The Securities and Exchange Board of India (Sebi) may soon issue ground rules for setting up stock exchanges dedicated to the small and medium firms, enabling them to raise capital from the market."The Sebi is working on the concept paper on SM ..
A larger bench of the Supreme Court will decide the issue of whether insurance companies can be compelled to pay the claim even if they are under no liability to pay such amount? A bench comprising Justice Markandey Katju and Justice AK Ganguly said: ..
The Union Government has closed down Monopoly and Restrictive Trade Practices (MRTP) Commission after 40 years of its existence. According to the notification issued by the Union Ministry of Corporate Affairs, MRTP has stopped functioning with effect ..
Insurance sector regulator IRDA today said it is likely to come out with initial public offer (IPO) guidelines by October. "We had two meetings with the SEBI and couple of more is required (to decide on final guideline on IPO)," IRDA Chairm ..
The Delhi High Court directed the Central government to reconsider its postal insurance rules and to treat the persons with disability at par with other people.Appearing on behalf of the government, Solicitor General (SG) Gopal Subramanium assured th ..
The Reserve Bank of India (RBI) today prohibited chit funds from accepting deposits, a move that could make banks the sole public deposit-taking institutions in the country.The apex bank said these funds could accept deposits only from their sharehol ..
The Madras High Court has admitted a winding up plea petition against Subhiksha, the beleaguered deep discount retail chain, filed by Kotak Mahindra Bank.While admitting the petition, Justice P Jothimani passed orders for publication of advertisement ..
Admitting that the process of finalising the long pending broadcasting bill needs to be "accelerated", the Centre on Friday said it would be firmed up only after consultations with broadcasters on its various provisions. Senior officials in ..
The Securities & Exchange Board of India (Sebi) has told the Supreme Court that it is empowered to issue orders prohibiting companies and brokers from accessing the capital market in the interest of investors. Such orders may seem penal but are a ..
The capital market regulator, the Securities and Exchange Board of India (Sebi), has stepped up its drive against shady entities that operate collective investment schemes (CISs). While exploring the possibility of widening the classification of enti ..
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