Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «sebi»

21 April, 2017 10:15 AM Sebi court quashes non-bailable warrant on Subrata Roy on condition he appears in court

A special SEBI court today quashed a non-bailable warrant issued against disgraced Sahara chief Subrata Roy who appeared before the court today. The court cancelled the warrant on the condition that Roy makes personal appearances before the court on all the relevant hearing dates. NEW DELHI: A special SEBI court today quashed a non-bailable warrant issued 20

18 April, 2017 10:53 PM The case(s) against Vijay Mallya and Kingfisher Airlines

Vijay Mallya and the now defunct Kingfisher Airlines are embroiled in several court cases ranging from money laundering to tax evasion to loan defaults Millionaire Vijay Mallya on Tuesday was granted bail by London court hours after his arrest by the Scotland Yard, acting on an extradition request from India. Extradition proceedings against Mallya have now started 95

17 April, 2017 6:50 PM U.S. firm backs off from plan to buy Sahara’s hotel

Red Corner Notice against man holding power of attorney A U.S. company that had proposed to buy Sahara’s Plaza Hotel in New York struck a sour note in the Supreme Court on Monday when it said it was no longer interested in going ahead with the plan. The court then ordered the Union of India to issue a Red Corner Notice against one Prakash Swamy, who holds 24

17 April, 2017 3:40 PM SC orders Aamby Valley sell-off, summons Subrata Roy

Asks liquidator to prepare valuation in 10 days; Sahara says distress sale would unduly favour buyer The Supreme Court on Monday set in motion the process to sell Maharashtra-based luxury township of Aamby Valley to recover the dues owed by the Sahara Group to the Securities and Exchange Board of India (Sebi). The court, on the advice of amicus curiae 36

17 April, 2017 3:04 PM Supreme Court orders auction of Sahara's Rs 34,000 crore Aamby Valley properties

Supreme Court on Monday ordered auction of Sahara's Rs 34,000 crore Aamby Valley properties over the business conglomerate's failure to deposit money for refunding to its investors. The Supreme Court bench also directed that Sahara Group's Subrata Roy be personally present in the next date of hearing on April 28th in the case. "Enough is enough. You cannot 22

17 April, 2017 1:38 PM 'Enough Is Enough' Say Judges, Sahara's Aamby Valley To Be Sold: 10 Facts

1. Aamby Valley must be auctioned, the Supreme Court said today, ordering Mr Roy and his group as well as SEBI, the capital market regulator, to provide all enabling documents within 48 hours. 3. In February, judges asked Sahara to give it a list of properties that are free from litigation and unmortgaged and could be put up for sale by auction. They also ordered 17

17 April, 2017 10:55 AM SC orders commencement of Aamby Valley auction

It also directs Sahara chief Subrata Roy, who is out on parole, to be present in the court on April 27, the next date of hearing. A Special Bench of Justices Dipak Misra, Ranjan Gogoi and A.K. Sikri came out with the order after Sahara reneged on its undertaking to the court to pay over Rs. 5,000 crore into the Sahara-SEBI refund account towards its liability 18

17 April, 2017 9:21 AM Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up

New Delhi: The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore. A top court bench headed by Justice Dipak Misra also directed 42

7 April, 2017 9:57 AM 4,558 listed companies comply with Sebi's woman director norms

As many as 4,558 listed companies have complied with markets regulator Sebi's norms of having at least one woman director on board. All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive, as also under the Companies Act, 2013. These rules are aimed at ensuring gender diversity in boardrooms 37

6 April, 2017 10:32 AM 5 key takeaways from RBI's first bi-monthly policy statement, 2017-18

The key highlight was to allow banks to invest in REITs While reviewing the monetary policy, the central bank has proposed that banks be allowed to invest in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). This follows an earlier proposal by market regulator Securities and Exchange Board of India (Sebi). The RBI proposed 45