Sebi

Suspense on deputy CM, other ministers in Bihar

PM Modi meets financial regulators; discusses measures to revive COVID-hit economy

11:58 pm July 30, 2020

New Delhi: Prime Minister Narendra Modi on Thursday held a brainstorming session with financial sector regulators and discussed various measures to revive the economy hit hard by COVID-19 crisis. According to sources, the meeting discussed various steps that regulators, especially the Reserve Bank of India, can take to push economic growth staring at the risk of contraction. RBI […]

BSE, NSE to suspend trading in Coffee Day Enterprises, CG Power from Feb 3

3:30 pm January 13, 2020

New Delhi: Leading stock exchanges BSE and NSE will suspend trading in shares of cafe chain operator Coffee Day Enterprises and fraud-hit CG Power and Industrial Solutions from February 3 for not complying with listing norms pertaining to submission of quarterly financial results. However, if companies comply with the provisions of listing norms on or […]

Infosys completes acquisition of Kaleidoscope Innovation

Infosys faces another lawsuit in US

10:43 pm December 12, 2019

New Delhi: US-based Schall Law Firm has said it will file a class action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of “unethical practices” at the Indian IT major. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices […]

JM Financial arm to raise up to Rs 500 cr

8:23 pm August 4, 2019

New Delhi: JM Financial said its subsidiary JM Financial Products Ltd will raise up to Rs 500 crore by issuing bonds. JM Financial Products Limited (JMFPL) has filed the Tranche II prospectus for its non-convertible debentures (NCDs), with the Registrar of Companies, BSE and Sebi, JM Financial said in a filing. “The said Tranche II […]

Bomb threat by woman caller to airport in TN a hoax, say officials

Sebi seeks details from IndiGo on promoter complaints

8:12 pm July 9, 2019

New Delhi: Investigating complaints from a promoter about alleged irregularities at IndiGo, markets regulator Sebi has sought details from the airline’s listed parent firm InterGlobe Aviation by July 19. One of the promoters Rakesh Gangwal has Sebi’s intervention in addressing his grievances, InterGlobe Aviation said in a regulatory filing on Tuesday. IndiGo is the country’s […]