X
X

Download The Newsmen Mobile App

And Stay Updated with Latest News

Install Now
elections 2022
elections 2022

SEBI

Advertisement
Diwali-Muhurat-Trading
Diwali Muhurat Trading: Invest in WealthBaskets for long-term wealth creation
Advertisement
SAT-SEBI
Securities and Appellate Tribunal sets aside SEBI insider trading order against Atul Kirloskar, Rahul Kirloskar and Nihal Kulkarni
IANS -
In a statement issued on Friday, Atul Kirloskar, Rahul Kirloskar & Nihal Kulkarni said, "We are delighted to share that the Hon'ble Securities Appellate Tribunal vide its order dated October 12, 2022, has set aside the insider trading order dated October 20, 2020 passed against us by SEBI on the grounds that there was no unpublished price sensitive information (UPSI) and consequently there was no insider trading by us when we had sold shares of Kirloskar Brothers Limited to Kirloskar Industries Limited in 2010."
Supreme-Court-and-SEBI
'Open court hearing on Oct 12', SC on SEBI's review petition against RIL
IANS -
A bench headed by Chief Justice U.U. Lalit and comprising Justices J.K. Maheshwari and Hima Kohli said: "Considering the facts and circumstances on record and the submissions advanced in the review petition, we deem it appropriate to allow application for listing of the instant petition in open court. Let this review petition be listed in court on October 12, 2022."
SEBI
SEBI Chairperson Buch lists core principles that guide regulators
IANS -
Delivering the keynote address at the Global Fintech Fest 2022 here, Madhabi Puri Buch said: "There is likely to be a regulatory gap when there is something new and innovative that happens in the market. It is up to the regulator to keep pace with that. Our intention is to narrow that regulatory gap in the startup ecosystem."
Prannoy-Radhika-Roy
SEBI order restrained Prannoy & Radhika Roy from accessing the securities market for 2 yrs: NDTV
IANS -
NDTV said that unless pending appeal proceedings were to successfully conclude, prior SEBI approval is needed for the Adani group to secure 99.5 per cent in the promoter group entity since this would consequently lead to acquisition of voting rights in respect of 29.18 per cent held by the RRPR Holdings in the news network.
Advertisement
S-E-B-I
SEBI cautions public against fraud refund promises
IANS -
In a statement, the market regulator said some unscrupulous individuals are trying to cheat the public by holding themselves as officials of its Recovery and Refund Department and falsely informing them about refund of money in various cases through phone calls/e-mails/ messages. It cautioned the public against furnishing any documents, or money on such calls/e-mails/messages.
S-E-B-I
SEBI allows FPI participation in Exchange Traded Commodity Derivatives
IANS -
The FPIs will be allowed to participate in Indian ETCDs, subject to certain risk management measures, the capital market regulator said. According to the SEBI, the existing Eligible Foreign Entity (EFE) route, which required actual exposure to Indian physical commodities, has been discontinued.
NSEL-Case
NSEL Case: SAT notes serious charges against brokers, asks SEBI to probe afresh in 6 months
IANS -
In its recent order, the SAT noted serious allegations against five brokers - Motilal Oswal Commodities Broker Pvt Ltd, Anand Rathi Commodities Ltd, IIFL Commodities Ltd, Philip Commodities India Pvt Ltd, and Geofin Comtrade Ltd - of indulging in illegal activities such as funding of clients by way of PAN lending, name lending through their NBFC, and other related entities, and that funding was totally disproportionate to the net-worth and income level of these clients.
SEBI
Public issue application to be processed only after monies are blocked in investor's bank account
IANS -
Accordingly, all intermediaries and market infrastructure institutions are advised to ensure that appropriate systemic and procedural arrangements are made within three months from the date of issuance of this circular, SEBI said. Stock Exchanges shall accept the ASBA applications in their electronic book building platform only with a mandatory confirmation on the application monies blocked.
Advertisement
S-E-B-I
SEBI should probe deeper in front running by Lamby man as nexus emerges
IANS -
This is because while the disgorgement is of gains made by the individual, the disgorged funds are deposited in the coffers of the regulator, not the unit holders of the scheme where the fund manager was managing business. It is these people who have been wronged and money made of them.
Advertisement
Advertisement