REGULATIONS


Moneylife Digital Team 09 May 2016
The Bombay High Court while rejecting anticipatory bail applications of five accused in the multi-crore QNet scam, has observed that "the deceit and fraud is camouflaged under the name of e-marketing and business". This scheme is undoubtedly a multi-level marketing (MLM) activity and a...

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Moneylife Digital Team 06 May 2016
The Bombay High Court on Friday rejected anticipatory bail applications of five accused in the multi-crore QNet scam. This includes, Srinivas Rao Vanka and Magaral Veervalli Balaji, both directors of Vihaan Direct selling (India) Pvt Ltd, Suresh Thimiri, director of Transview Enterprises...

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New Delhi : The original promoters of home grown pharma major Ranbaxy Laboratories, that has since changed hands twice, have been slapped with a fine of Rs.2,562.78 crore by a Singapore arbitration court for allegedly misrepresenting facts during the stake sale to Daiichi...

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Moneylife Digital Team 04 May 2016
Market regulator Securities and Exchange Board of India (SEBI) has asked Tribhuvan Agro Project Ltd and the company promoters and directors to refund money collected from investors through redeemable preference shares and secured redeemable non-convertible debentures (NCDs). The refunds...

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Moneylife Digital Team 04 May 2016
SEBI probe found that the firm had mobilised at least Rs2.49 crore during 2010-14 by issuing NCDs to a large number of investors.   Market regulator Securities and Exchange Board of India (SEBI), has directed Sankalp Projects Ltd and the company's seven directors to refund investors'...

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In recent years, another item has been added to the kitty of ‘investment’ instruments—trading in commodities. But commodity trading is pure speculation and many investors have been victims of ‘investing’ in instruments of which they have no understanding and are misled by market...

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Moneylife Digital Team 27 April 2016
The company was mobilising funds through issue of non-convertible redeemable debentures without complying with Companies Act and provisions of the SEBI Regulations   Market regulator SEBI (Securities and Exchange Board of India), in an Order, directed Chakra Infrastructure to refund...

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Moneylife Digital Team 27 April 2016
The company was mobilising funds through issue of redeemable preference shares without complying with Companies Act and provisions of the SEBI Regulations   Market regulator SEBI (Securities and Exchange Board of India) directed Real Agri Industries and Services to refund money...

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Moneylife Digital Team 27 April 2016
The company was mobilising funds through issue of redeemable preference shares without complying with Companies Act and provisions of the SEBI Regulations   Market regulator SEBI (Securities and Exchange Board of India), in an Order, directed Dynamic Asset Management to refund money...

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SEBI is preoccupied with more powers, hefty fines and other issues which have nothing to do with investor interest or protection   At Moneylife, we are of the firm view that investment in good stocks for the long term (7-10 years) is the only way that people can hope to beat inflation...

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Moneylife Digital Team 22 March 2016
SEBI passes restraining order related to Sharepro and entities linked to management of Sharepro from securities markets    Markets regulator Securities and Exchange Board of India (SEBI) passed an interim order today restraining Sharepro Services and several entities linked with the...

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Moneylife Digital Team 21 March 2016
Moneylife has been highlighting rampant manipulation in penny stocks for the last seven years, but there has been no action by SEBI. The CBDT has now been forced to issue a direction seeking information on investment in penny stock where prices were rigged   The Central Board of...

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Moneylife Digital Team 18 March 2016
Indian Stock Tips and Indira Trading Company were providing investment advisory services and research analyst services without permission from SEBI   Market regulator Securities and Exchange Board of India (SEBI) passed an interim order-cum-show cause notice on Indian Stock Tips and...

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Moneylife Digital Team 18 March 2016
Amit Baburao Ahire allowed SEBI debarred entity HBJ Capital Services to use his registration, for carrying out investment advisory services in return of money   Market regulator SEBI (Securities and Exchange Board of India) passed an interim order against   Amit Baburao Ahire,...

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Moneylife Digital Team 17 March 2016
Some unlisted companies are luring retail investors by issuing securities including NPS, NCDs in the garb of private placement, warns SEBI while issuing a list of 233 such entities    Market regulator Securities and Exchange Board of India (SEBI), while warning investors about...

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New Delhi : The Lok Sabha on Wednesday passed a bill to amend the mines and minerals act to allow transfer of captive mining leases not granted through auction.   Transfer of captive mining leases, not granted through auction, would allow mergers and acquisitions of companies and...

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New Delhi : The Congress and other opposition parties on Wednesday made strong pitch against the overall nature of the Aadhar Bill, which has already been passed by the Lok Sabha.   As the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016...

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Agencies 15 March 2016
With the Lok Sabha passing the real estate bill, the government expects home prices to come down and also give credibility to the realty sector   With the Lok Sabha giving its nod, Parliament on Tuesday passed the real estate bill which, Urban Development Minister M Venkaiah Naidu...

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Moneylife Digital Team 14 March 2016
Asking HDFC Bank to pay a compensation of Rs5 lakh, the apex consumer forum said the Bank has no love and respect for India   The National Consumer Disputes Redressal Commission (NCDRC), while asking to pay a compensation of Rs5 lakh has criticised HDFC Bank for the lender's failure...

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Nagpur : The Reserve Bank of India (RBI) has ordered a probe into allegations of irregularities committed by public, private and foreign banks to claim achievements of targets in lending to farmers and the agro-sector, an official said on Friday.   The probe has been ordered following...

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