Thursday, 7 July, 2022

Topic: SEBI

SEBI imposes Rs 30 lakh fine on RIL for not promptly disclosing Facebook-Jio deal

The market regulator initiated proceedings against billionaire Mukesh Ambani’s oil-to-retail conglomerate and its compliance officers, Savithri Parekh and K. Sethuraman.

‘Just for fun’ — Gujarat broker says didn’t actually use ‘kala jadu’ to spark stock market fall

Stockbroker Minish Patel had claimed in a Telegram message to his 12 lakh subscribers that he spent Rs 8.5 crore on ‘black magic’ to trigger market fall last week.

SEBI probes Schroders, Axis AMC partner, for alleged ‘front running’ by officials

Axis AMC, country's seventh-largest asset manager with $32 billion in assets, Friday said it had suspended 2 fund managers pending an investigation due to potential irregularities.

What is front running? The illegal practice that led Axis Mutual Fund to crack down on staffers

Axis AMC says it has been conducting an investigation over the last two months, 'with the help of reputed external advisers', into potential irregularities.

SPACs are all the rage to list companies on stock exchange – India must not turn a blind eye

Special Purpose Acquisition Companies, or SPACs, offer target companies a swift and hassle-free mechanism to list on stock exchanges.

NSE ex-CEO didn’t keep defined policies for server access, this aided manipulation, says CBI

It has been alleged that it was during Chitra Ramkrishna’s tenure as NSE chief that co-location set-up being probed by the CBI was 'conceptualised and implemented'.

Preferential access, split-second info advantage: How NSE servers were ‘compromised for gain’

CBI has arrested ex-NSE chief Chitra Ramakrishna in bourse manipulation case, for ‘sharing’ crucial and confidential info with an individual she called ‘Himalayan yogi’.

Mail trail, screenshots — why CBI suspects Anand Subramanian was ‘faceless yogi’ of NSE saga

Former NSE group operating officer Anand Subramanian was arrested in Chennai Friday and brought to Delhi for questioning. He will be in CBI's custody till 6 March.

Full text of controversial NSE email exchanges between Chitra Ramkrishna and ‘faceless yogi’

Mails show the extent of meddling into NSE affairs by Himalayan yogi; vulnerability of former NSE chief in decision-making.

‘Tedious and complicated’: Big firms ask SEBI to reverse related-party rule

Last year, the market regulator tightened rules on related-party transactions to curb siphoning of funds by founders and ensure better corporate governance.

On Camera


Mahendra Singh Dhoni sporting an Army insignia on his glove during the India-South Africa

MS Dhoni is the rainbow of Indian cricket, a cult figure who inspires youth across nation

Mahendra Singh Dhoni’s honest self-assessment always put the interests of Indian cricket ahead of any desire to build a ‘legacy’ for himself.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.


Nepali Gorkhas to be recruited in Indian Army through Agnipath scheme, here is how

Similar to terms for Indian soldiers, the Nepalis would be inducted for 4 years, after which only 25 per cent would be retained.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.