Sebi levies Rs 20.4 lakh fine on 4 firms for fraudulent trade in illiquid stock options
The orders follow a probe conducted by the regulator between April 2014 and September 2015.
Prohibit use of e-cigarettes on campus, sensitise students of ill effects: UGC tells varsities
"All universities and higher educational insti...
Sebi levies Rs 1.83 cr fine on 29 entities for fraudulent trading in Dhanleela
The regulator has imposed fine in the range of Rs 5 to Rs 15 l...
Sebi bans Adamina Traders for 3 years for fraudulent trading
Sebi had issued a show cause notice in September 2017 to Adamina Traders alleging that the firm manipulated Secunderabad Healthcare shares.
Ecomm gifts prohibited to curb Chinese imports
Duty-free gifts via courier and post will no longer be cleared by Customs; exceptions would only apply for import of life-saving drugs and rakhis. The move is aimed at curbing imports by Chinese ecommerce vendors who were evading duties by declaring commercial shipments as gifts.
Sebi levies Rs 22.9 lakh fine on 3 entities for fraudulent trading
Of the total fine levied on the entities, Rs 11.9 lakh was levied on Sampoorna Buildwell Pvt Ltd, Rs 6 lakh on Shubhang Exports Ltd and Rs 5 lakh on Chetna Satish Mehta.
Andhra liquor ban may not be prohibitive for listed players
Andhra Pradesh accounts for 8 per cent of overall beer sales and about 10 per cent of Indian-made foreign liquor (IMFL) volumes.
MHA opposition puts bill to check violence against doctors on backburner
The Health Services Personnel and Clinical Establishments (Prohibition of Violence and Damage to Property) Bill, 2019, sought to punish people who assault on-duty doctors and other healthcare professionals by imposing a jail term of up to 10 years.
GIC settles insider trading case with Sebi
The markets watchdog had conducted an investigation in the scrip of Axis Bank and observed that state-owned GIC had delayed in making disclosures.
Andhra Pradesh slowly makes its way towards total prohibition
All existing bars have been served notice to wind up their operations by December 31. New bar licences will be issued from January 1, but the number will be reduced by nearly 50%. Of the 798 existing bars in AP which had licences valid till 2022, only 401 will get licences. T
Andhra Pradesh contests HC order prohibiting revision of PPAs
In an appeal filed in the high court, the government said it has the right to negotiate power tariffs. It said the single-judge bench erred in ruling that the government being a third party, had no power to issue the July 1order that directed a high-level committee to renegotiate agreements and submit report to the state in 45 days.
Sebi bans 3 individuals for fraudulently acting as portfolio managers
While Raghu Raj Puri and Deeksha Puri face a ban of two years each, Shivraj Puri has been barred for three years.
J&K communication blockade eased, 280 e-terminals set up
"As many as 2,30,418 persons used the internet facilities across 10 districts of Kashmir valley," said the report provided by the Union territory to the home ministry.
Bill on up to 10-yr jail for assault on doctors may be tabled in Parliament
The need for legislation was felt after a retired 73-year-old doctor was lynched by a mob at a tea estate in Assam because he was not present when a worker died at the estate hospital. In June, resident doctors across the country held protests and went on strike against a brutal attack on their colleagues.
Sebi bans Pine Animation, 72 other entities from securities market
These entities have been barred for a time period ranging from five years to eight years.
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