REGULATIONS


Wing Commander (Retd) CR Mohan Raj 25 September 2012
An army officer narrates his harrowing tale of how his life savings got wiped out at Motilal Oswal, his victory in consumer courts and how SEBI took the brokers’ side despite clear grounds of fraud and forgery. And SEBI is supposed to protect investors’ interests! The very first sentence...

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MDT/PTI 25 September 2012
Last month, the cabinet approved a proposal for conversion of debentures worth Rs923 crore into shares of IFCI, that in turn raised government's stake to over 55% from less than 1%   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has approved a proposed hike...

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MDT/PTI 25 September 2012
SEBI had summoned Mehta, the CA, to examine his link to Sangeeta Jayram Sawant, director of 30 companies that were connected to the promoters which were buying and selling shares of BoR, but he did not comply with the order New Delhi: Market regulator Securities and Exchange Board of...

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MDT/PTI 24 September 2012
IRDA has proposed the lead insurance model on the basis of geography, similar to banking industry in order to give emphasis on availability of various services in one particular zone Mumbai: The Insurance Regulatory and Development Authority (IRDA) on Monday said it is mulling to follow...

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MDT/PTI 24 September 2012
The insurance regulator would prescribe annual targets for insurance companies so that they can provide insurance cover to entire population under the BPL category over next five years   New Delhi: The Insurance Regulatory and Development Authority (IRDA) has come with a draft...

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MDT/PTI 24 September 2012
SEBI said an investor can reach out to the regulator for grievances against a listed company on issues like refund, allotment, bonus, dividend, rights, redemption, prelisting offer documents of shares, debentures and bonds, delisting of securities, buyback of securities, corporate governance...

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MDT/PTI 24 September 2012
Out of the 20 pending applications for alternative investment funds, SEBI said 15 applications are "being processed", while it has sought further details from five others New Delhi: As many as 20 entities have sought Securities and Exchange Board of India (SEBI)'s approval to set up...

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MDT/PTI 24 September 2012
Funds structured as PCCs, which are legal entities in places like Mauritius, might be looking at a re-entry into Indian markets through routes like foreign venture capital funds and other avenues for round-tripping of funds New Delhi: Securities and Exchange Board of India (SEBI) is...

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MDT/PTI 21 September 2012
These penalties have been imposed after a SEBI probe found that the three entities, including Gupta, were involved in manipulative trading in shares of Videocon Industries and NRB Bearings   New Delhi, Sep 20 (PTI) Market regulator Securities and Exchange Board of India (SEBI) has...

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MDT/PTI 21 September 2012
In March, SEBI had withdrawn a ban against 100 entities belonging or linked to the Tayal group, after barring these entities for two years from the markets   Mumbai: The Securities Appellate Tribunal (SAT) has upheld an order issued by Securities and Exchange Board of India (SEBI)...

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MDT/PTI 20 September 2012
According to the CCI Chairman, there are complaints that some trade associations have used their platform for anti-competitive activities   Mumbai: The Competition Commission of India (CCI) on Thursday said it has come across cases of some trade and industry bodies indulging in unfair...

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MDT/PTI 20 September 2012
Imposing a penalty of Rs6 lakh on SBI Life Insurance, the insurance regulator also reprimanded the company that its business practices severely dent public faith   New Delhi: The Insurance Regulatory and Development Authority (IRDA) has imposed a penalty of Rs6 lakh on SBI Life...

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MDT/PTI 20 September 2012
IRDA said no general insurance company shall approach SEBI for public offering without specific previous written approval of the insurance regulator   New Delhi: General insurance companies planning to tap the capital market for funds should have a 10 year experience and will have to...

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MDT/PTI 20 September 2012
While setting aside orders issued by SEBI, the Tribunal also pulled up the market regulator for delay in finalisation of proceedings against two directors of Denim Enterprises   New Delhi: The Securities Appellate Tribunal (SAT) has set aside orders issued by  Securities and Exchange...

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MDT/PTI 20 September 2012
In its order SEBI disposed off the notices saying there are no complaints pending against Jayant Vitamins and three of the company's directors   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has disposed of show-cause notices issued to Jayant Vitamins Ltd and...

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MDT/PTI 20 September 2012
The central bank is finding different ways of allowing people to take advantage of gold price movement without physically buying New Delhi: Concerned over rising gold imports, the Reserve Bank of India (RBI) has said it is planning to come out with financial products on the lines of gold...

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MDT/PTI 18 September 2012
SEBI said Krupa Sanjay Soni and Sanjay Soni sold shares in Shree Global Tradefin acting as a part of a group and thus profited significantly from the offloading New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs60 lakh on two individuals...

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MDT/PTI 18 September 2012
RBI guidelines require banks to make specified valuation adjustments for various risks or costs in their portfolios including derivatives, which are subject to 'mark to market' requirement and also for illiquidity of these positions   Mumbai: The Reserve Bank of India (RBI) has issued...

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Moneylife Digital Team 17 September 2012
The 25 basis points cut in CRR would infuse Rs17,000 in to financial systems, thus allowing banks to reduce interest rates on loans to attract borrowers   The Reserve Bank of India (RBI), in its mid-term monetary policy review has cut cash reserve ratio (CRR, the amount of deposits...

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MDT/PTI 17 September 2012
Taking note of retail MF assets accounting for as high as 74% of GDP in the US and 42% in the UK, the Indian market regulator asked its mutual fund advisory panel to study regulatory provisions in international jurisdictions to suggest ways to channelize retail savings into MFs   New...

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