Sebi orders 5 firms to refund investors money in 3 months

by www.moneycontrol.com
Markets regulator Sebi has ordered five companies and their directors to refund in three months the money raised from investors without complying with the public issue norms.
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Sources also told Moneycontrol that LIC is concerned about shareholdersâ?? interest and wants the issues to be resolved at the earliest
Bittiâ??s (Kriti Sanon) tales from Bareilly failed to create excitement at the box office with opening day collections from Bareilly Ki Barfi being close to Rs 2.25 crores only. Toilet-Ek Prem Katha
The aggregate losses of state-owned banks in April to June quarter stood at Rs 277 crore
Saria strengthened by Rs 200 per tonne at the steel market in the national capital on increased offtake by stockists following an upswing in construction activities.
Assuring balance-sheet stressed firms that key objective of NPA resolution is not liquidation of their businesses but to save them, Finance Minister Arun Jaitley said on Saturday.
IIT Kharagpur and Tata Medical Center will go for institutional collaboration in education, research and outreach programmes in the field of inter-disciplinary medical research.
Miscreants pelted stones at the Dehradun-Delhi Shatabdi Express near Muzaffarnagar railway station here, damaging some window panes.
The sops are part of the Telangana Textile and Apparel Incentive Scheme 2017 announced by the TRS government with an aim to attract investments and generate job opportunities for the local populatio
Stephen Bannon, the embattled Chief Strategist who helped President Trump win the 2016 election by embracing their shared nationalist impulses.
The dramatic departure of Vishal Sikka as chief executive of Infosys, following a months-long public battle with the tech giant#39;s founders, has left the company with vacancy problem.
Oil prices rose sharply on Friday, as the dollar fell and US drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while US crude was virtually flat on the we
Security forces on Saturday launched multiple cordon and search operations spread across 10 villages of Shopian district in south Kashmir as part of the latest offensive against militancy, officials
Uttar Pradesh government has suspended five revenue department employees for seeking bribe for the farm loan waiver scheme launched by it.
Reserve Bank Governor Urjit Patel has called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner.
The firms initiated investigation on concerns regarding compliance with federal securities laws, securities fraud, unlawful practices and materially misleading information.
The firms initiated investigation on concerns regarding compliance with federal securities laws, securities fraud, unlawful practices and materially misleading information.
Infosys today offered to buyback equity shares not exceeding Rs 13,000 crore at a price of Rs 1,150 per share.
OTM facility will enable the investors to register a one time mandate
Oil Palm Developers and Processors Association on Friday welcomed the Centre#39;s move to increase the import duties on palm oil.
The CBI has booked former Additional Income Tax Commissioner R Manjunathaswamy for allegedly receiving a bribe of Rs 4 lakh from a private company for helping it in tax assessments.
The United States on Saturday formally launched a trade investigation into China#39;s intellectual property practices and forced transfer of American technology.
India on Friday termed as #39;incorrect#39; reports of it supplying BrahMos anti-ship cruise missiles to Vietnam even as the Southeast Asian country.
The Orissa High Court on Friday granted bail to Seashore Group of Companies CMD Prashant Dash in a chit fund related case.
Trai Chairman R S Sharma on Friday snubbed incumbent services providers on their charge that the regulator did not act in-time against Reliance Jio network testing methodology.
Full-service carrier Jet Airways on Friday said it would hold its annual general meeting on September 11.
BJP president Amit Shah on Friday said not a single corruption charge has been leveled against the Narendra Modi government in the last three years.
Joshi had recently replaced Pahlaj Nihalani as the chairman of the Central Board of Film Certification (CBFC).
GIVEN its huge talent pool potential, Bacolod City is capable of achieving even more than the target 5,000 jobs in the healthcare information management (HIM) industry by 2022, a top official of the D
Russian President Vladimir Putin on Saturday appointed career diplomat Nikolay Kudashev as Russia#39;s new ambassador to India, the country#39;s embassy here said.
Ousted Pakistan prime minister Nawaz Sharif and his two sons on Friday failed to appear before the top anti-graft body, which wanted to interrogate them over money laundering and corruption charges
Here#39;s a wrap of the key developments in the automotive space during the week.
The probe is the administration#39;s first direct measure against Chinese trade practices, which the White House and U.S. business groups say are bruising American industry.
Experts said that while CEOs from outside the company are given high targets and little time, sometimes too much proximity between old regime and new could be disruptive
The US decision to sell 22 Sea Guardian drones to India at an estimated cost of USD 2 billion will create around 2,000 jobs in the US and "cement" bilateral ties, an American executive involved in t

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