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…
MUMBAI: NSE, India’s largest stock exchange in terms of turnover and revenues, on Tuesday restarted its process to get listed, something that the bourse has been trying for over eight years now but has been delayed due to various regulatory hurdles.On Tuesday, NSE’s board gave its management the go ahead to approach Sebi for its…
MUMBAI: Anil Ambani, who has been banned by Sebi from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday. In a statement, the spokesperson said that Ambani is reviewing the Aug 22 order passed by Sebi in the Reliance Home Finance matter and will…
The Securities and Exchange Board of India (Sebi) has taken action against Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance (RHFL), for their involvement in the diversion of funds from the company. Ambani has been barred from the securities market for five years and fined Rs 25 crore, according…
NEW DELHI: Markets regulator Sebi on Friday proposed amendments to ease the compliance requirements for entities with listed non-convertible securities. This move will ease the cost of compliance for participants in the financial sector, as announced by govt in FY24 Budget.In its consultation paper, Sebi proposed aligning the approval and authentication process for financial results…
NEW DELHI: The Congress party on Tuesday passed a resolution to organise a nationwide protest on August 22, pressing the government to establish a Joint Parliamentary Committee (JPC) to investigate allegations made by US-based firm Hindenburg Research against the Sebi chief and the Adani Group.“Today, we held a meeting with AICC general secretaries, incharges, and…
