[ad_1] The Securities and Exchange Board of India (SEBI) has ordered Mishtann Foods Ltd (MFL) to recover nearly ₹100 crore, misappropriated or diverted through group entities and its promoters. Company Value Change %Change In an interim order issued on December 5, SEBI directed the company to “bring back the Rights issue proceeds amounting to ₹49.82 […]
F&O cannot be a ‘national pastime’, investors should make serious investments: SEBI’s Ashwani Bhatia – CNBC TV18
[ad_1] Ashwani Bhatia, whole-time member of the Securities and Exchange Board of India (SEBI), addressed concerns regarding the regulatory body’s recent changes to futures and options (F&O) trading. He said that while India boasts the largest volume of F&O globally, “this is a crown we should not wear.” He urged investors to shift their focus […]
Sebi bars Axis Capital from taking new debt merchant banking assignments – CNBC TV18
[ad_1] Markets regulator Sebi on Thursday (September 19) restrained Axis Capital from taking up new assignments as a merchant banker for debt securities until further notice, in a case of providing guarantees for the redemption of Non-Convertible Debentures (NCDs) of Sojo Infotel. In its interim order, Sebi said, “ACL provided guarantee/indemnity towards redemption of NCDs […]