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UPL Settles Case, With Sebi; Pays Rs 19.5 Lakh
UPL Ltd has settled with the capital markets regulator Sebi a case pertaining to alleged failure to modify the terms of appointment of the auditor of its subsidiary. The company settled the proceedings initiated against it after paying Rs 19.5 lakh ...
What Is Social Stock Exchange Proposed In Union Budget 2019?
In her maiden Budget speech in the Parliament, Nirmala Sitharaman proposed the set up of social stock exchanges in India that will allow the listing of social enterprises, bodies working for social welfare and other voluntary organizations. The proposed exchanges will ...
India should open up banking sector: Expert
Singapore: India should open up its banking sector to foreign banks and tap the strength of international financial institutions, an expert has said. Piyush Gupta, Chief Executive of Singapore's DBS Group Holdings, said India could tap foreign banks to bridge ...
Govt may consider Sebi like regulations for commodities market
NEW DELHI: As a multi-agency probe continues into the Rs 5,600-crore payment crisis at National Spot Exchange Ltd (NSEL), the government may consider streamlining the norms for commodities and capital markets, regulated by FMC and Sebi, respectively, to plug potential regulatory ...
SEBI eases KYC norms for foreign investors
New Delhi: Making Indian capital markets an easier place to invest, SEBI Thursday relaxed registration and disclosure norms for low-risk foreign investors and exempted the low-risk overseas entities from tedious paper work. SEBI also classified foreign investors eligible to make ...
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