NSE will appeal against a Sebi order in the co-location issue in which it has been penalised up to Rs 1,000 crore and barred from approaching market for the next six months at the Securities Applleate Tribunal (SAT).
When contacted, NSE spokesperson declined to comment. The exchange...
The two mutual fund (MF) houses, viz., HDFC Asset Management Company Ltd. and Kotak Mahindra Mutual Fund have received show-cause notices (SCN) from the securities market regulator, Securities and Exchange Board of India (SEBI), in connection with the default of payment on maturity of fixed...
As elaborated in our three parts series, the Reserve Bank of India (RBI) indeed seems to have helped the promoter of a defaulting company to get a licence to start a non-banking finance company (NBFC) through the takeover route. The defaults of RattanIndia Power Ltd worth Rs12,000 crore were...
Proxy advisory and corporate governance firm InGovern on Tuesday said that Britannia Industries Ltd violated market regulator Sebi's listing regulations by not reporting the recent arrest in Japan of its promoter Ness Wadia.
Ness Wadia, son of industrialist Nusli Wadia, was handed a...
The Securities Appellate Tribunal (SAT) has stayed orders passed by market regulator Securities and Exchange Board of India (SEBI) against three brokerages and three senior officials of the National Stock Exchange (NSE) in the NSE co-location (Colo) or algo trading scam. However, the Tribunal...
