SEBI

Markets regulator Sebi Thursday slapped a penalty of over Rs 1 crore on 11 entities for fraudulent and manipulative trading in the shares of Emed.com Technologies. The regulator had conducted investigation from August 2013 to June 2014 regarding the trading in the scrips of Emed.com Technologies.

Investments through participatory notes in domestic capital market rose to Rs 78,110 crore at the end of March, amid positive market sentiments.

Sterling and Wilson, a solar engineering, procurement and construction firm promoted by Shapoorji Pallonji and Company has filed draft papers with markets regulator Sebi to raise about Rs 4,500 cr through an initial public offer.

There are lot of claims surfacing post the deferral in Fixed Maturity Plans (FMPs) payout by Kotak Mahindra AMC and HDFC AMC. One being that many names can be out in the coming months, yet markets regulator – SEBI is not taking any action.

The risk related to debt instruments has hit the fund houses. This came to light after Kotak Mahindra Asset Management Company (Kotak Mahindra AMC) and HDFC Asset Management Company (HDFC AMC) deferred in payment to their investors.

Sun Pharma group’s senior executive Abhay Arvind Gandhi and his wife Kiran have settled with Sebi a case related to insider trading in shares of Ranbaxy Laboratories in 2014. Both have paid a total of over Rs 70 lakh as settlement charges.

Markets regulator Sebi on Thursday came out with revised guidelines for system audit to be conducted by mutual funds (MF) and asset management companies (AMCs), considering the importance of system audit in technology driven asset management activity.

Markets regulator Sebi has imposed a total penalty of Rs 10 lakh on two entities for carrying out fraudulent trade in the illiquid stock options segment of BSE.

Markets regulator Sebi has streamlined the procedure for issuing certified copies of orders and circulars to the parties involved and other applicants.

Markets regulator Sebi has proposed amendments to norms governing Self Regulatory Organisations, including recognising such entities on a nomination basis.