REGULATIONS


Moneylife Digital Team 30 December 2024
SBI-SG Global Securities Services Pvt Ltd has paid Rs29.25 lakh to Securities and Exchange Board of India (SEBI) to settle a case of alleged non-compliance with foreign portfolio investor (FPI) regulations and other related norms.     The company, a SEBI-registered designated depository...

Read More



Moneylife Digital Team 30 December 2024
Markets regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs54 lakh on Jaiprakash Power Ventures Ltd, its chairperson Manoj Gaur, managing director (MD) and chief executive officer (CEO) Suren Jain and other top officials for misrepresenting the company's financial...

Read More



Moneylife Digital Team 30 December 2024
Market regulator Securities and Exchange Board of India (SEBI), has imposed a fine of Rs33 lakh on Indore-based CapitalVia Global Research Ltd (noticee 1) and four associated individuals for multiple regulatory violations. The individuals include Rohit Gadia (managing director, noticee 2), Prem...

Read More



Moneylife Digital Team 27 December 2024
Holding Deloitte Haskins & Sells LLP (Deloitte) responsible for professional misconduct and failing to report a fixed deposit (FD) of Rs200 crore that was used to settle the loans of seven promoter group entities of Zee Entertainment Enterprises Ltd (ZEEL), the national financial reporting...

Read More



Moneylife Digital Team 27 December 2024
The Securities and Exchange Board of India (SEBI) order about the affairs of Bharat Global Developers Ltd. (BGDL), a company listed on the Bombay Stock Exchange (BSE), paints a picture of a multi-faceted scheme involving preferential allotments, false corporate announcements and a meteoric rise...

Read More



Moneylife Digital Team 27 December 2024
Reserve Bank of India (RBI) has imposed a penalty of Rs5.50 lakh on four cooperative banks from Karnataka for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs3 lakh has been imposed on Bengaluru-based Bharat Cooperative Bank Ltd.   Other banks...

Read More



Moneylife Digital Team 27 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs10 lakh on Capital Ways Investment Adviser and its proprietor, Deepak Ostwal, for multiple regulatory violations.   SEBI's inspection uncovered several serious violations of regulatory framework,...

Read More



Moneylife Digital Team 26 December 2024
Holding two chartered accountant (CA) partners from Haribhakti & Co LLP responsible for failing to meet the relevant requirements of the standards on auditing (SA), serious lapses and absence of due diligence in the audit of DB Realty Ltd (DBRL), the national financial reporting authority...

Read More



Moneylife Digital Team 26 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs19 lakh on Sai Proficient Research Investment Advisory (SPRIA) and its proprietor, Meeshika Vishwakarma, for regulatory violations, including misleading investors with false promises of returns.   In an...

Read More



Moneylife Digital Team 24 December 2024
Reserve Bank of India (RBI) has imposed a total penalty of Rs12.10 lakh on five cooperative banks from Gujarat for non-compliance with the directions issued by the banking regulator.   The banks penalised by RBI are: Thasra People’s Cooperative Bank Ltd, Chanasma Commercial Cooperative Bank...

Read More



Moneylife Digital Team 23 December 2024
In a significant policy decision that reveals the complex challenges facing India's economy, the Reserve Bank of India (RBI) kept its key lending rate unchanged at 6.5% for the 11th straight time, while making a strategic move to inject liquidity through a CRR cut. The decision came against a...

Read More



Moneylife Digital Team 23 December 2024
Reserve Bank of India (RBI) has imposed a penalty of Rs47.30 lakh on IndusInd Bank and Manappuram Finance Ltd for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs27.30 lakh has been imposed on IndusInd Bank.   IndusInd Bank has been fined for...

Read More



Moneylife Digital Team 23 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs10 lakh on Stockholding Services Ltd, formerly SHCIL Services Ltd, for several violations of the SEBI (Stock Brokers) Regulations and related circulars. The penalty follows a comprehensive inspection...

Read More



Many of us missed this 22nd November report, where the securities appellate tribunal (SAT), once again, imposed a penalty of Rs1 lakh on the Securities & Exchange Board of India (SEBI) for passing a ‘mechanical order’ against Ms SRBC & Co. LLP (SRBC) a joint auditor of Infibeam Avenues Ltd...

Read More



Moneylife Digital Team 20 December 2024
Reserve Bank of India (RBI) has imposed a penalty of Rs22.60 lakh on four cooperative banks from Madhya Pradesh (MP) and one from Mumbai, Maharashtra for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs15 lakh has been imposed on Maharashtra-based...

Read More



Moneylife Digital Team 20 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed penalties of Rs20 lakh on four entities found guilty of engaging in non-genuine trading activities within the illiquid stock options segment of the Bombay Stock Exchange (BSE). Each implicated entity has been fined Rs5...

Read More



Moneylife Digital Team 19 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has approved a series of measures, including stricter regulatory norms for initial public offerings (IPOs) of small and medium enterprises (SMEs), a comprehensive overhaul of investment banking regulations, and an expanded...

Read More



Moneylife Digital Team 19 December 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed penalties of Rs10 lakh on two entities found guilty of engaging in non-genuine trading activities within the illiquid stock options segment of the Bombay Stock Exchange (BSE). Each implicated entity has been fined Rs5...

Read More



Moneylife Digital Team 18 December 2024
India's market regulator, the Securities and Exchange Board of India (SEBI), has unveiled a new asset class called specialised investment funds (SIFs), aimed at providing small investors with high-risk investment opportunities. The products will be offered by mutual funds. The new regulatory...

Read More



Moneylife Digital Team 18 December 2024
Refuting articles from the media about the Securities and Exchange Board of India (SEBI) prohibiting foreign portfolio investors (FPIs) from issuing overseas direct investment (ODI) or participatory notes (P-Notes), the market regulator says, FPIs have been barred only from issuing ODIs with...

Read More

Free Helpline
Legal Credit
Feedback