Anil Ambani to take appropriate next steps as legally advised says spokesperson

Anil Ambani to take appropriate next steps as legally advised says spokesperson

File photo of Anil Ambani, chairman, Reliance ADA Group. | Photo Credit: PTI Reacting for the first time since the Securities & Exchange Board of India (SEBI) passed its final order in the Reliance Home Finance Ltd (RHFL) case, a spokesperson for Anil Ambani, chairman, Reliance ADA Group said “Mr. Ambani is reviewing the Final Order … Read more

Stock broking firms tumble on Sebi order; Angel One tanks nearly 9%

Stock broking firms tumble on Sebi order; Angel One tanks nearly 9%

The Securities and Exchange Board of India (SEBI) has directed stock exchanges and other MIIs to implement a uniform and equal charge structure for all members. File | Photo Credit: Reuters Shares of stock broking firms declined on July 2, a day after markets regulator Sebi directed stock exchanges and other market infrastructure institutions (MIIs) … Read more

SAT Stays Sebi Order on Former PTC India CMD Rajib Kumar Mishra

SAT Stays Sebi Order on Former PTC India CMD Rajib Kumar Mishra

The Securities Appellate Tribunal (SAT) has stayed a Sebi order that restrained former PTC India chairman and managing director Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to corporate governance lapses. Following the order passed by markets regulator Sebi on June 12, Mishra ceased to … Read more