REGULATIONS


Who will ensure that SEBI does not misuse its powers?   The capital market watchdog is, finally, set to get a sharper set of teeth when the president signs the Securities Laws (Amendment) Bill 2014, already cleared by both houses of parliament, as we go to print.  The good news is the...

Read More



RBI takes steps to create consumer protection code   At a recent public lecture, RBI governor, Dr Raghuram Rajan, said that workable financial inclusion requires products that “should be easy to access at low transactions cost” with a minimal regulatory burden. “Simplicity and...

Read More



The government-owned banks are plundered routinely and bailed out periodically. But RBI, SEBI and ministry of finance remain unaccountable and unconcerned   The arrest of SK Jain, chairman and managing director of Syndicate Bank, has sent shockwaves through the banking and corporate...

Read More



Moneylife Digital Team 12 August 2014
According to Rajeev Chandrasekhar, market regulator SEBI should be bound by law to publicly disclose details of its consent agreements and cases, with a view to enhance the transparency, accountability and efficiency of its functioning   Rajeev Chandrasekhar, an independent member of...

Read More



Moneylife Digital Team 12 August 2014
SEBI has sought certain clarifications from Lavasa Corp and Adlabs Entertainment on their IPOs   Market regulator Securities and Exchange Board of India (SEBI) has sought clarifications from Lavas Corp, a unit of Hindustan Construction Co (HCC) and Adlabs Entertainment on their...

Read More



Moneylife Digital Team 12 August 2014
The government is keeping close watch on social welfare spending by corporates to check whether they are complying with the CSR norms, minister of state for corporate affairs told the Rajya Sabha   The Indian government will keep close watch on social welfare spending by corporates to...

Read More



Moneylife Digital Team 12 August 2014
The market regulator found that Hyderabad-based Viswas Real Estates had mobilised funds from public by promising them plots of land in its real estate ventures without necessary approvals from SEBI   Clamping down on an unauthorised real estate investment scheme, market regulator...

Read More



Moneylife Digital Team 12 August 2014
SEBI found that Shubham Karoti Foods was collecting money from common people in Silvassa through certain food schemes without due authorisation   Market regulator Securities and Exchange Board of India (SEBI) has barred Pune-based Shubham Karoti Foods Pvt Ltd and its two directors...

Read More



Moneylife Digital Team 11 August 2014
The Amendment Acts, which are sought to be repealed, include amendments to the Representation of the People Act, Marriage Act, Election Laws, Divorce Laws and Anand Marriage Act, and the Evidence Act   Seeking to clear the statute books of antiquated laws, the Union Government on...

Read More



Moneylife Digital Team 11 August 2014
On Sunday, the FM spoke to SEBI about the need to bring back retail investors and check market manipulation. Maybe someone should make the FM aware of these rampant cases of manipulation   On Sunday, Finance Minister Arun Jaitley spoke to Board members and officials of Securities...

Read More



Moneylife Digital Team 11 August 2014
To help attract greater foreign and domestic investments into real estate and infrastructure, market regulator SEBI has cleared final guidelines for creation and listing of trusts, REITs and InvITs for these key sectors   Market regulator Securities and Exchange Board of India (SEBI)...

Read More



Moneylife Digital Team 08 August 2014
The market regulator found 10,528 investors to have been offered unauthorised investment plan by MP-based HNC Infrastructures   Clamping down on an illegal scheme assuring high returns to investors for investment in land, market regulator Securities and Exchange Board of India (SEBI)...

Read More



Moneylife Digital Team 08 August 2014
SEBI also prohibited GreenTouch Projects Debenture Trust continuing with its present assignment as a debenture trustee for the NCDs offered by GTPL   Market regulator Securities and Exchange Board of India (SEBI) has barred GreenTouch Projects Ltd (GTPL) and its four directors, Shyam...

Read More



Moneylife Digital Team 08 August 2014
SEBI found that MBK Business had raised funds from thousands of investors through issue of secured redeemable debentures-SRDs   Continuing its crack down on illegal fund raising activities, market regulator Securities and Exchange Board of India (SEBI) has barred Kolkata-based MBK...

Read More



Moneylife Digital Team 08 August 2014
SEBI found that Ramel Real Estate had illegally mobilised Rs75 crore from public through issue of non-convertible debentures   Market regulator Securities and Exchange Board of India (SEBI) has barred Ramel Real Estate and Infrastructure Ltd from raising public funds through...

Read More



Moneylife Digital Team 08 August 2014
SEBI also directed the company and its nine promoters and directors not to issue any offer document or advertisement for soliciting money from the public for the issue of securities   Market regulator Securities and Exchange Board of India (SEBI) has barred ICore E Services Ltd from...

Read More



RBI has replaced the 5:95 model with 15:85. Can something be done to retain the current cost structure for ARCs and mitigate the management-fee driven model? Here are the options   Stung by the aggressive management-fee based model adopted by Asset Reconstruction Companies (ARC),...

Read More



Moneylife Digital Team 06 August 2014
A day after lowering SLR, Rajan said the RBI would reduce the amount of pre-emptions in the system including SLR and make a more effective priority sector lending process   Reserve Bank of India governor Dr Raghuram Rajan has said the central bank is all for reducing "pre-emptions"...

Read More



Moneylife Digital Team 05 August 2014
SEBI found JSV Developers collecting money from public through its various schemes of joint venture association for development and maintenance of land   Market regulator Securities and Exchange Board of India (SEBI) has barred Madhya Pradesh-based JSV Developer India and its three...

Read More



Moneylife Digital Team 05 August 2014
Following a circular from the market regulator, both BSE and NSE has asked all listed companies to strictly comply with corporate governance norms   Nudged by Securities and Exchange Board of India (SEBI) to step up their vigil against companies lacking good corporate governance...

Read More

Free Helpline
Legal Credit
Feedback