the Japanese entertainment giant has cited unmet conditions of the merger agreement ...

Read More

3Jan

Business

“Truth Prevailed”: Gautam Adani On Supreme Court Relief Over OCCRP Report

In a significant development for the Adani Group, the Supreme Court delivered a substantial relief on Wednesday, stating that the report from the Organized Crime and Corruption Reporting Project (OCCRP) cannot be the foundation for casting doubt on the Securities and Exchange Board of India's (SEBI)...

Read More

30Oct

Business

SAT Scraps SEBI Order Barring Zee’s Punit Goenka from Key Directorships

The Securities Appellate Tribunal (SAT) on Monday scrapped markets regulator SEBI's August 14 order that barred Punit Goenka of Zee Entertainment Enterprises from assuming key directorships in listed entities over an alleged fund-diversion case. This will facilitate Zee, which is on the verge of mer...

Read More

12Oct

Business

SEBI Investigation In To Adani Group’s Investment Ties With Gulf Asia Fund

SEBI, the market regulatory authority, has begun an investigation on the ties between the Indian conglomerate Adani Group and Gulf Asia Trade and Investment, incorporated in the British Virgin Islands, said sources who were in the know, the Reuters reported. The investigation is undertaken to ascert...

Read More

26Sep

Business

Sebi Extends Surveillance And Trade-For-Trade Settlement To SMEs

The Securities and Exchange Board of India (Sebi) has made the trade-for-trade (TFT) settlement framework and short-term additional surveillance measure (ASM) applicable to small and medium enterprises (SME) stocks. According to brokers, the move will help to avoid stock price manipulation. The fram...

Read More

22Sep

Business

SEBI Warns ICICI Securities, Fines Entities for Non-Genuine Trades

The Securities and Exchange Board of India (SEBI) has issued an administrative warning to ICICI Securities on its merchant banking operations and levied penalties totaling Rs 55 lakh on 11 entities for indulging in non-genuine trades in the illiquid stock options segment on the Bombay Stock Exchange...

Read More

18Sep

Business

Plea In Supreme Court Seeks Reconstitution Of Panel Probing Adani-Hindenburg Case

One of the petitioners in the Adani-Hindenburg case has filed a plea in the Supreme Court seeking reconstitution of the expert panel investigating the alleged regulatory failure and breach of law by the Adani conglomerate. The petitioner also alleges conflict of interest among the panel members. Th...

Read More