MUMBAI: Bowing to pressure from agitating employees, markets regulator Sebi on Monday did an about turn, withdrawing its Sept 4 press release in which, among other things, it had blamed “external elements” for a spate of agitations by a part of its employees and argued that entry level salaries at the regulatory body, estimated at…
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that Sebi chairperson Madhabi Puri Buch and her husband have been answering some of the allegations and both are defending themselves and are putting out facts to contradict those that are being alleged by the Congress party.“So, I think the facts have to be taken on…
NEW DELHI: Congress on Saturday levelled fresh allegations of conflict of interest against Sebi chief Madhabi Puri-Buch, accusing her of making “high value investments” outside India including Chinese firms, amid rising geopolitical tensions with the neighbouring country.The grand old party also accused Buch of trading in listed securities while being in possession of unpublished price…
NEW DELHI: Trinamool Congress MP Mahua Moitra has filed a complaint with the Lokpal against Securities & Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch, alleging “improper conduct” and “quid pro quo arrangements”.“My LokPal complaint against Ms. Puri-Buch been filed electronically & in physical form. LokPal must within 30 days refer it to CBI/ED…
NEW DELHI: Markets regulator Sebi on Thursday ordered the attachment of bank accounts as well as shares and mutual fund holdings of Karvy Stock Broking and its CMD C Parthasarathy to recover dues of around Rs 25 crore.The regulator on Aug 7 sent a notice to Karvy and Parthasarathy asking them to pay dues within…
NEW DELHI: As the Public Accounts Committee of Parliament takes a decision on summoning Sebi chairperson Madhabi Puri Buch as part of a review of the market regulator, Congress on Friday levelled fresh allegations of conflict of interest against her.At a press conference, party spokesperson Pawan Khera alleged that between 2018 and 2024, when she…
MUMBAI: Reacting to complaints of “toxic work culture” by Sebi officials to the finance ministry, the market regulator Wednesday said junior officers – with an annual entry cost-to-company remuneration of Rs 34 lakh and are demanding a further increase – have been “misguided” by external elements to target the credibility of the agency and its…
MUMBAI: Reacting to complaints of “toxic work culture” by Sebi officials to the finance ministry, the market regulator Wednesday said junior officers – with an annual entry cost-to-company remuneration of Rs 34 lakh and are demanding a further increase – have been “misguided” by external elements to target the credibility of the agency and its…
NEW DELHI: A day after ICICI bank declined Congress‘ allegations of providing regular income to Madhabi Puri Buch while being a whole time member of Sebi, the grand old party came back with more details substantiating its allegations.Pawan Khera said that while ICICI bank’s statement attempted to address the issue, it inadvertently provided additional information…
MUMBAI: Markets regulator Sebi on Wednesday cautioned investors about proliferation of unscrupulous promoters in the small & medium enterprises space. Such promoters, after listing their companies, resort to illegal means to paint a rosy picture about their businesses, pump up stock prices to attract investors and then exit. Sebi asked investors not to put their…
