REGULATIONS


MDT/PTI 14 August 2012
SEBI said, Aadhaar letter issued by UIDAI would be admissible as proof of address in addition to its presently being recognised as proof of identity   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has said investors can use 'Aadhaar' letters as a valid...

Read More



MDT/PTI 14 August 2012
SEBI also asked stock exchanges to conduct immediate scrutiny of the audit issues highlighted in these documents and seek necessary clarifications from the company Mumbai: Tightening noose around companies trying to hide issues raised by auditors in their voluminous annual reports,...

Read More



MDT/PTI 13 August 2012
The SEBI Board in its meeting on 16th August is likely to discuss regulations for mutual funds and IPOs, including a 'safety net' guarantee and tax incentives for new investors   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) will consider this week...

Read More



MDT/PTI 13 August 2012
SEBI barred International Hometex, its CMD Vineet Kumar Agarwal and directors Vinod Kumar Agarwal and Vishwinder Nath Gupta from markets till they resolve all 21 pending investor grievances   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has barred textile...

Read More



MDT/PTI 13 August 2012
The agency would be roped in to assist SEBI in its campaign aimed at educating and creating awareness among retail investors and converting the current savers into investors   New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has shortlisted 13 agencies in its...

Read More



Moneylife Digital Team 11 August 2012
The Economic Times wrote a few days ago that the mutual fund advisory committee has suggested a 2% entry load. Business Standard wrote today that no such thing was discussed and the minutes were doctored. If true, this only shows lawlessness inside SEBI. Here is a video discussion between...

Read More



MDT/PTI 09 August 2012
These SEBI executives being investigated for alleged cases of irregularities, bribery and corruption are assistant general managers Jerome K Alexander and Rajesh Pratap Singh and deputy general manager Avarjeet Singh   New Delhi: The government on Thursday said three executives of...

Read More



Delhi High Court allows Midas Touch Investors Association to be impleaded into the public interest litigation against SEBI’s artibrary Consent Orders   Despite strenuous objections by the Securities & Exchange Board of India (SEBI) the Delhi High Court has allowed Midas Touch...

Read More



If cases relating to important scams can languish for 12 years, isn’t it proof that SEBI has failed its basic mandate? At the end of July, the Securities Appellate Tribunal (SAT) let off the brokerage firm Subhkam Securities Pvt Ltd in a case pertaining to trading in the shares of Mascon...

Read More



Moneylife Digital Team 09 August 2012
The former Secretary calls for senior functionaries at SEBI and RBI to make public disclosure of their salaries and an annual declaration of their assets, in accordance with the spirit of Article 19 of the constitution which confers on the citizen the right to know about various public...

Read More



The gross corporate misdemeanors reported by Indian and overseas financial analysts make it imperative to revisit the process of appointment of independent directors and auditors—statutory and internal   The CBDT (Central Board of Direct Taxes) chairman-headed report on black money...

Read More



Moneylife Digital Team 08 August 2012
The market regulator has sent a routine, post-office like acknowledgement, even after writing to its chairman, which ensured that SEBI can wash its hands off any responsibility of responding It is an open secret that market regulator Securities and Exchange Board of India (SEBI), time...

Read More



MDT/PTI 07 August 2012
The draft guidelines of IRDA pertain to participation of insurers in repo and reverse-repo operations in government securities and corporate debts   New Delhi: The Insurance Regulatory and Development Authority (IRDA) has came out with three draft guidelines with a view to giving...

Read More



MDT/PTI 06 August 2012
Nearly a year after the final listing guidelines were issued for life insurance players, none of the 10-odd insurers who are eligible for public float have got listed so far and now IRDA is issuing norms for non-life players   Mumbai: Insurance Regulatory and Development Authority...

Read More



MDT/PTI 06 August 2012
The approvals would allow MCX-SX to expand its offerings in the currency derivatives segment by introducing currency options in the USD-INR currency pair   New Delhi: MCX Stock Exchange (MCX-SX) has said it has received approvals from market watchdog Securities and Exchange Board of...

Read More



MDT/PTI 31 July 2012
BSE said these 52 companies ceased to fulfil eligibility criteria and hence would not be available for trading in the securities lending and borrowing or SLB segment    Mumbai: The BSE said it will exclude 52 stocks including Oil India, Essar Oil and MRPL from trading in securities...

Read More



MDT/PTI 30 July 2012
SEBI is looking into the possibility of brokers being used as front entities by some foreign investors, HNIs financiers and even company promoters   New Delhi: Some little-known brokers have come under the scanner of market watchdog Securities and Exchange Board of India (SEBI) for...

Read More



MDT/PTI 27 July 2012
The apex court issued notice to union government on a PIL challenging Finance Minister's power to nominate two members in the search and selection board for appointment of SEBI chairman and full time members New Delhi: The Supreme Court on Friday issued notice to the Centre on a public...

Read More



Some operator-driven stocks in the F&O segment have crashed in response to SEBI’s decision to change the norms. Why had NSE added a bunch of dubious stocks to the F&O list that was open to manipulation and why is BSE silent about manipulation in hundreds of obscure companies? The answer is...

Read More



Moneylife Digital Team 26 July 2012
The panel recommended that general insurance companies proposing to come out with IPOs should disclose the “claims arising out of catastrophic losses, which could impact the profitability or cash flow of the insurance companies.” Mumbai: Clearing the decks for the Insurance Regulatory...

Read More

Free Helpline
Legal Credit
Feedback