Sebi directed Sahara Mutual Fund and Sahara Asset Management Company to stop accepting subscription from its existing or new investors with immediate effect.
The absence of independent directors on PSU boards raises questions of corporate governance and poses a challenge for the government’s target of raising Rs 41,000 crore.
On February 13, 2014, Sebi came out with the amended listing agreement that mandated listed companies to appoint at least one woman director on the board.
The magazine had earlier published article on Algo trading based on a whistleblower’s letter to the Securities and Exchange Board of India (SEBI) that it said was also copied to Dalal.
For FY16, the country’s largest passenger carrier has already distributed `1,002.9 cr in dividends.
The Sebi does not have the power to tap phones. It can only request for call data records in suspicious cases.
Well after Prime Minister Rajiv Gandhi announced in the 1987-88 Budget his government’s intention to form a separate board for the regulation and orderly functioning of the stock exchange and the securities industry.
Offer to include fresh equity of up to Rs 1,272 cr and sale of up to 30.15 mn shares by some shareholders.
Guernsey is a tax haven that lies within the common travel area of British Isles and part of the European community for the purposes of free trade in goods.
According to the Sebi rules, the lock-in for the entire pre-issue capital will be for six months. The minimum investment in such companies has been set at Rs 10 lakh.
Is the finance ministry compatible with the 21st century — Modi government must ask the question.
Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.
Sebi also named V Karuppiah, C Gopalakrishnan and AR Murugappan as other suspects in the insider trading case.
The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.
MS Sahoo, Member, CCI, said: On human resource and financial matters CCI has limited flexibility.
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