November 22, 2013
The Sahara story is much more than one about a company engaged in para-banking activity and violating capital market regulations.
New Delhi, Nov 21
Pushing forward the new companies law, the government today issued the final set of draft rules, relating to winding up of firms and cost audit.With the latest two tranches, the Corporate A...
Mumbai, Nov. 18
Bourses told to monitor quality of disclosures of top 500 companies by market cap
Mumbai, Nov. 14
Panel says tax payers’ money must not be used to provide financial help
Mumbai, Nov. 12
Commodity market regulator Forward Markets Commission on Tuesday received a personal submission from the promoter and two directors of Multi-Commodity Exchange. The process was part of l...
Mumbai, Oct. 29
The Securities and Exchange Board of India has refused to consider a consent application filed by Mukesh Ambani-led Reliance Industries in an alleged insider trading case as directed by the Securi...
New Delhi, Oct. 24
‘Cost of regulation is bound to be high’ »
October 6, 2013
The Government’s response to financial scams should depend not on how loudly the victims complain, but on how severely they have been hit.
Bhubaneswar, Dec 7
The Odisha Government has issued an interim order for the attachment of properties of Kolkata-based ponzy scheme firm Saradha Group and the State-based Seashore Group of companies which allegedly...
Mumbai, Nov. 21
Jignesh Shah agrees to pay Rs 1,100-1,200 cr to investors
Washington, Nov 20
The $13-billion settlement that JPMorgan Chase agreed to yesterday is the largest ever between the Justice Department and a corporation. Yet it isn’t likely the end of the bank’s legal troubles ov...
Bangalore, Nov. 18
National Stock Exchange (NSE) has opened an Investor Services Centre at Bangalore to offer the service of complaint resolution and arbitration mechanism for investors based in Karn...
Mumbai, Nov. 13
The Arvind Mayaram committee, formed to look into alleged irregularities at the National Spot Exchange Ltd (NSEL), is doubtful whether the process of attachment of properties and a...
New Delhi, Nov 5
Crisis-ridden bourse NSEL defaulted for the 12th straight time today as it could pay only Rs 11 crore to investors against a scheduled payment amount of Rs 174.72 crore.With today’s pay-out,...
Mumbai, Oct. 28
The Bombay High Court has directed the Forward Markets Commission (FMC) to appoint within two weeks an independent agency, which will carry out forensic audit on the much debated e-series...
Mumbai, Oct 7
The Bombay High Court has asked the commodity regulator Forward Markets Commission (FMC) and the Economic Offences Wing to inspect all transactions carried out by National Spot Exchange Ltd (NSEL)...
October 3, 2013
The new rules are not strong enough to bring errant promoters to book.