The names of the three officers have been withheld. Their offices were searched over allegations of the officers' role in saving Saradha ponzi scheme operators.
New India Assurance and General Insurance Corporation were listed in 2017. SEBI norms mandate the govt to now raise public shareholding to 25% from the existing 15%.
SEBI issues circular on perpetual bonds aimed at reducing risks faced by retail investors. This, however, will result in lower demand for bonds issued by banks for raising funds.
The bench was informed by SG Tushar Mehta that the deposit of money is a condition precedent for grant of stay on the direction of the Securities and Exchange Board of India.
A bill to ban private cryptocurrency will soon be sent for cabinet approval. However, it will also enable the issuance of a digital currency by the RBI.
The market regulator's order says Reliance operated to allegedly earn undue profits from sale of shares in Reliance Petroleum in both the cash and futures markets.
The top court had on 9 December asked SEBI to appoint an observer for overseeing the e-voting process with regard to winding up Franklin Templeton's six mutual fund schemes.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
COMMENTS