SAT reduces Sebi's penalty on Zenith Birla to ₹25 lakh in GDR manipulation case
SAT reduces Sebi's penalty on Zenith Birla to ₹25 lakh in GDR manipulation case
Source: livemint.com
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SEBI Imposes Rs 10 8 Cr Penalty On Zenith Steel Pipes Industries
In its order, the regulator levied a fine of Rs 10 crore on Zenith Birla India Ltd (ZBIL), Rs 20 lakh each on PVR Murthy and Arun Panchariya, and Rs 10 lakh each on Yashovardhan Birla, , Zenith Steel Pipes & Industries, sebi
Source: businessworld.in
Zenith Birla GDR Fraud: SEBI Imposes Rs10.80 Crore Penalty on 7, Including Yash Birla
Holding seven entities, including Yash Birla, for providing security towards the loan taken by Vintage for subscribing to global depository receipts (GDR) of Zenith Steel Pipes & Industries Ltd (erstwhile Zenith Birla (India) Ltd) -ZBIL,
Source: moneylife.in
AAA-rated company FDs offer over 6% returns, but consider risks
AAA-rated company FDs offer over 6% returns, but consider risks Times have changed. You have stringent regulations around which companies can float such FDs, but remember that company FDs are unsecured. In case a company goes insolvent, depositors will be the last ones to get paid. That said, invest with companies with good profitability and rating Representative Image At a time when interest rates in the economy are at historic lows, hunting for extra yields is in everyone's mind. This drives many people to company fixed deposits (FDs) because bank FDs are not offering good returns. State Ba...
Source: businesstoday.in