Now that the government has stepped in to bat for BJP president Amit Shah’s son, it should clear up questions about Rajesh Khandvala’s KIFS – with which he has had business dealings.
Last month, the SEBI had directed listed companies to disclose from October 1 any payment defaults to banks and financial institutions within one working day of such a miss.
PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed.
Discounting loans, one of the primary grievances the CBI and stockbroker Sanjay Dutt have raised, by itself isn’t criminal or fraudulent. How do the allegations stack up?
An independent audit of the revamped SEBI website revealed it failed the accessibility test on 20 of the 38 parameters tested. The BHIM app, meant to promote digital transactions, didn’t fare much better.
The SEBI had filed a case against Sahara group after it collected a huge amount of money from investors without listing the securities on the stock.
The court also directed Sahara chief Subrata Roy to appear before it next week.
The constant extension of a deadline to reduce promoter shareholding could net Uday Kotak and his family members a hefty sum.
SEBI should put its own house in order before embarking on measures aimed towards greater financial-isation of the commodities derivatives market.
While the case may have been stalled due to political pressure, SEBI’s decision shows that Reliance should have acted in a more even-handed manner.
Three employees of a Noida-based company have been arrested for allegedly duping nearly seven lakh people in an ‘earn per click’ scheme.
The deal between the Gujarat state government and ONGC did not get the required approval from minority shareholders.
The regulator’s apprehension is, in part, fuelled by an acute lack of insight and understanding of the role and function of speed traders within capital markets.
Kirti Somaiya has demanded a probe to find out who received kickbacks in the deal for the purchase of 12 VVIP helicopters.
Those corporates which wish to promote honesty should pledge to publicly display all their transactions with the Central and state governments on their websites.
SEBI warns mutual funds against random investments The Securities & Exchange Board of India today warned the mutual fund companies against investing in corporate bonds and securities, which could backfire later and adversely impact small investors. The board is worried that mutual funds may be carrying excessive credit risks […]
India-Pakistan talks on August 23 Sartaj Aziz, Pakistan’s National Security Advisor will meet India’s Ajit Doval on the 23rd of August to begin talks about a series of militant attacks and border clashes. A militant strike in Gurdaspur had been the cause for the delay in the scheduling of […]
The Supreme Court is entirely justified in continuing the incarceration of Subrata Roy. However, by attempting to provide a jurisprudential basis for its actions, the court has tied itself up in legal knots in its latest order.
Subrata Roy has to furnish INR.5,000 crore in cash and a bank guarantee of equal amount to secure his release from prison
1. Industrial toxins behind Maggi’s lead content? The Food Safety and Standards Authority of India (FSSAI) has alleged that high lead content in the soil being used to grow the onions used in making the Maggi ‘tastemaker’ may be behind the high lead content in the product. FSSAI chief […]