"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
In a detailed investigation carried out by SEBI, diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL), an entity related to promoters of CDEL, was revealed.
To assist municipal debt issuers and other stakeholders in the municipal debt market, SEBI Whole-Time Member Ashwani Bhatia launched an information database including a repository of information pertaining to municipal bonds on its website.
Mumbai (Maharashtra) [India], January 19 (ANI/PNN): Trust Group, based out of Mumbai, announced the launch of Athena Investments, which is a SEBI-registered Category III Alternative Investment Fund set up to provide alternative investment solutions to investors.
Mumbai (Maharashtra) [India], January 9 (ANI/SRV): American Academy of Financial Management India, AAFM® India, a global leader in financial Education which administers the prestigious Chartered Wealth Manager® Designation Program accredited from NISM under the SEBI's Investment Ad
The proceedings against Sahara India Real Estate Corporation, Sahara Roy, Ashok Roy Choudhary, Ravi Shanker Dubey and Vandana Bharrgava included interest, all costs, charges and expenses, the SEBI said in a statement on Monday.
The Securities and Exchange Board of India has tweaked its SEBI Regulations 2018 rules on buyback of shares by companies. Among the amendments, companies can now use 75 per cent of the proceeds of the buyback undertaken through the stock exchange route from the existing minimum of 50 per cen
"The suspension of trading in the above contracts has been extended for one more year beyond December 20, 2022 i.e. till December 20, 2023," Sebi said in a release on Tuesday evening.
The statement of disclosure by the news broadcaster showed that the acquisition of 5,330,792 equity shares, having a face value of Rs 4 each at a price of Rs 294 per share of New Delhi Television Ltd which is pursuant to an open offer under the Sebi Regulations, by VCPL.
The company will undertake a buyback of up to Rs 850 crore (excluding buyback taxes and other transaction costs) at a maximum price of Rs 810 per share and has opted for the open market route through stock exchanges method, which is to be completed within a maximum period of six months.
Forbes had placed President of the European Commission Ursula von der Leyen on the top position of the 19th annual Forbes list of the World's 100 Most Powerful Women for her leadership during the Ukraine war.