The Supreme Court on Friday sought a response from the Ministry of Finance and the statutory market regulator, SEBI on how to ensure that Indian investors are protected in future against sudden volatility, after taking note of a recent market crash in the wake of a report by US short-seller
A plea has been moved in the Supreme Court seeking to issue a gag order restraining media from releasing any statement against the listed companies including the Adani group of companies unless pre-verified by the SEBI.
SEBI said that the Indian financial market as represented by Sensex and Nifty has demonstrated ongoing stability and is continuing to function in a transparent, fair and efficient manner.
SEBI said it is committed to ensuring market integrity and that the markets continue to have the appropriate structural strength to function in an uninterrupted, transparent and efficient manner
Through the scheme, it does not directly invest in startups but instead provides capital to SEBI-registered AIFs, known as daughter funds, who in turn invest money in growing Indian startups through equity and equity-linked instruments.
According to the plea, it sought an "inquiry to prosecute and register FIR under section 420 and 120-B of IPC read with Section 15HA SEBI Act against the short sellers ( Anderson and his associates in India /USA) for exploiting innocent investors."
According to the victim's complaint, Martin sexually assaulted her from 2000 Wayanad, Mumbai, Thrissur, and Bengaluru under the pretext of marriage and a chance to act in movies.
SEBI has ordered the attachment of bank and demat accounts of Sahara Group chief Subrata Roy and three others to recover Rs 6.48 crore for violating regulatory norms by two group companies.
Visakhapatnam Special Enforcement Bureau (SEB) Joint Director Bammidi Srinivasa Rao said, "SEB officials will act more strictly in the case of illegal drug sellers who are ruining the future of the youth".
Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO), the largest ever in India.
Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO)
"Selling pressures have hit LIC, too. But LIC as an individual company is a strong, robust company and the largest one in life insurance" according to a market analyst