Tag: SEBI

SEBI Chief Madhabi Buch faces allegations, congress demands independent probe

September 5, 2024 admin

Amid the row over allegations against SEBI chairperson Madhabi Buch, the Congress on Thursday (September 5, 2024) demanded an independent inquiry into the matter, asserting that it is in the national interest to have a probe as foreign investors were getting concerned and there were doubts about the integrity of India’s stock markets. The Opposition…

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SEBI blames ‘external forces’ for fuelling discontent among its staff, says they are well-paid but misguided

September 4, 2024 admin

A bird flies past the logo of the Securities and Exchange Board of India (SEBI) at its headquarters in Mumbai on April 19, 2023. | Photo Credit: REUTERS The Securities and Exchange Board of India (SEBI) has blamed “external elements” for “misguiding” its staff, more specifically junior officers in House Rent Allowance (HRA) issues, to target its…

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Didn’t Pay Salary To SEBI Chief After Retirement: ICICI On Congress Claim

September 2, 2024 admin

New Delhi: Madhabi Puri Buch, the chairperson of SEBI (Securities and Exchange Board of India), has not been paid any salary since her retirement, ICICI bank said today, denying Congress’s “office of profit” claims. The Congress had alleged earlier today that Ms Buch, who joined SEBI as a member in 2017 and subsequently became its…

Nation

SEBI bans Rana Sugars’ promoters, others from securities market for two years; imposes ₹63 crore fine

August 28, 2024 admin

Individually, SEBI imposed penalties in the range of ₹3 crore to 7 crore on Rana Sugars, its promoters, and other related entities. | Photo Credit: Special arrangement Markets regulator Securities and Exchange Board of India (SEBI) has debarred 14 entities including, Rana Sugars promoters’ and other related entities from the securities markets for two years…

Business

SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says…

August 26, 2024 admin

Sebi had issued a show cause notice to Paytm on ESOP issued to Mr Sharma. New Delhi: Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company…

Nation

BJP Blames Congress, Industry Dismisses Hindenburg Claims

August 11, 2024 admin

New Delhi: Industrialists, political leaders and investors have crticised US short seller Hindenburg Research over its latest allegations targetting the chairperson of market regulator SEBI and Adani Group. The Group has denied any commercial relation with SEBI’s chairperson Madhabi Puri Buch. A section of political leaders have also accused the Congress of being behind Hindenburg’s…

Nation

SEBI proposed F&O norms to hit exchanges and brokers, say reports

August 11, 2024 admin

Stock exchanges and brokers, catering to retail traders, could be hit hard by the regulator SEBI’s proposed measures for Futures & Options (F&O) trading regulations, with market volumes slumping 30-40%, according to reports. If these measures are implemented, the number of investors could decrease, it added. Moreover, discount brokers, who depend heavily on retail investors,…

Business

SEBI Bans Omaxe, Its Chairman From Securities Market For 2 Years

July 30, 2024 admin

The regulator has levied a fine totalling Rs 47 lakh on 16 entries New Delhi: Sebi on Tuesday barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two years for irregularities in the company’s financial statements. The others restrained from the securities markets…

Nation

SEBI unveils chatbot ‘SEVA’ for investors

July 29, 2024 admin

SEBI’s SEVA chatbot will answer questions relating to the securities markets, latest master circulars and the grievance redressal process. File | Photo Credit: Reuters For investor protection, the Securities & Exchange Board of India (SEBI) has started its Virtual Assistant (SEVA) – an Artificial Intelligence (AI) based conversation platform for investors. The Beta version of…

Business

SEBI’s uniform charge structure for market infrastructure institutions | Explained

July 8, 2024 admin

SEBI observed that market institutions adhere to volume-based charge structures for the same. File | Photo Credit: Reuters The story so far: Markets regulator, the Securities and Exchange Board of India (SEBI) on Monday instructed stock exchanges and other market institutions to levy “uniform and equal” charge structure for all its members, irrespective of the nature…

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