SEBI should not become another SBI, ‘too scared to touch the sacred’: Congress

New Delhi: The Congress on Wednesday hoped that the SEBI tasked with probing charges of alleged stock manipulation by the Adani Group would not seek further extension for presenting its report in the Supreme Court to push the deadline past the election date. Congress general secretary Jairam Ramesh said the Securities and Exchange Board of … Read more

SEBI directive to mutual funds on overseas stocks stirs debate on investment limit

Representative Image New Delhi: Sebi’s directive to mutual fund schemes with investments in ETFs listed on foreign exchanges comes as the Mutual Fund industry reaches close to the investment limit of $1 billion set by the regulator for this category, says Chirag Mehta, CIO, Quantum AMC. This is reminiscent of the time when the industry … Read more

Rising Bharat Summit: SEBI Chief Madhabi Puri Buch Speaks Laud On Democratisation Of Capital Markets

The Rising Bharat Summit 2024 commenced with fervour in New Delhi on March 19th, heralding two days of dynamic discourse and visionary insights into Bharat’s burgeoning influence on the global stage. Spearheaded by prominent voices such as SEBI Chairperson Madhabi Puri Buch, the summit embarked on a journey to explore the democratisation of capital markets, … Read more

SC directs ex-NSE MD to pay Rs 12.5 lakh in penalty

The Supreme Court on Monday asked Chitra Ramkrishna, the former managing director and chief executive officer of the National Stock Exchange of India (NSE), to deposit half of the ₹25 lakh penalty amount that was confirmed by the Securities Appellate Tribunal (SAT) in the dark fibre and leased line connectivity case. A bench led by … Read more

Paytm shares jumped 5% in the morning trade on February 26, 2024

Paytm, on February 9, announced setting up of a group advisory committee to advise the company on strengthening compliance and on regulatory matters. | Photo Credit: The Hindu Shares of Paytm owner One97 Communications jumped 5% in the morning trade on February 26 after Reserve Bank of India (RBI) asked retail payment settlement body NPCI … Read more

The Hindu Morning Digest: January 4, 2024

Members of the transport union, protest at Jantar Mantar regarding the new laws related to hit and run, in New Delhi on January 03, 2024. | Photo Credit: Shashi Shekhar Kashyap Transport unions threaten to intensify protests The All India Road Transport Workers’ Federation, a platform of various trade unions of drivers and transport workers, … Read more