Importantly, when the government is so proud of information technology competence and many global tech giants are headed by Indians, leading-edge technology should be used to refund money that lawfully belongs to savers and investors.
The Supreme Court has decided to wind up six Franklin mutual schemes in view of Regulation 18 (15)(c) of Securities and Exchange Board of India (Mutual Funds ) Regulations, 1996.
The Securities and Exchange Board of India has overhauled the norms regarding the appointment, removal, and remuneration of independent directors. However, the new proposals need accurate supervising.
The Security and Exchange Board of India (SEBI) issued interim orders for two employees of Infosys Limited and six other entities in the matter of Insider Trading, which shall be in force until further orders.
A Show Cause Notice dated October 28, 2020, was issued to show cause as to why an inquiry should not be initiated against them and penalty not be imposed upon them under the relevant provisions of SEBI Act for the violations alleged to have been committed by them.
The Supreme Court on Monday deferred to February 5, the hearing of a petition filed by NDTV promoters, Prannoy Roy and Radhika Roy against the order of Securities Appellate Tribunal (SAT) to deposit 50 percent of the disgorged amount before markets regulator SEBI within four weeks.