Prannoy Roy & Radhika Roy Offer NDTV Shares As Security For SEBI Penalty; Supreme Court Seeks Statement Of Share Value livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
On 13th January, the Securities and Exchange Board of India (SEBI) issued an
ex-parte order to bar Hemant Ghai, host of a show on CNBC Awaaz, from the capital market for price manipulation and unfair trade practices. Social media erupted with vindication, since complaints about SEBI’s inaction over market manipulation have been rife. Does this signal increased seriousness about tackling market manipulation, front-running and insider trading, which has been fairly brazen in the past few years?
Hold on. Investors who think that SEBI’s interim orders and show-cause notices signal improved action, need to get a glimpse into the crazy and convoluted world of regulatory orders on what are called fraudulent and unfair trade practices (FUTP). This article looks at just five recent orders for you to draw your own conclusions. Remember, SEBI’s orders make news only when they involve high-profile individuals or companies others quietly slip below the radar. SEBI’s byzantine sys
WhatsApp investment tips land two in trouble with SEBI daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
SAT sets aside Sebi s penalty on SBI, Bank of Baroda, LIC in UTI AMC case
Updated:
Updated:
January 12, 2021 16:43 IST
Securities and Exchange Board of India (Sebi), in August 2020, levied the fine on three financial institutions for failing to reduce their stakes to below 10% in UTI Asset Management Company
Share Article
AAA
Following the Sebi s order, State Bank of India (SBI), Bank of Baroda (BoB) and Life Insurance Corporation of India (LIC) had moved the tribunal.
| Photo Credit:
Shailesh Andrade
Securities and Exchange Board of India (Sebi), in August 2020, levied the fine on three financial institutions for failing to reduce their stakes to below 10% in UTI Asset Management Company
NDTV founders and promoters Prannoy Roy and Radhika Roy have filed an appeal in the Supreme Court against the interim order dated 4 January 2021 passed by the Securities Appellate Tribunal (SAT). The order directed NDTV to deposit 50 per cent of the fine levied by SEBI.