SBI Cards gets Sebi's nod to float IPO

Sebi's observations are necessary for any company to launch public issues including initial public offer, follow-on public offer and rights issue.

Feb 17, 2020, 16:47 PM IST

SEBI notice to PC Jeweller MD Balram Garg over 'insider trading'

SEBI ordered impounding of alleged illegal gains of over Rs 8 crore made by two promoters and related entities of the jewellery firm.

Dec 18, 2019, 06:50 AM IST

Karvy Stock Broking's licence suspended with immediate effect for non-compliance of regulations

Stock exchanges on Monday (December 2) suspended the licence of Hyderabad-based financial services major Karvy Stock Broking for non-compliance of regulatory provisions. The suspension could impact thousands of clients. 

Dec 02, 2019, 19:00 PM IST

SEBI bars Karvy from taking new clients, stock broking firm calls 'it an interim directive'

Stock market regulator Securities and Exchange Board of India (SEBI) has barred Karvy Stock Broking Ltd (KSBL) from taking new clients for stockbroking activities following allegations of misusing certain securities. On Friday, the National Stock Exchange (NSE) of India forwarded a preliminary report to SEBI on the non-compliances observed with respect to pledging and misuse of client securities by KSBL. The SEBI has given 21 days to KSBL to file its objections or responses if any.

Nov 25, 2019, 18:41 PM IST

Sebi imposes fine of Rs 10 lakh on ICICI Bank, Rs 2 lakh on Sandeep Batra over disclosure lapses

Sebi said that it is suspected that the delay on the part of ICICI Bank in making the disclosure of the agreement resulted in insider trading in the scrip of BoR.

Sep 13, 2019, 16:01 PM IST

Big win for PW, setback for SEBI in Satyam Case

The bench of SAT ruled that SEBI can not take action against auditors, only ICAI as per law has the power to do so.

Sep 09, 2019, 13:58 PM IST

Sebi eases buyback norms for firms with NBFC, HFC subsidiaries

The Sebi board, at its meeting, approved these proposals in respect of the repurchase of shares by listed companies governed by the market regulator's Buyback Regulations as well as by the Companies Act.

Aug 22, 2019, 10:14 AM IST

SEBI may ease NBFC share buy-back norms

If approved, then the new norms will follow the government's scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.

Aug 20, 2019, 11:38 AM IST

Sebi brings stricter penalty for non-compliance of norms

A Sebi circular prescribes a penalty of Rs 20,000 per day on those listed companies which fail to comply with certain provisions of the ICDR.

Aug 20, 2019, 11:36 AM IST

CARE Ratings sends CEO Rajesh Mokashi on leave over anonymous complaint

CARE Ratings has named Executive Director (Ratings) TN Arun Kumar as its interim chief executive officer.

Jul 18, 2019, 16:33 PM IST

No enquiry yet in Indigo promoters feud by MCA

SEBI has sought the response from the company on allegations of Gangwal by July 19 while the board of Inter Globe Aviation, the promoter company of Indigo are also meeting on July 19 to consider the results.

Jul 16, 2019, 17:50 PM IST

IndiGo stocks crash over promoters dispute, ends 10.73% lower

Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.

Jul 10, 2019, 17:12 PM IST

Difference of opinion between promoters got nothing to do with airline: Indigo CEO to employees

Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.

Jul 10, 2019, 13:38 PM IST

IndiGo co-founder turns to SEBI over alleged corporate governance violation

The move appears to indicate that a boardroom dispute is escalating after a report in May that the co-founders and two largest shareholders of India`s largest airline were at odds over its expansion.

Jul 10, 2019, 12:45 PM IST

Sebi to allow IPOs by tech companies with superior voting right shares

The regulator is planning to issue a new set of norms for differential voting rights to allow listing of firms having some shareholders with superior voting right shares, but it may not allow as yet shares with lower or fractional voting rights.

Jun 25, 2019, 10:15 AM IST

Sebi bars trading members from pledging certain securities of clients

The latest requirements, which also come against the backdrop of crisis in the NBFC sector, would be effective from September 1.

Jun 21, 2019, 11:16 AM IST

Sebi fines six entities Rs 31 lakh for fraudulent trading in BSE stock options

Sebi had conducted an investigation between April 2014 and September 2015 into the trading activities of several entities that were suspected to be entering into non-genuine trades in illiquid stock options.

Jun 20, 2019, 10:30 AM IST

BSE stock options: Sebi fines Rector Investments Rs 19.5 lakh for 'non-genuine' trades

The regulator had conducted a probe into the trading activity in illiquid stock options on BSE covering the period April 2014 to September 2015 after it observed large scale reversal of trades in the segment.

Jun 14, 2019, 10:28 AM IST

Sebi tightens disclosure norms for credit rating agencies

The regulator's move comes against the backdrop of rising instances of debt defaults and concerns over the role of credit rating agencies in assessing the possible risks.

Jun 14, 2019, 10:11 AM IST

Voda Idea rights issue receives bids for 1109 crore shares: NSE data

The country's largest telecom operator through the rights issue, which ran between April 10 and April 24, offered 2,000 crore new shares at Rs 12.50 apiece.

Apr 25, 2019, 09:33 AM IST