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Disinvestmnent department seeks OFS route to divest in PSUs

Jul 28, 2014

Disinvestmnent department seeks OFS route to divest in PSUs

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said. #Economy #ThisisNext #finance ministry #coal india #SEBI #ONGC #REC #Department of Disinvestment #Offer for sale
Satyam case: Sebi bans Ramalinga Raju, others for 14 years, seeks Rs 1,849 cr

Jul 15, 2014

Satyam case: Sebi bans Ramalinga Raju, others for 14 years, seeks Rs 1,849 cr

In its 65-page order, effective immediately, Sebi said these five persons "have committed a sophisticated white collar financial fraud with pre-meditated and well thought of plan and deliberate design for personal gains and to the detriment of the company and investors in its securities". #Business #ThisisNext #Investing #SEBI #Mahindra Satyam #Satyam Computer #B Ramalinga Raju #B Rama Raju
Sebi chief UK Sinha meets Jaitley, did he deliver his budget wishlist?

Jul 03, 2014

Sebi chief UK Sinha meets Jaitley, did he deliver his budget wishlist?

Market Regulator Securities and Exchange Board of India (Sebi), Chairman U K Sinha, on Thursday held discussions with Finance Minister Arun Jaitley, days ahead of the Union Budget. #SEBI #Arun Jaitley #Union Budget #UK Sinha #Budget 2014 #Sector Watch
Rs 3,117 crore deposited with Sebi: Sahara tells SC

Jul 01, 2014

Rs 3,117 crore deposited with Sebi: Sahara tells SC

The Sahara group on Tuesday filed an affidavit in the Supreme Court stating it has deposited Rs 3,117 crore so far with Sebi and that it is trying to raise more money to meet the condition of paying Rs 5,000 crore to get bail for its chief Subrata Roy. #India #NewsTracker #Supreme Court #SEBI #Sahara #SIRECL #SHICL
Saradha scam: CBI registers 47th case, TMC MP accused

Jun 27, 2014

Saradha scam: CBI registers 47th case, TMC MP accused

The Central Bureau of Investigation (CBI) on Thursday registered a 47th case in connection with its probe in the Rs 10,000 crore Saradha chit fund scam. #India #New Delhi #NewsTracker #SEBI #CBI #West Bengal #Trinamool Congress #TMC #Kunal Ghosh #Sudipta Sen #Chit fund scam #Saradha Chit fund scam
RBI to sell govt securities worth Rs 15,000 crore on Friday

Jun 16, 2014

RBI to sell govt securities worth Rs 15,000 crore on Friday

The Reserve Bank will sell dated government securities worth Rs 15,000 crore in four tranches on Friday, RBI said. #India #RBI #NewsTracker #SEBI #Government bonds
BSE seeks reduction in securities transaction tax

Jun 11, 2014

BSE seeks reduction in securities transaction tax

BSE has written to the government seeking rationalisation and reduction in STT. #Sensex #Economy #India #SEBI #BSE #markets #Securities Transaction Tax
SC dismisses Sahara chief's house arrest plea, allows sale of assets

Jun 04, 2014

SC dismisses Sahara chief's house arrest plea, allows sale of assets

The Sahara chief, who is in Delhi's Tihar jail since 4 March, was earlier directed by the apex court to pay Rs 5,000 crore in cash and furnish a bank guarantee of Rs 5,000 crore as pre-condition for his release. #India #London #NewsTracker #Supreme Court #SEBI #Subrata Roy #Sahara #New York #Saudi Arabia #Sahara India #Plaza Hotel #Sahara investors #Fali Nariman #Investments abroad #Sahara assets
SC lifts freeze on assets, but Subrata Roy to remain in jail

Jun 04, 2014

SC lifts freeze on assets, but Subrata Roy to remain in jail

Sahara group chief Subrata Roy will remain in jail even as the Supreme Court on Wednesday lifted the freeze on the group's moveable and immovable assets so it could raise Rs.10,000 crore for part repayment to investors. #NewsTracker #Securities and Exchange Board of India #Supreme Court #SEBI #Subrata Roy #Sahara #OFCD #Aambey Valley #SIRECL #Optionally Fully Convertible Debentures #Sahara India Real Estate Corporation Limited #SHICL #Sahara Housing Investment Corporation Limited #Sahar chief Subrata Roy #assets frozen
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