Don't want long legal battle, need to focus on biz: PNB Housing chief on Carlyle deal pull-out
PNB Housing Finance Managing Director and CEO Hardayal Prasad said that pulling out from the Rs 4,000-crore Carlyle-led deal was a conscious choice of the company.
Nov 07, 2021, 18:56 PM IST
PNB Housing Finance-SEBI case: SAT delivers split verdict on the matter
The tribunal also said that its interim order passed in June, wherein the PNB Housing Finance was restrained from disclosing the results of shareholders' voting on the deal, would continue.
Aug 09, 2021, 22:19 PM IST
Sebi updates board on action on suspected shell firms
Those under scanner include over 300 listed companies as also hundreds of unlisted entities and individuals, suspected to be misusing the stock exchange platform for tax evasion, among other wrongdoings.
Sep 18, 2017, 18:27 PM IST
Sebi board to take stock of suspected shell cos on Monday
Those under scanner include over 300 listed companies as also hundreds of unlisted entities and individuals, suspected to be misusing the stock exchange platform for tax evasion, among other wrongdoings, a senior official said.
Sep 17, 2017, 14:52 PM IST
Sebi imposes Rs 50 lakh fine on Adam Comsof former director
The latest ruling has come after the Securities Appellate Tribunal, in 2015, had set aside an earlier directive of the Securities and Exchange Board of India (Sebi) and asked it to pass a fresh one.
Aug 22, 2017, 00:20 AM IST
Shell companies: SAT to hear pleas of 2 more firms on Thursday
The Securities Appellate Tribunal (SAT) will on Thursday hear pleas by Hit Kit Global Solutions and Sanco Industries against trading restrictions imposed on their shares by exchanges on Sebi directions.
Aug 16, 2017, 18:37 PM IST
Sebi crackdown on shell companies: SAT lifts trading curbs on Parsvnath, 5 others
Out of the 331 companies on the list, more than 160 are actively traded shares on the exchanges.
Aug 11, 2017, 12:53 PM IST
SAT lifts trading curbs on shares of Parsvnath Developers, Kavit Industries
The Securities Appellate Tribunal on Friday lifted trading curbs on shares of Parsvnath Developers and Kavit Industries which are among the 331 suspected shell companies identified by the government.
Aug 11, 2017, 12:43 PM IST
SAT stays trading restrictions on JKumar, Prakash Industries
The Securities Appellate Tribunal on Thursday stayed trading restrictions imposed on JKumar Infraprojects and Prakash Industries, which are among the 331 suspected shell companies identified by the government, saying Sebi passed the order without carrying out any probe.
Aug 10, 2017, 19:11 PM IST
SAT stays Sebi's order on J Kumar Infraprojects
The Securities Appellate Tribunal (SAT) on Thursday stayed the trade restriction order by securities market regulator Securities and Exchange Board of India (Sebi) on building construction services provider J.Kumar Infraprojects.
Aug 10, 2017, 17:08 PM IST
SAT stays trading curbs on JKumar, Prakash Industries
JKumar Infraprojects and Prakash Industries had moved the SAT against the Sebi directions.
Aug 10, 2017, 16:08 PM IST
SAT stays IRDAI order on Sahara Life for a week
Giving a week's relief to Sahara India Life Insurance (SILIC), the Securities Appellate Tribunal (SAT) today stayed the IRDAI decision to sell the business of the Sahara group company to ICICI Prudential Life Insurance.
Jul 31, 2017, 18:19 PM IST
SAT admits RIL plea against Sebi ban
SAT asked RIL to submit a list of MFs to Sebi through which it would participate in equity derivatives markets.
May 03, 2017, 13:14 PM IST
Have a strong case against Sebi order, says RIL
With RIL shares taking a beating on Sebi's penal action, the company on Monday said it has a strong case against the regulatory order and there was no market manipulation by it on account of trades in cash and futures segments.
Mar 28, 2017, 00:34 AM IST
RIL shares end 3% lower; mcap plunges by Rs 12,488 crore
Shares of Reliance Industries ended 3 percent lower on Monday, wiping out Rs 12,488 crore from its market valuation, after Sebi banned the company and 12 others from equity derivatives trading for one year.
Mar 27, 2017, 12:56 PM IST
Sebi to pass fresh order in UBHL restatement of accounts case
Market regulator Sebi will pass fresh orders in the matter pertaining to restatement of financial accounts by five companies, including Vijay Mallya-led United Breweries Holdings Ltd (UBHL).
Mar 29, 2016, 19:02 PM IST
FM Arun Jaitley proposes to amend SEBI Act to increase benches in SAT
Finance Minister Arun Jaitley Monday proposed to amend the SEBI Act in order to increase benches in the Securities Appellate Tribunal (SAT).
Feb 29, 2016, 14:53 PM IST
SAT defers hearing on DLF plea till November 24
Securities Appellate Tribunal (SAT) on Thursday adjourned till November 24 the hearing on realty major DLF's plea against the Rs 86 crore penalty imposed on it by capital markets regulator Sebi.
Oct 01, 2015, 15:52 PM IST
Tribunal asks Sebi to select SRO afresh for MF distributors
Setting aside Sebi's decision of granting in-principle approval to IMFI to be the Self Regulatory Organisation for mutual fund distributors, the Securities Appellate Tribunal on Wednesday directed the capital markets regulator to start the selection process afresh.
Sep 30, 2015, 12:27 PM IST
Securities Appellate Tribunal upholds $7.5 billion refund order against PACL
In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.
Aug 18, 2015, 12:24 PM IST
