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…
NEW DELHI: Amid a political slugfest over the latest Hindenburg report, Dalal Street discounted the short-seller’s charges against Sebi chairperson Madhabi Puri Buch and her husband Dhaval Buch and their alleged links with the Adani probe, closing 57 points lower in volatile trade.Unlike Jan 2023, when the report on Adani group severely eroded the conglomerate’s…
NEW DELHI: Once bitten, twice shy. A cautious Indian stock market on Monday successfully negotiated the second Hindenburg salvo at the Adani Group with sensex and Nifty closing marginally lower despite a highly volatile trade through the day. And, while the markets did well to survive the potential Hindenburg disruptions, the politicians were once again…
NEW DELHI: The Bharatiya Janata Party (BJP) on Monday accused the Congress of engaging in “chit politics” following the Congress’ demand for a Joint Parliamentary Committee to investigate the recent Hindenburg research report. The report claimed that Sebi chairperson Madhabi Puri Buch had stakes in “obscure offshore entities” allegedly involved in the Adani money siphoning…
NEW DELHI: Sebi chief Madhabi Puri Buch and her husband Dhaval Buch on Sunday rejected the claims of the fresh Hindenburg Research report alleging that the market regulator body chairperson had stakes in “obscure offshore entities used in Adani money siphoning scandal”.Issuing a point-by-point rebuttal, Madhabi Buch and her husband trashed allegations of impropriety levelled…
NEW DELHI: Government is unlikely to immediately step into the controversy created by the Hindenburg report as senior officials believe that the charges against Sebi chief Madhabi Puri Buch and her husband Dhaval, are “untrue and malicious” and are in response to the regulator‘s notice to the short seller. They alleged that Hindenburg may also…
