securities and exchange board of india

Toll-free Helpline Service for Investors Securities and Exchange Board of India (SEBI) has launched a toll free helpline service number 1800 22 7575 for investors on December 30, 2011. The service will be available to investors from all over India and will be in 14 languages. At present the available languages are English, Hindi, Marathi, Gujarati, Tamil, Bengali, Malayalam, Telugu, Urdu, Oriya and Punjabi. The service in Kannada, Assamese and Kashmiri will be commen.. Full Article

NEW DELHI: The Supreme Court today directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against market regulator SEBI's order directing the return of money collected from investors for an OFCD scheme within a period of three weeks.A three-member bench headed by Chief Justice S H Kapadia also directed the Securities Appellate Tribunal (SAT) to decide Sahara India Real Estate Corp's appeal against SEBI within a period of ei.. Full Article

Market regulator Sebi today imposed a penalty of Rs 14 crore on Dushyant Natwarlal Dalal and Puloma Dushyant Dalal , the two financiers for unlawful gains made during the infamous IPO scam of 2003-05. The two had been accused of making unlawful gains of over 4.94 crore by cornering shares of various companies meant for retail individual investors and the penalty is three times of the amount. Full Article

Capital market regulator SEBI today said the equity market should not be considered as a market of speculators.'Don't treat the capital market as a market of speculators, Securities and Exchange Board of India (SEBI) Chairman U K Sinha said at a conference. Full Article

Market regulator Sebi today directed Purshottam G Budhwani , a broker involved in the infamous IPO scam of 2003-05, to deposit over Rs 9.39 crore on unlawful gains made by him. In case of failure to deposit the amount within 45 days, Budhwani shall be barred from the securities market for nine years, the Securities and Exchange Board of India (Sebi) said in an order. Full Article

Market regulator Securities and Exchange Board of India (SEBI) is considering allowing companies to allocate the unused quota in public offers exclusively to retail investors. The move is expected to further increase retail participation in government offers where the employee quota is usually undersubscribed while retail is oversold because of good pricing. "A proposal is under examination," a SEBI official told ET. Full Article

Capital market regulator Securities and Exchange Board of India (SEBI) has proposed to put in place a business intelligence gathering mechanism with an aim to enhance its surveillance and protect investors' interest. Full Article

Market regulator Sebi is still to recover monetary penalties of over Rs 103 crore imposed on individuals and entities till December, 2010. According to the Securities and Exchange Board of India (Sebi), the defaulters list covers 864 cases with a total penalty of Rs 1,03,55,34,765. Sebi issued adjudication orders on these cases between 2002 and 2010 and the concerned individuals and entities were asked to fork out monetary penalties. However, they had defaulted on furnis.. Full Article