Market regulator Securities and Exchange Board of India (Sebi) imposed fines of RS 30 Lakh and RS 5 Lakh on Monday on two former non-executive independent directors of Brightcom Group for irregularities in the company’s financial statements. The regulator found irregularities in the financial statements of the company for the period between FY15 to FY20. […]
Investment advisor Shilpa Garg landed in a regulatory visor after promising the moon to an investor and reportedly disappeared after the investor has sustained losses. She had assured that an investment of only RS 30,000 would generate a daily turnover of RS 24 Lakh – which would imply an astronomical return of almost 8,000%. Marktregulator […]
Marktregulator Securities and Exchange Board of India (Sebi) unveiled a series of reforms on Friday on Friday, including relaxing standards with regard to the minimum public offer and minimum shareholder requirements, convenience of access to foreign portfolio investors (FPIs) and the provision of a share status. The movements came earlier in the day after the […]
The India’s Portfolio Management Services (PMS) -Industry is at a crucial moment, ready for transformative growth powered by investors Refinement, technological progress and an evolving regulatory environment, said Tuhin Kanta Pandey, chairman of the Securities and Exchange (Sebi), Bij de Apmi, Bij de Apmi), Bij de Apmi) Bij de Apmi, Bij de Apmi) Bij de […]