The Bombay Stock Exchange (BSE) has suspended the trading terminals of Fairwealth Securities Ltd from the cash equity segment as the directors of the company are neither reachable or contactable and the company has also not provided data to the bourse, a stock exchange announcement said on...
The Securities Appellate Tribunal (SAT) has pulled up market regulator Securities and Exchange Board of India (SEBI) for not having a proper mechanism to compensate investors who are victims of stock market manipulations.
While directing SEBI to pay Rs18.25 lakh to two investors of...
Multiple companies of Reliance Anil Dhirubhai Ambani group (ADAG) are suffering a huge ratings downgrade to default imminent status by multiple rating agencies. CARE Ratings has downgraded Rs12,700 crore worth of Reliance Commercial Finance’s debt to “CARE D”. “CARE D” rating indicates that...
The Justice RM Lodha (retd) Committee appointed in the PACL Ltd matter has decided to extend the last date for receiving claim applications till 31 July 2019.
In a release, market regulator Securities and Exchange Board of India (SEBI) said, "...in view of representations received,...
The Investor Education and Protection Fund (IEPF) Authority has "successfully forced" the Peerless General Finance and Investment Company to transfer deposits worth about Rs 1,514 crore to IEPF, a statutory body under the ministry of Corporate Affairs.
"In a major success, the IEPF...
