Government writes to Sebi on Cairn-Vedanta deal
The government has written to market regulator SEBI saying Cairn Energy Plc's deal to sell majority stake in its Indian arm to Vedanta Resources does not yet have its approval, a condition contingent
Sebi asks brokers to collect investors' income proof
Concerned over inadequate checks on possible flow of black money into stocks, market watchdog Sebi has asked brokers to get income details such as tax returns, salary slips and bank account statements
Sebi wants to split CMD post
New Delhi, Aug. 17: Market regulator SEBI has not gotten a suggestion for preventing the same individual from holding the position of chairman and managing director simultaneously in listed entities,
Sebi must probe PW, says ICAI
New Delhi, Aug. 15 Expressing satisfaction over the Bombay High Court order, Institute of Chartered Accountants in India (ICAI) on Sunday said Sebi is the right authority to probe allegations of irre
Sebi notices on Anil firms
Aug. 2: Market regulator Sebi on Monday has asked RNRL, RInfra, their chairman, Mr Anil Ambani and a few top executives to appear before it for personal hearing on September 3 in a case concerning the
Investors stay cool to Ulip law
Aug. 2: The very public spat between the two regulators, Sebi and Irda, on the Ulip issue may have embarassed the government, but it benefitted the consumer. The fight over Ulips focused a lot of publ
Pranab gets LS to clear Ulip law
Aug 2: The government finally passed on Monday the Securities and Insurance Laws (Amendment) and Validation Bill, 2010 – popularly known as the Ulip bill.
The bill has two key features. Firstly, it