Tag: SEBI

SEBI using Artificial Intelligence for investigations, says official

February 24, 2024 admin

SEBI logo used for representational purpose. | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on February 24 and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market,…

Business

SEBI proposes ways for deregistered offshore funds to dispose of securities

February 8, 2024 admin

Securities and Exchange Board of India (SEBI) in Mumbai. File | Photo Credit: REUTERS Markets regulator SEBI proposed on Wednesday ways in which offshore funds whose India licences have expired can dispose of securities they hold, according to a discussion paper issued on the regulator’s website. A discussion paper is the first step taken by…

Business

Tribunal Rejects SEBI’s Order Against Zee’s Punit Goenka

October 30, 2023 admin

The order came after Punit Goenka challenged the Sebi’s confirmatory order (Representational) Mumbai: In a major relief to Zee Entertainment Enterprises’ promoter Punit Goenka, the Securities Appellate Tribunal on Monday quashed Sebi’s order that had barred him from holding key managerial posts in the company and other group firms. While setting aside the order, the…

Nation

Who Is Nasiruddin Ansari? 5 Points On ‘Baap Of Chart’ Owner Fined By SEBI

October 26, 2023 admin

Nasiruddin Ansari has been fined Rs 17.2 crore by market regulator SEBI. Mohammad Nasiruddin Ansari, who promoted himself a stock market expert on social media, has been barred by market regulator SEBI for “misleading investors”. He has also been ordered to refund Rs 17.2 crore collected from his followers. Here are five points on Nasiruddin…

Nation

Baap Of Chart Banned From Market, Ordered By SEBI To Refund $2.1 Million

October 26, 2023 admin

Market regulator SEBI barred a popular influencer on social media from securities trading and ordered him to refund Rs 17.2 crore rupees collected from followers after its investigation found he gave stock recommendations in the garb of providing educational training. The action by the Securities and Exchange Board of India follows a growing clamor on…

Nation

SEBI orders defreezing of bank, demat accounts, MF folios of Rana Kapoor

October 25, 2023 admin

Yes Bank founder Rana Kapoor. File. | Photo Credit: PAUL NORONHA Capital markets regulator SEBI has ordered the defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering…

Business

SEBI should stand firm, finish its probe into Adani matter in timely manner: Jairam Ramesh

October 19, 2023 admin

Jairam Ramesh. File | Photo Credit: ANI The Congress on October 19 urged the Securities and Exchange Board of India (SEBI) to stand firm and finish its investigation into the Adani matter in a timely manner, even as it reiterated that only a JPC probe can investigate the full scope of the issue. In a…

Business

Morning Digest | Army officer injured in ‘grenade accident’ at a post in J&K’s Rajouri; supply copy of FIR to NewsClick founder, court tells Delhi Police, and more

October 6, 2023 admin

Army says officer injured in ‘grenade accident’ at a post in J&K’s Rajouri The Army on October 5 evening said one officer has been injured in a likely grenade accident at a post in Jammu and Kashmir’s Rajouri sector. “The officer was evacuated and stable post initial treatment. Further investigation of the incident in progress,”…

World

Burman family entities make open offer to acquire 26% stake in Religare Enterprises at ₹235 a share

September 25, 2023 admin

Four entities belonging to the Dabur’s Burman family have made an open offer to the Public Shareholders of Religare Enterprises Ltd (REL) to acquire upto 26% of the Expanded Voting Share Capital of REL at ₹235 ler share. The company’s share on the BSE was trading at ₹264 a piece at 9.30 am. The Open Offer…

Business

SEBI levies ₹55 lakh fine on 11 entities for non-genuine trades

September 22, 2023 admin

The logo of the Securities and Exchange Board of India is pictured on the premises of its headquarters in Mumbai, India. | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) has levied penalties totalling ₹55 lakh on 11 entities for indulging in non-genuine trades in illiquid stock options segment on the Bombay Stock…

Business