SEBI
Moneylife Digital Team 13 November 2024
Market regulator Securities and Exchange Board of India (SEBI) has asked two entities to pay Rs52 crore in penalties for failing to clear fines imposed for illegally diverting funds from Reliance Home Finance Ltd (RHFL).

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Sahyaja MS (Bar Bench) 13 November 2024
The Bombay High Court on Monday disposed of a 26-year-old petition filed in public interest by the Securities and Exchange Board of India (SEBI), which had sought urgent regulatory reforms to tackle certain fraudulent financial schemes, including agro bonds and plantation bonds (SEBI v. Libra Plantation).

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Moneylife Digital Team 13 November 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed penalties of Rs10 lakh on two people found guilty of engaging in illiquid stock options segment of the Bombay Stock Exchange (BSE). Each have been fined Rs5 lakh for participating in these fraudulent activities.

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Moneylife Digital Team 12 November 2024
Market regulator Securities and Exchange Board of India (SEBI) has ordered the attachment of bank and demat accounts of Venugopal Dhoot and Videocon group's promoter entity Electroparts (India) Pvt Ltd to recover dues of around Rs69.9 lakh.

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Moneylife Digital Team 08 November 2024
Taking cognizance of complaints filed by Mahua Moitra, a member of Parliament (MP) from Trinamool Congress and two others, the Lokpal has asked Madhabi Puri Buch, chairperson of the Securities & Exchange Board of India (SEBI) to respond to complaints of financial irregularities filed against her by the MP.

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Moneylife Digital Team 30 October 2024
Market Regulator Securities and Exchange Board of India (SEBI) imposed penalties totalling Rs2.04 crore on 17 directors of three contend providers for non-compliance with its investigation into alleged financial irregularities at Eros International Media Ltd (EIML).

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Moneylife Digital Team 28 October 2024
Securities and Exchange Board of India (SEBI) has imposed a total penalty of Rs16 lakh on Edelweiss Asset Management Ltd (noticee 1), along with its chief executive officer (CEO) Radhika Gupta (noticee 2) and fund manager Trideep Bhattacharya (noticee 3), for violating mutual fund regulations.

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Moneylife Digital Team 23 October 2024
Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on Lamron Analysts Pvt Ltd, an investment adviser (IA), for breaching several provisions of the IA Regulations, 2013, and relevant circulars issued by the market regulator.

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Moneylife Digital Team 22 October 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).

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Moneylife Digital Team 22 October 2024
Market regulator, Securities and Exchange Board of India (SEBI) has levied a penalty of Rs2.63 crore on 15 entities for engaging in Synchronised trading in the shares of Manaksia Coated Metals and Industries Limited (MCMIL).

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Moneylife Digital Team 21 October 2024
Securities and Exchange Board of India (SEBI) has imposed a fine of Rs2 lakh on Sharekhan Ltd, a brokerage based in Mumbai, for multiple regulatory violations.

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Moneylife Digital Team 18 October 2024
Market Regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs20 lakh on four entities after finding them guilty of engaging in non-genuine trading activities within the illiquid stock options segment of the Bombay Stock Exchange (BSE).

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Moneylife Digital Team 11 October 2024
Market regulator Securities and Exchange Board of India (SEBI) extended the deadline to implement guidelines mandating the direct payout of securities to clients' demat accounts to 11th November from 14 October 2024.

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Moneylife Digital Team 07 October 2024
Amidst the controversy of Madhabi Puri Buch, chairperson of the Securities & Exchange Board of India (SEBI), earning money from employee stock ownership plan (ESOP) proceeds and her denial of this, Dr Nanda Kumar from Cochin pointed out a loophole in SEBI's extant rules and guidelines that allows exercising ESOPs during the window trading period.

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Moneylife Digital Team 02 October 2024
Securities and Exchange Board of India (SEBI) put a stricter framework in place for equity index derivatives by increasing the minimum contract size and mandating upfront collection of option premiums to curb speculative trading.

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Moneylife Digital Team 27 September 2024
Going one step ahead by sharing dates related to the appointment of Madhabi Puri Buch as chairperson of Securities & Exchange Board of India (SEBI), the Union ministry of finance (FinMin) denied sharing information on dates when Ms Buch and her family declared their financial assets. This was in response to an application filed under the Right to Information (RTI) Act.

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Moneylife Digital Team 26 September 2024
Market regulator Securities and Exchange Board of India (SEBI) has ordered Vaishno Devi Dairy Products Ltd (VDDPL) and six of its directors to refund the money which it had raised illegally from investors and also barred them from the securities market between three months to four years.

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Moneylife Digital Team 23 September 2024
While deciding on two complaints filed by different individuals based on a report by US-based short-seller Hindenburg Research, anti-corruption ombudsman Lokpal says the complaints alleging impropriety and conflict of interest against Madhabi Puri Buch, chairperson of the Securities & Exchange Board of India (SEBI), 'falls short' of persuading it to order any probe.

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Moneylife Digital Team 20 September 2024
Except for the dates of appointment, market regulator Securities & Exchange Board of India (SEBI) does not have any information readily available on its chairperson Madhabi Puri Buch's appointment, her application for the post, declaration of assets and cases where she had recused herself due to conflicts of interests, reveals a reply received under the Right to Information (RTI) Act.

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Moneylife Digital Team 12 September 2024
Mahua Moitra, a member of Parliament (MP) from Trinamool Congress, has filed a Lokpal complaint against Madhabi Puri Buch, chairperson of the Securities & Exchange Board of India (SEBI), for improper conduct and entering into quid pro quo arrangements, which, according to the MP, 'threaten India's national interests."

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