NFRA Bans Coffee Day Global Auditors for 2 Years
The National Financial Reporting Authority (NFRA) has banned Coffee Day Global (CDGL) auditor ASRMP & Co for two years after finding it guilty of audit...
Tag : SEBI
Sebi Bans 4 Entities from Securities Markets for 6 Months
Sebi has banned four entities from the securities market for six months for providing unauthorised investment advisory services and directed them to return investor funds...
Sebi Extends Compliance Period for Large Corporates by 3-Years to Raise 25% Incremental Borrowing Via Debt Market
Capital markets watchdog Sebi on Friday extended compliance requirements to three years, requiring “large corporations” to raise incremental borrowings of at least 25% via debt...
Bandhan Bank Shares Rise 3.5% in Early Trade After Hitting 3-Year Low
Bandhan Bank rose 3.5% in morning trade on March 31, 2023. According to reports, this comes after the bank announced the sale of Rs 2,614...
IPO Filings Down Over 50% in FY23 Due to Unfavourable Market Conditions
Red herring draft prospectus filings more than halved in FY23 as concerns over high valuations, geopolitical tensions and rising interest rates dampened equity sentiment. According...
SC Accepts Centre’s Plea Seeking Rs 5,000 Crore from SEBI-Sahara Fund to Repay Depositors
On Wednesday, the Supreme Court granted the Centre’s request to allocate Rs 5,000 crore out of the Rs 24,000 crore deposited by Sahara Group with...
Sebi Fines PNB Finance, CCCL, Others Totalling Rs 36 Crore
Sebi on Tuesday fined PNB Finance and Industries Ltd, Camac Commercial Company Ltd and various other entities totalling Rs 356.7 crore, including promoters Samir Jain...
SC Directs Sebi to Probe Adani, Group Shares Stay Up Amid Heavy Trade
On Thursday, the Supreme Court (SC) directed market regulator SEBI to conduct a detailed investigation and submit its findings within two months. The Supreme Court...
SAT Reduces Sebi’s Fine on Jindal Cotex to Rs 25 Lakh in GDR Issuance Case
The Securities Appeals Tribunal has slashed Sebi’s fine against Jindal Cotex Ltd (JCL) from Rs 10.3 crore to Rs 25 lakh in a case related...
NSE Indices Launches India’s First Ever Nifty India Municipal Bond Index
On Friday, NSE Indices Ltd, a subsidiary of the NSE, said it had launched the country’s first municipal bond index. The new Nifty India Municipal...