Sebi today disposed of two cases of alleged violation of insider trading norms against Shreekant Javalgekar and his wife Asha with regard to the shares of MCX and FTIL.
Sebi disposed of show cause notices issued against five individuals in the matter of Financial Technologies, now known as 63 Moons Technologies.
Sebi disposed of show cause notices against four former officials of MCX as alleged violation of insider trading rules by them could not be established.
Indian market lost ground last week. The bears stopped its multi-week run. Highlights for the week ahead:
Sebi will defreeze the bank accounts of Anjani Sinha and Joseph Massey which were frozen by the regulator in an alleged insider trading case.
Meghwal said that NSEL and PACL scams were a legacy of the previous regime which the current government is trying to address.
Sebi's board will meet to discuss the actions taken so far against brokers allegedly involved in the Rs 5,600 cr NSEL scam.
Markets regulator Sebi has issued fresh notices to at least 20 entities including brokers for allegedly indulging in irregular activities in the Rs 5,600 crore NSEL scam.
Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric
Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years
Group is entering into a management contract with The Park Hotels
Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh
Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr
Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders
Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils
The govt announced in the budget a hike in import duty to 30-35%
TPG Cap and Manipal Health are eyeing controlling stake in the co
Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors
Will have to buy at least 26% stake through Voluntary open offer as part of takeover code
A 26% shareholding will automatically trigger the mandatory open offer for additional 20%
Business Standard Reports
TRAI issues show-cause notice to co
Seeks details of non-transparent, discriminatory tariffs to consumers
Have to respond till Mar 25
Action to depend on if tariff reported to regulator or not
Notice first one after TRAI issued tariff order on predatory pricing
Economic Times Reports