Search Results for: SEBI

SEBI grants conditional nod to RBL Bank IPO

The Kolhapur-based bank is planning to raise about Rs. 1,100 crore through the proposed IPO.

Apr 21, 2016

SEBI mulling rules to clamp down on rating agencies

The proposed SEBI measures would need credit rating agencies to publicly disclose the criteria they adopt to rate securities.

Apr 18, 2016

L&T Infotech takes back IPO draft prospectus

Parent company L&T cited "change in the offer structure and other considerations" as the reason behind the withdrawal.

Apr 12, 2016

Blackstone Group will acquire Mphasis in a deal worth Rs. 7,285 crore

HP Enterprise owns 60.5 percent stake in Mphasis, and Blackstone has agreed to pay it Rs 430 per share.

Apr 4, 2016

IPOs raise Rs. 14,500 crore in 2016, 10-fold higher than 2015

While 21 out of 22 entities were oversubscribed during the current fiscal, 15 reported listing gain.

Mar 31, 2016

Supreme Court allows SEBI to sell some Sahara properties

The money raised will be used to refund millions of investors from whom the Sahara Group collected money illegally.

Mar 29, 2016

The Plaza, New York, partly owned by the Sahara Group

Sahara Group gets 3-month breather from auction of its New York properties

The Sahara Group has availed of $900-million refinance facility for the two properties from Reuben brothers, who now want to recover the money.

Mar 27, 2016

Infosys in the dock over corporate ethics

Infosys is being questioned for re-appointing an independent director for a third term, against the spirit of corporate governance norms.

Mar 23, 2016

SEBI bans Sharepro for share transfer fraud

An order by the market regulator alleged the company's registrar's operations head siphoned off dividend and did not allot shares to the rightful owners.

Mar 23, 2016

Investors vie for IDBI Bank's stake: Report

The IFC and CDC Group have been at the forefront of inspecting the bank's assets and liabilities and carry out due-diligence.

Mar 21, 2016

SEBI asks mutual funds to disclose commission, remuneration and compensation

The Securities Exchange Board of India's circular stipulates disclosure of emolument details from April, commission in October and consolidated statement twice a year.

Mar 19, 2016

WHO suspends Indian drug maker's TB supplies to poor countries

The World Health Organisation said the tuberculosis drug manufactured by Mumbai based Svizera Laboratories were not up to the mark in terms of manufacturing standards and quality.

Mar 19, 2016

Lupin shares hit hard over USFDA's observation on Goa plant

Lupin's Goa plant contributes 20 percent of the company's total revenues and 40 percent of its U.S. revenues.

Mar 15, 2016

Sebi bars wilful defaulters from accessing stock markets

Under Indian law willful defaulters are firms or individuals "who deliberately thwart repayment of dues to lenders"

Mar 12, 2016

Investments in Jindal Steel and Power drills a multi-crore loss in Franklin Templetion debt schemes

The investments in JSPL spanning six debt schemes were sold at a loss, said the fund manager on March 10.