Sebi may put chek on CEO pay
New Delhi: In a major overhaul of corporate governance norms, Sebi will soon put in place stringent checks against unjustifiable CEO salaries at listed companies and ask them to adopt a whistle-blowe
Sahara chief Subrata Roy be punished for contempt: SEBI to SC
New Delhi: SEBI on Tuesday made a forceful plea to the Supreme Court to punish Sahara chief Subrata Roy along with his two firms and their directors for not complying with its order for refunding Rs
SEBI gets more powers; can seek old-case details from peers
New Delhi: In a major upgrade of powers given to SEBI, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disg
SC ticks off Sahara for not refunding Rs 24,000 crore
New Delhi: The Supreme Court on Wednesday pulled up Sahara group for not refunding Rs 24,000 crore to investors and said that Sahara chief Subrata Roy and directors of its two companies will have to
SEBI gets more powers for ponzi crackdown, effective execution
New Delhi: Giving SEBI more teeth to take on ponzi operators and others defrauding investors, government on Wednesday decided to arm the market regulator with direct powers to conduct search and seiz
'Cut and paste' job costs Tata company Rs 2.28 lakh
Mumbai: An erroneous 'cut and paste' job in updating its shareholding pattern has cost a Tata group firm, the Tinplate Company of India Ltd, an amount of Rs 2.28 lakh as payments towards settlement o
Sebi cracks the whip on ‘cattles, ghee’
New Delhi: Sebi on Friday clamped down on an investment scheme involving collection of public funds for purchase of cattle to earn huge returns from sale of ghee and asked the company as well as its
US Federal Reserve decision may affect IPOs
Mumbai: With high bouts of volatility being experienced in the secondary market and global liquidity expected to tighten once the US Federal Reserve starts scaling back its quantitative easing progra
SAT dismisses Shriniwas Power’s appeal against Sebi
The Securities Appellate Tribunal (SAT) has dismissed an appeal by Shriniwas Power & Infrastructure Ltd against market regulator Sebi’s order of imposing penalty on the company for making incorrect disclosures related to the shareholding of promoters.
Sahara freeze order gets Sebi Rs 52 cr in cash, investments
New Delhi: Market regulator Sebi has been able to get hold of cash and investments totalling about Rs 52 crore and details of more than 450 acres of land so far through its attachment orders against