After anonymous complaint at SEBI, CARE ratings sends CEO on leave

CARE Ratings has sent its Chief Executive Officer and Managing Director Rajesh Mokashi on leave till further notice after an anonymous complaint was filed against him at the Securities and Exchange Board of India (SEBI).

India to get a new stock exchange for the social sector

Finance Minister Nirmala Sitaraman proposed in the Union Budget that a social stock exchange will be created to help organizations in the social sector to find funds.

Shareholders knock SEBI’s door against media baron Vineet Jain’s BNL

Minority shareholders in Vineet Jain owned Bharat Nidhi Limited registered complaints to SEBI over undervalued buyback.

Before Budget: 7 corporate scams that robbed India’s economy

India is aiming towards achieving a 5 trillion-dollar economy by 2024. Investors around the world are showing great interest in the rapidly growing economy. Still, the country’s very own citizens are sometimes afraid of investing their money in the stock market.

DHFL’s divestment to Prudential nears completion

Dewan Housing Finance Corporation Limited (DHFL) said on Wednesday that divestment of the company’s entire shareholding in DHFL Pramerica Asset Managers Pvt Ltd (DPAMPL) and DHFL Pramerica Trustees Pvt Ltd (DPTPL) to Prudential is expected to be completed shortly.

India’s list of wilful defaulters is growing

Finance Minister informed the Lower House that public sector banks (PSBs) had filed suits for recovery from defaulters in 8,121 cases till March 31, 2019.

Founders are not always Keepers

SEBI (Securities and Exchange Board of India) has banned Prannoy Roy and his wife Radhika Roy for two years. Hence, they would not…

MCA, SEBI sign pact for data exchange amid corporate frauds

A Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for data exchange between the two regulatory organisations here on Friday.

NSE disciplines Adani, Jet, Bharat Petroleum among others

NSE penalises companies for non-compliance of listing regulations The National Stock Exchange (NSE) said on Wednesday that it has imposed fines and issued notices to more than 250 companies for non-compliance of listing regulations as specified by the Securities and…

Embassy Office Parks REIT to raise Rs 3,000 crore by NCDs

Embassy Office Parks REIT to raise Rs 3,000 crore by NCDs Embassy Office Parks, India’s first listed real estate investment trust (REIT), has priced and allotted by way of a private placement Rs 3,000 crore of secured, redeemable and non-convertible…