Sebi Act

O, Brother! Topless UTI will chop its marketing head, too

Fifteen months after the exit of its last head, UTI still has no CEO. It is now axing its marketing head. Should its future be held hostage to the finmin's whims?

Sebi's new agenda is a big clean-up act for markets

Implemented correctly, the new moves could change the face of Indian market infrastructure. The changes will be the ultimate test, not just for the bourses but also for Sebi itself.<br /><br />

Action against 78 firms in FY'13 on complaints: Pilot

In case a company fails to pay dividend, it faces action under sections of Sebi Act, Pilot said.

Cabinet makes Sebi stronger to take on ponzi schemes

Among others, Sebi chairman would have the powers to authorise conducting of search and seizure.

Parliament approves amendments to SEBI Act

The Rajya Sabha today passed the Securities and Exchange Board of India (Amendment) Bill, 2013 which was earlier approved by the Lok Sabha.

Court issues fresh summons to Sahara, its chief Subrata Roy

A magistrate today issued fresh summons to two Sahara Group firms and their top executives, including the organisation chief Subrata Roy, asking them to appear on September 30 in connection with the alleged violation of regulations of Companies Act and Sebi Act.

Sebi has 300 unsettled applications pending

Market-regulator Sebi has 300 applications pending with it that need to be settled with 'consent'.

Sebi reduces timeline for transfer equity shares to 15 days

Market regulator SEBI, to expedite the transfer process of equity shares capitals has reduced the timeline registration of transfer of shares to 15 days from the existing one month.

MF industry wants consumers to pay service tax on schemes

The mutual funds industry wants higher administrative expenses for schemes and it also wants consumers to bear the burden of 12 percent service tax on purchase of schemes.

Bad idea: Why entry loads cannot revive India's MFs

Such a move would only take investors elsewhere, which in no way is going to 'revive' the MF industry.