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20 June, 2017 1:20 AM Sahara gets time till July 5 to deposit Rs 710 crore

NEW DELHI: Condoning Sahara group's failure to deposit Rs1,500 crore into the Sebi Sahara refund account by June 15, the Supreme Court on Monday permitted it to make good a shortfall of Rs 710 crore by July 5 but with a warning, "If money does not come, Subrata Roy goes back to jail." Sibal also informed the court that land owned by the group in villages 20

19 June, 2017 12:04 PM SC grants Sahara chief Subrata Roy 10 more days to deposit Rs 709.82 crore

SC extends its interim order granting bail to the Sahara chief till July 5, the next date of hearing The Supreme Court today granted Sahara chief Subrata Roy 10 more working days to deposit Rs 709.82 crore out of the promised Rs 1,500 crore and extended its interim order granting him bail till July 5. Roy had earlier deposited two cheques of Rs 1,500 crore 23

19 June, 2017 11:53 AM Sensex barrels ahead to record peak, Nifty tops 9,600-mark

Mumbai: The Sensex recorded a significant recovery of 255 points to close at a new peak of 31,312 today and the Nifty reconquered the key 9,600, riding piggyback on GST headway and expectations of reforms by regulator Sebi. There was more of buying as investors saw NPA resolution gaining traction after the Reserve Bank asked lenders to initiate bankruptcy 23

19 June, 2017 9:16 AM Umiya Tubes' board meeting on June 22, 2017

1. To place various findings (including the facts leading to non signing of Share purchase agreement) in the matter of acquisition of 100% of shareholding of M/s Anand Seamless Tubes Private Limited (which was earlier approved at the Board meeting held on 19th May, 2017) and to seek approval of the Board of Directors for further course of action in view of those 27

19 June, 2017 3:16 AM Mewar Hi-Tech Engineering's board meeting on June 24, 2017

To consider, approve and take on record the audited financial results of the company for the half year and year ended on 31st March 2017 along with auditor report thereon. Further, pursuant to SEBI (Prohibition of Insider Trading) Regulation, 2015 read with Company's Code of Conduct for prevention of Insider trading the 'Trading Window' for dealing in the equity 26

13 June, 2017 8:51 AM Gitanjali Gems unit Nakshatra World gets Sebi's nod for IPO

Gitanjali Gems' arm Nakshatra World has received capital markets regulator Sebi's go-ahead to float an initial public offering. The company had filed draft red herring prospectus (DRHP) with Sebi in March and obtained its 'observations' on June 9, which are necessary for launching any public offer, as per the latest update. Going by the draft papers 20

6 June, 2017 2:04 PM SEBI may give conditional approval to Vikram Limaye's appointment as NSE MD & CEO

The Securities and Exchange Board of India (SEBI) may approve conditional appointment of Vikram Limaye as the NSE MD & CEO. “We are considering Limaye’s conditional approval, which could take a week’s time,� a source privy to the developments told Moneycontrol. “SEBI may give conditional approval to Limaye even as his contract with BCCI is still 29

6 June, 2017 1:44 AM CBI raids Prannoy Roy for ‘cheating bank’

Blatant attack on press freedom: NDTV The Central Bureau of Investigation on Monday conducted searches at the residences of the founder of private television broadcaster NDTV, Prannoy Roy, and his wife Radhika in a case of an alleged Rs. 48 crore loss to the ICICI Bank. The alleged loss was incurred due to the slashing of annual interest rate from 19% to 9.5 % on a Rs. 375-crore 43

6 June, 2017 1:15 AM CBI raids NDTV’s Prannoy, Radhika Roy over alleged fraud case, causing Rs 48 cr loss to ICICI Bank

The Central Bureau of Investigation (CBI) on Monday conducted searches at the residences of NDTV’s promoter Prannoy Roy for allegedly causing a loss of Rs 48 crore to ICICI Bank on a loan of Rs 350 crore between 2008 and 2010. The agency further accused Roy, his wife Radhika Roy, private company RRPR Holding and officials of ICICI Bank of allegedly concealing 51 1

5 June, 2017 6:59 PM SBI flags off QIP to raise Rs 11,000 crore

The State Bank of India (SBI), the country’s largest lender, has launched share sales through private placement to raise about Rs 11,000 crore to shore up its capital adequacy ratio. This is part of the plan to mop up Rs 15,000 crore from the markets in the current fiscal year. In a regulatory filing, the bank said it had opened a “qualified institutional 44