Sebi refuses exemption from trading curbs that come into effect during declaration of results.
In last one month, promoters of nearly 197 domestic companies have increased their stake.
The regulator said it has received requests from companies seeking a waiver on this requirement of a six-month cooling off period between two successive QIP issues.
Vishwanathan has been a lifetime regulator after joining the service in 1981.
Sale comes at a time when Karvy’s stock broking unit looks to sell assets to clear dues.
Sebi said the ongoing credit crisis that resulted in returns of various debt mutual fund schemes taking sharp hits has brought to surface the kind of liquidity pressures that the industry could face.
Sebi asks CARE to sack Chairman SB Mainak.
The Centre has started a search process to find the next chairman of the Securities and Exchange Board of India (Sebi). Incumbent Sebi chief Ajay Tyagi’s three-year term ends in March.
Sebi issues summons to investor Jhunjhunwala, some family members and Aptech directors.
Sebi has urged SC to allow IHH Healthcare to proceed with an open offer for Fortis Healthcare.
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