Friday, 30 September, 2022
TopicSEBI

Topic: SEBI

Singh brothers defrauded Fortis Healthcare of Rs 4 billion

Sebi found that brothers Malvinder and Shivinder Singh have defrauded Fortis Healthcare of Rs 4 billion and ordered them to repay the amount.

Modi govt seizes control of IL&FS in a surprise takeover move

Shares of the group’s listed subsidiaries climbed in Mumbai before the decision was announced.

India Inc is getting retired IAS, IFS officers as directors to get closer to Lutyens’ Delhi

450 former civil servants are on company boards, many in sectors they regulated while in government, raising questions of propriety and ethics.

Indian regulators need to stop the IL&FS rot from spreading

RBI & SEBI need to urgently offer an emergency bailout to IL&FS before it does more harm to the rest of the market.

Brokers urge Sebi to delay extended derivative trading

Local and foreign brokers have raised concerns over their readiness and the costs of implementing the proposal.

I’m no defaulter, being made soft target for 2019 as Modi govt is under pressure: Choksi

Mehul Choksi, accused in the Rs 11,000-crore PNB scam, claims he has an Antiguan passport for business expansion and blames bank for fraud.

After Mehul Choksi & Nirav Modi, SEBI fears this TMC MP will be next to flee the country

In a July affidavit in Calcutta HC, SEBI submitted that Singh allegedly ‘siphoned off’ close to $100 mn to accounts in Europe.

Regulators step in, Indian and Singapore exchanges to revive talks

Tensions had erupted when Singapore's SGX announced plans to launch single-stock futures on Indian companies forcing India's NSE to sue it.

‘Muni’ bond to the rescue. After Indore’s success, cities eager to raise their own funds

Madhya Pradesh is taking the lead in ‘muni bonds’ with cities such as Gwalior, Jabalpur and Bhopal set to follow suit.

At a time when it needs dollars, India shows how to make villains of its heroes

Stock market regulator Sebi's 'high-risk' countries measure reeks of bureaucratic overkill. 

On Camera

YourTurn

CDS Gen Anil Chauhan has a lot to do. But first, fast track what Gen Bipin Rawat started

The fact that the Narendra Modi government waited nine months to appoint Gen Anil Chauhan as the second CDS shows that it has complete faith and trust in him.
Representational image | Rupixen/Unsplash

Eye on indebted cooperatives, Maharashtra sets up asset reconstruction firm, 1st state to do so

Maha ARC Ltd, incorporated Monday with initial capital of Rs 111 crore, will restructure firms under financial distress that have direct links to state govt. RBI yet to issue licence.

Defence

Pinaka is a multiple rocket launcher produced in India and developed by the DRDO for the Army | Twitter/@DRDO_India

As tensions rise with Azerbaijan, Armenia buys Pinaka rockets & ammunition from India

The government-to-government contract, valued at about Rs 2,000 cr, is learnt to have been signed earlier this month. Supplies to be fast-tracked according to Armenia's requirement.
Illustration by Soham Sen | ThePrint

AAP’s filling a big vacuum in Indian politics. Question is how long it can sustain without ideology

If you find admiration for AAP qualified, if not muted among many of the Modi-BJP’s critics, it is because they question it for its lack of ideological clarity. Especially on secularism.
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