New Delhi: Adani Energy Solutions Ltd (AESL), the power transmission arm of the Adani group, on Tuesday, October 22 said it has received a notice from SEBI alleging wrongful categorisation of certain investors as public shareholders. Without giving details, the firm in notes to its second-quarter earnings statement said it will respond to regulatory and … Read more
New Delhi: IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030. The company seeks to raise up to $3.26 billion through an IPO and shares are expected to begin trading on October 22. … Read more
Representative Image The Securities and Exchange Board of India (Sebi) has imposed Rs 1 crore fine on Jai Anmol Ambani, son of Anil Ambani, for alleged irregularities involving Reliance Home Finance. Sebi claims that Jai Anmol failed to exercise reasonable due diligence regarding the entire general purpose working capital (GPCL) lending and the subsequent lending … Read more
Mumbai: The Securities and Exchange Board of India (SEBI) has reportedly issued show-cause notices to Paytm Founder and CEO, Vijay Shekhar Sharma, and erstwhile board members of One 97 Communications Ltd (Paytm’s parent company), over alleged misrepresentation of facts during the company’s initial public offering (IPO) in November 2021. Paytm shares declined as much as … Read more
New Delhi: As the financial landscape in India witnesses a significant shift, the mutual fund ecosystem has played a crucial role in this transformation, stepping up remarkably to earn the trust of Indian investors, the Securities and Exchange Board of India (SEBI) said on Friday. Addressing industry chamber Assocham’s ‘16th Mutual Fund Summit’ in the … Read more
Mumbai: After Hindenburg Research alleged that Kotak Mahindra group created and oversaw the offshore fund structure used by the investor partner of Hindenburg to short Adani stocks, the group on Tuesday said Hindenburg was never a client of its offshore fund and the fund was unaware of the US short seller being a partner of … Read more
New Delhi: US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator SEBI over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as … Read more
Representative Image New Delhi: Adani Group stocks remained steady on Wednesday after the Securities and Exchange Board of India (SEBI) initiated a probe against two foreign portfolio investors, including one accused of allegedly shorting stocks in Adani Group companies prior to a report from Hindenburg Research. The capital market regulator is seeking explanations from these … Read more
Representative Image Mumbai: Institutional investors will have to disclose upfront at the time of placement of an order whether the transaction is a short sale, according to a new circular issued by markets regulator SEBI on Friday. However, retail investors would be permitted to make a similar disclosure by the end of the trading hours … Read more
