Markets regulator Sebi has ordered Purusattam Infotech Industries to refund the money it had illegally raised from people, along with interest.
In addition, the company and its directors have been
More than 100 listed companies, including United Spirits Ltd and long-grounded Kingfisher Airlines, have been slapped penalties for violating the Listing Agreement provisions set forth by Sebi and exchanges.
As it steps up its crackdown on tax evasion and laundering of black money through stock markets, regulator Sebi has busted an 'innovative' scheme wherein HNIs were incurring 'bogus losses'
Urging investor groups to play an active role in governance matters of listed firms, Sebi today said AGMs are no more 'chai-samosa' parties and shareholder activism globally has forced even CEOs to resign at one-fourth of the world's 500 biggest companies.
The government has appointed senior lawyer Arun P Sathe -- elder brother of Lok Sabha Speaker Sumitra Mahajan -- on the board of markets regulator Sebi, raising eyebrows about political
With the largest retirement fund EPFO beginning to invest in capital markets for the first time ever, regulator Sebi has pitched for similar investments by other pension funds as well.
Markets regulator Sebi has approved the initial public offers (IPOs) of two companies -- Numero Uno Clothing and Sadbhav Infrastructure Project-- which have plan to raise at least Rs 490
In a stern warning to corporates seeking to settle their capital market crimes, regulator Sebi has said anyone committing a serious offence must face the axe and any settlement plea
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William D. Green
Chairman & CEO, Accenture