Free Press Journal
  • Jet Airways mid-air horror, Jet Airways, DGCA, Directorate General of Civil Aviation, support, mumbai, Jet Airways horror

    Blackstone looks to pick up stake in Jet Privilege

    Mumbai : Trouble-hit Jet Airways likely to get a breather as private equity firm Blackstone Group is in talks to buy a stake in the loyalty programme of the carrier.

  • Companies to make timely loan default disclosures

    New Delhi : Markets regulator Sebi is looking to stipulate a framework for timely and detailed disclosures of loan defaults by listed entities to enhance transparency.

  • Sebi mulling steps to prevent misuse of clients’ securities  

    New Delhi : To strengthen the supervision of stock brokers, markets regulator Sebi is mulling additional measures to prevent misuse of client’s securities. Besides, the regulator plans to initiate technology-based measures to streamline the sharing of information among the stock exchanges, depositories and Sebi to enhance the inspection of intermediaries.

  • Sebi comes out with list of 1,677 defaulters

    New Delhi: As many as 1,677 entities, including individuals, failed to pay penalties imposed by Sebi till the end of May, according to the regulator.

  • Sebi completes probe against NSE, OPG in co-location case

    New Delhi : The Sebi has completed its investigation against the NSE and OPG Securities in the co-location matter and has initiated enforcement proceedings against them, Parliament was informed.

  • T Rowe Price moves Bombay high Court over UTI’s IPO issue

    Mumbai : US investor T Rowe Price has approached the Bombay High Court seeking a direction to the finance ministry and Sebi to prevent four PSUs from stalling the Unit Trust of India’s bid to come up with an IPO.

  • NSE looks to settle probe into co-location case with Sebi

    New Delhi : The National Stock Exchange (NSE) on Wednesday said it has initiated fresh talks with markets regulator Sebi to settle a probe into the co-location issue through consent mechanism.

  • Sebi mulls steps to curb insider trading

    Mumbai : The Securities and Exchange Board of India plans to put in place measures to curb insider trading and misuse of unpublished price-sensitive information through timely announcements by listed companies, the regulator said in its annual report for 2017-18.

  • MCX to face probe over technical glitches

    Mumbai : A series of technical glitches in the Multi Commodity of Exchange of India’s (MCX) trading system in the last two months is likely to lead to a “detailed investigation” by the regulator, owing to concern on whether the exchange is technologically capable of handling heavy order inflows ahead of opening the market to new products and new players.

  • Large cos may have to tap bond market for fund raising

    Mumbai : Markets watchdog Securities and Exchange Board (Sebi) will soon come out with a consultation paper on making it mandatory for large corporates to meet one-fourth of their financing needs from bond markets.

  • Electrosteel faces Rs 1-cr NSE fine

    New Delhi  : Electrosteel Steels, which is undergoing insolvency resolution process, on Friday said the NSE has imposed a penalty of over Rs 1 crore on the company for non-compliance of filing its financial results for the quarter and year ended on March 31, 2018, within the required time.

  • Sahara asserts it will get out of fiscal woes by FY20

    New Delhi : Embattled Sahara group has said it is confident of getting out of long-running financial constraints by the next fiscal and will regain a key position as an Indian conglomerate by entering several new businesses.

  • 8 cos in race to buy PACL properties

    New Delhi : Markets regulator Sebi on Tuesday said it has received proposals from eight interested entities that can offer higher price for the properties belonging to PACL group, than that proposed by the company.

  • Sebi orders open offer for NDTV

    New Delhi: Regulator Sebi today ordered a little-known entity, Vishvapradhan Commercial, to make an open offer for NDTV Ltd for indirectly acquiring control of up to 52 per cent stake through a convertible loan of Rs 350 crore in 2009 ‘sourced’ from a subsidiary of Reliance Industries Ltd.

  • ICICI Sec IPO under scanner

    Mumbai: Sebi on Thursday said it is looking into alleged violations of code of ethics in the ICICI Securities IPO and has sought details. ICICI Securities had in March reduced the size of its initial public offer (IPO) to a little over Rs 3,500 crore after the sale elicited a sluggish response, especially from high net worth individuals. On a question about whether Sebi was conducting any investigation in the alleged violation

  • Pharma cos to be pulled up on non-disclosure

    MUMBAI: Sebi on Thursday said it would take action against pharma companies if they are found not sharing information on material events like inspections and reports by the US FDA.

  • SEBI reduces timeline for Initial Public Offering price band

    Mumbai, The Securities and Exchange Board of India (SEBI) on Thursday announced a reduction in the timeline for the announcement of Initial Public Offering (IPO) prices. Addressing a press conference post a board meeting, SEBI Chairman Ajay Tyagi announced that the timeline for announcing IPO has been reduced from five days to two. Three regulations around initial public offerings and buybacks have been redrafted.

  • ICICI-Videocon loan case: SEBI yet to receive reply from bank on Chanda Kochhar issue, says Ajay Tyagi

    Mumbai: SEBI Chairman Ajay Tyagi today said the regulator is yet to receive a reply from the ICICI Bank on allegations involving its CEO Chanda Kochhar. Besides Sebi, various other agencies, including the CBI, are looking into alleged lapses involving Kochhar and her family members with respect to loans extended by the lender to certain entities, including the Videocon group.