[ad_1] SUMMARY The government has appointed former Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). He will take over from Madhabi Puri Buch, whose tenure is ending. Here’s all we know about the new SEBI chief. 1 / 8 Tuhin Pandey is a 1987-batch IAS […]
SAT quashes SEBI’s order against former PTC India CMD Mishra from holding director’s post – CNBC TV18
[ad_1] The Securities Appellate Tribunal (SAT) has quashed a Sebi order that restrained former PTC India Chairman and Managing Director (CMD) Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to alleged corporate governance lapses. Company Value Change %Change The latest ruling came after Mishra approached […]
SEBI bans Mishtann Foods from raising public funds, orders retrieval of ₹100 cr – CNBC TV18
[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 […]
Axis Bank clarifies SEBI ruling on ACL applies only to new merchant assignments – CNBC TV18
[ad_1] Axis Bank clarified on Friday, September 20, that the temporary restrictions placed on its wholly-owned subsidiary, Axis Capital, by the Securities and Exchange Board of India (SEBI) would not affect the bank’s core business operations. SEBI had prohibited Axis Capital Ltd (ACL) from undertaking new assignments as a debt merchant banker until further notice. […]