New Delhi : In a major crackdown on market manipulation using social media, the Securities and Exchange Board of India (Sebi) has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other individuals and entities from accessing the securities markets for a period ranging from one to five years. The action stems from […]
New Delhi : Hero FinCorp, the non-banking financial arm of two-wheeler giant Hero MotoCorp, has received the much-anticipated green light from the Securities and Exchange Board of India (SEBI) to proceed with its ₹3,668 crore Initial Public Offering (IPO). This approval, disclosed in SEBI’s update on Wednesday, signals a major milestone in Hero FinCorp’s strategic […]
New Delhi September 6 2024 : Amid growing political controversy, the Parliament’s Public Accounts Committee (PAC) has decided to review the performance of regulatory bodies established by Acts of Parliament, including the Securities and Exchange Board of India (SEBI). This development comes in the wake of conflict of interest allegations against SEBI Chairperson Madhabi Puri […]
New Delhi : The Securities and Exchange Board of India (Sebi) has imposed a significant penalty and restrictions on industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance, in a high-profile case involving fund diversion. Sebi has barred Anil Ambani from participating in the securities market for five years. […]